40 Cherry Street, Red Cloud, NE 68970

sale $699,000 | Hospitality

Listed By CENTURY 21 Midlands

An established facility with opportunity for more! This property offers an excellent value-add opportunity to operate your own assisted living facility or repurpose the space for a new business venture. Owned by the City of Red Cloud, which is positioned at the intersection of Highways 281 and 136, two major corridors through south-central Nebraska, this facility is just 40 minutes from Hastings. It offers access to a key Central Nebraska economic region and the flexibility to support your investment. Located on the Southwest side of town, the facility features 14 units with 18 beds, a full-service kitchen, dining and common areas, laundry facilities, administrative space, an outdoor gazebo, and a fenced backyard. Full financials and due diligence are available upon request. Requires at least 48-hour notice to show.

Property Features

Age: 11-20 Years Old
Basement: None
Building Area: 12099.00 SF
Cooling: Central A/C
Cross Docks: N
Exterior: Sidewalk
Exterior: Storage Shed
Exterior: Underground Lawn Sprinkler
Fencing: Privacy Fence
Fencing: Vinyl Fence
Flooring: Mixed
For Auction: N
General: Wheel Chair Accessible
General: Window Treatments
General: Smoke Detector
General: Storage Area
Heating - Fuel Type: Electric
Kitchen Features: Kitchen Facilities
Level Number: 1
Lot Description: Corner
Lot Size Desc: 20-50 Acres
Lot Size In Text: 34.78 Acres
MLSID: 20261600
Parking Places: 50
Pre-Wiring: Cable
Price Upon Request: N
Property Use: Use in a Business
Road Type: City / Town Street
Roof: Asphalt Shingle Roof
Sewer: City
Style: Other Style
Sublease: N
Tax Year: 2025
Water: City Water
Year Built: 2010
Zoning: R-2