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Investment Highlights

  • Fully leased to three long-standing local businesses
  • Upper-level conversion opportunity for two apartments
  • Situated in a thriving college town with year-round activity
  • Recent upgrades include new HVAC systems and modernized interiors
  • Prime Main Street location with strong visibility and foot traffic

Executive Summary

Located in the heart of downtown Chadron, 219 Main Street offers investors a rare opportunity to own a fully leased, income-producing property in one of western Nebraska’s most vibrant small-town markets. This historic three-unit building combines timeless character with modern upgrades, including a major remodel in 2020 and new HVAC systems installed in 2023. Each main-level storefront is occupied by established local businesses—Bloom, a beloved flower and gift shop; The Cut Hut, a busy full-service salon; and a recently leased north-end unit—providing immediate cash flow and stability.
Beyond its current performance, the property offers significant upside potential. The upper level, featuring updated windows, is primed for conversion into two residential apartments, ideal for downtown living or short-term rentals. Situated on a 50’ x 100’ lot with approximately 7,750 sq. ft. of finished and basement space, this asset delivers flexibility for future improvements while maintaining strong visibility and foot traffic along Chadron’s Main Street corridor.
Chadron serves as the commercial and cultural hub of the northern Panhandle, home to Chadron State College and surrounded by natural attractions like Chadron State Park and the Nebraska National Forest. This dynamic environment supports a thriving local economy and steady demand for retail and residential spaces. Whether you’re seeking a stable investment or a property with growth potential, 219 Main Street stands out as a strategic acquisition in a community that values local business and downtown revitalization.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
7,750 SF
Building Class
C
Year Built/Renovated
1888/2020
Price
$307,846 CAD
Price Per SF
$39.72 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories

Amenities

  • Air Conditioning
Fairly walkable
50/100
Moderately drivable
70/100
Fairly bikeable
50/100

Nearby Major Retailers

Safeway
Bank of Montreal
First National Bank of Omaha
Scooter's Coffee
Champs Chicken
Country Kitchen

Property Taxes

Property Taxes

Parcel Number
230004729
Land Assessment
$20,957 CAD
Improvements Assessment
$166,926 CAD
Total Assessment
$187,883 CAD
  • Listing ID: 38732020

  • Date on Market: 2025-12-10

  • Last Updated:

  • Address: 219 Main St, Chadron, NE 69337

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