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Corner-Configured Office Building

2106 1ST AVENUE Scottsbluff, NE 69361

2106 1ST AVENUE, Scottsbluff, NE, 69361
$175,000
For Sale
$175,000

SINGLE_FAMILY - Scottsbluff, NE

Property Size1,408 SF
Price / SF$124.29
Days on Market140

Property Features for 2106 1ST AVENUE

General Information

Property type
Residential
Property subtype
Office
Standard status
Active
APN
010135596

Taxes and HOA fees

Tax Year
2023
Tax Description
C 1/3 SE TL 5 EXC N 7', BLK 30, NORTH SCOTTSBLUFF ADD
Tax Annual Amount
2026

Utilities

Heating system
Forced Air, Natural Gas
Cooling system
Central Air

Building Details

Flooring type
Carpet
Building materials
Frame, Brick
Roof type
Flat
Listing Agency NEBRASKA REALTY
2970 10th St. Ste. #6, Omaha, NE
Listed by CAITLIN COPAS
Added: Mar 3 Updated: Jul 2 at 9:38 am Checked: Jul 21 at 1:06 am
MLS# 27027

Copyright © 2026 Western Nebraska 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.


Investment Insights

Based on property information with market context.

This corner-configured commercial office building offers a practical, compartmentalized layout with a conference or waiting area and a spacious office designed for day-to-day work. Additional storage is built into the unit, including a hallway with a half bath, a storage closet, and a back storage area. A dedicated break area with a kitchenette connects the workflow between offices, and a second nicely sized office sits on the opposite side of the break area.

The property also includes a basement of approximately 348 square feet, which features a utility sink and furnace, along with additional storage options and storm shelter. Outside, a two-car carport sits just off the back door, and there is additional off-street parking accessed from the alley.

For buyers or tenants looking for an office setting that supports both private work and client-facing meetings, the combination of multiple offices, conference/waiting space, and in-building break accommodations can help streamline daily operations. The property is currently tax exempt, and the listing notes that taxes shown for 2023 may change after purchase.

Key Highlights

  • 1,408 sq ft commercial building with well‑designed layout.
  • Spacious office with abundant natural light and storage.
  • Break area with kitchenette.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $16.9k $12.00
− Vacancy −$2.0k −$1.44
EGI $14.9k $10.56
− OpEx −$3.7k −$2.64
NOI $11.2k $7.92
1,408 SF · lease $12.00/SF/yr · vacancy 12.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$159.3K
$139.4K – $185.9K (±1% cap)
NOI $11,151 @ 7.0% cap · market cap 6.37%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$264.3K
$231.2K – $308.3K (±1% cap)
NOI $18,499 @ 7.0% cap · market cap 10.57%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Western Medical Management ... Accounting Firm

Suggested Use

Dental Office Parking Lot & Garage Real Estate Agency Food Market Grocery & Convenience Store (Bike/Boat/Book/etc) Store Locksmith HVAC Service Pet Grooming Service (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Office units - Functional office layout with multiple offices, break/kitchenette, and basement storage plus parking from an alley.
Where is this office units located?
The property is located at 2106 1ST AVENUE Scottsbluff, NE.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 1,408 sq ft commercial building with well‑designed layout.; Spacious office with abundant natural light and storage.; Break area with kitchenette.
Contact an agent
More about this property
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