219 MAIN ST, Chadron, NE 69337 For Sale

Located in the heart of historic downtown Chadron, this charming three-unit commercial building offers an outstanding opportunity for investors or owner-operators looking to be part of one of western Nebraska's most vibrant small-town communities. With all three main-level units currently leased to long-standing local businesses, this property combines immediate rental income with future development potential. Property Overview This impressive Main Street property has seen extensive updates and modernization while still maintaining its original downtown character. The building features three distinct commercial units, providing flexibility for retail, office, or service businesses. Unit 1: Occupied by Bloom, a popular flower and gift shop known for its creative displays, special-occasion arrangements, and loyal customer base. Unit 2: Leased to The Cut Hut on Main, a busy full-service salon with established clientele. Unit 3: The north-end storefront has just been leased out, making all three units generate monthly income. The main level has seen major remodeling in 2020, creating an updated, functional, and visually appealing space for tenants. The upper level offers even more upside potential, with room to develop two residential apartments-ideal for downtown living or short-term rentals. While these units would require renovation, the upstairs windows were replaced approximately eight years ago, providing a head start on restoration. In summer 2023, two brand-new HVAC systems and rooftop A/C units were installed, ensuring energy efficiency and comfort throughout the year. The property sits on a 50' x 100' lot and features a total of approximately 7,750 sq. ft. of finished and basement space (per Dawes County records), offering flexibility for storage, retail, or future improvements. Investment Highlights Three separate rental units for multiple income streams Three long-term, established tenants are currently in place Updated infrastructure, including new HVAC (2023) and remodel (2020) Upper level suitable for two potential apartment conversions Strong foot traffic and visibility on Main Street Total building area: approx. 7,750 sq. ft. Lot size: 50' x 100' (5,000 sq. ft.) Zoned commercial - endless possibilities for future use About the Community Chadron, Nebraska, is a friendly, thriving community that blends small-town charm with modern amenities. As the county seat of Dawes County, Chadron serves as the commercial and cultural hub of the northern Panhandle. Downtown Chadron is lined with locally owned businesses, boutiques, restaurants, and service providers, making it a lively place to shop, dine, and connect. The city is also home to Chadron State College, which brings a steady flow of students, faculty, and visitors into town, adding to the local economy and creating a vibrant, youthful energy. Outdoor enthusiasts are drawn to the area's beautiful surroundings, including the Nebraska National Forest, Chadron State Park, and Toadstool Geologic Park-all just minutes away. These natural attractions make Chadron a gateway to western adventure, drawing both locals and tourists year-round. Chadron's residents take pride in supporting local businesses, and downtown continues to benefit from strong community engagement, events, and revitalization efforts. Whether you're looking for an income-producing investment or a hands-on business opportunity, 219 Main Street puts you right in the center of one of Nebraska's most welcoming and active communities. Summary This well-maintained downtown commercial property offers the perfect combination of historic charm, modern upgrades, and excellent income potential. With three strong tenants already in place, and future expansion opportunities upstairs, 219 Main Street is a rare find in the Chadron market. Don't miss your chance to invest in downtown Chadron - where community, commerce, and opportunity come together.