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    1356 10Th St Gering, NE 69341

    For Sale
    $350,000

    OTHER - Gering, NE

    Days on Market:
    55
    Last Refresh:
    Dec 13 at 2:06 pm

    Property Features for 1356 10Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    0010071121

    Building Details

    Floors in Building
    2
    Number of units
    1
    Architectural style
    Other

    Nebraska Realty (402) 491-0100 [email protected]

    Listing agent CINDA MUNOZ (402) 491-0100

    Listing date Oct 20, 2025

    MLS# 26774 Listing URL

    Copyright © 2025 Scotts Bluff County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Gering Mixed-Use Historic Building

    This historic building, constructed in 1890, is located in downtown Gering, Nebraska, near a grocery store, pharmacy, and banks. The second story features four remodeled one-bedroom, one-bath residential units, each renting for $500 per month, including utilities. The leases include a clause stipulating that tenants pay any electrical costs exceeding $100 per month. The main floor contains a two-bedroom apartment renting for $575 per month, where the tenant pays for electricity and gas, while the owner covers water, sewer, and garbage expenses. Total utility expenses average $12,000 per year. The owner has updated the electrical system and replaced most of the plumbing and windows facing M and N Street. Upstairs, two vacant shop areas, formerly used as a barbershop and beauty salon, have a past rental history of $450 per month each, with tenants paying their own electrical costs. The seller has not been advertising these units for rent. The building has minimal maintenance requirements and offers a lot of character. This property is suitable for residential and retail use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gering
    County
    Scotts Bluff
    State
    Nebraska
    Longitude
    -103.660218
    Latitude
    41.822165

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    FAQs

    What type of property is this?
    Apartment building - Remodeled residential units and vacant shop areas in downtown Gering.
    Where is this apartment building located?
    The property is located at 1356 10Th St Gering, NE.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Five residential units provide immediate rental income: Four 1-bedroom units renting for $500/month each (includes utilities), and one 2-bedroom unit renting for $575/month.; - Updated electrical and plumbing systems minimize future maintenance costs.; - Prime downtown location offers convenient access to grocery stores, pharmacies, and banks.
    (402) 491-0100
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    1356 10Th St Gering, NE 69341
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    Gering, NE 69341
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1356 10Th St Gering, NE 69341
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