114 N Main Street, Valentine, NE 69201
| Listing ID |
11589858 |
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| Property Type |
Multi-Unit (5+) |
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| Commercial Type |
Residential/Multifamily |
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| County |
Cherry |
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Price Reduced Motivated Seller! Prime Main Street property with 18 unit apartment building ideal for investors seeking a maintained building with significant upside potential. Discover this vintage apartment building constructed in 1938, offering classic architecture and timeless appeal. The three-level structure comprises a total of 18 units, including 12 one-bedroom, 4 two-bedroom, and 2 efficiency apartments. Currently at 60% occupancy, this property presents a great opportunity for value-add investment and future growth. The building also features a full basement with potential to finish as a common area or laundry facility, enhancing tenant amenities and increasing revenue opportunities. Schedule your viewing today of this prime commercial opportunity downtown the Heart City! Legal: OT Lots 15 16 17 Blk 5 Valentine Lot Size: 75'x150' Property Taxes ( 2024): $1,460.68 Utilities: Electricity is separately metered with each tenant paying their own, except the 2 efficiency units. Common area electricity, propane, trash, & water are provided.
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- 9450 SF (AG)
- 11250 SF Lot
- Built in 1938
- 2 Stories
- Available 10/14/2025
- Full Basement
- 4725 Lower Level SF
- Lower Level: Partly Finished
- Carpet Flooring
- Hardwood Flooring
- Linoleum Flooring
- Alarm System
- Fire Sprinklers
- Forced Air
- Propane Fuel
- Wall/Window A/C
- Masonry - Brick Construction
- Brick Siding
- Flat Roof
- Municipal Water
- Municipal Sewer
- Street View
- Main Street Apartments LLC (Business Name)
- Paid by Landlord: Gas, Water, Cleaning, Insurance, Ord. Maint., Struct. Maint., Ground Maint.
- Tax Exemptions
- $1,461 Total Tax
- Tax Year 2024
Listing data is deemed reliable but is NOT guaranteed accurate.
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