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    212 N Main St. Ainsworth, NE 69210

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    For Sale
    $127,500

    Commercial Building - Ainsworth, NE

    Property size:
    2,500 SF
    Price / SF:
    $51/SF
    Added:
    May 28, 2025
    Days on Market:
    333
    Last Refresh:
    Apr 25 at 12:06 am

    Property Features for 212 N Main St.

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Rooms
    Basement, Kitchen
    Parking features
    Garage
    Basement Y/N
    1
    Standard status
    Active
    Size
    2,500 SF

    Taxes and HOA fees

    Tax Annual Amount
    0

    Building Details

    Year built
    1910
    Year renovated
    1910
    Architectural style
    Other

    We can help!

    Listing Contact
    April Good

    Listing agent April Good

    Listing office Lashley Land and Recreational Brokers 2218 E. Walker Road, North Platte, NE

    Listing date May 28, 2025

    MLS# 11506322 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ainsworth Commercial Building with Basement

    Located on Main Street in Ainsworth, this commercial building offers 2500 square feet of finished space, complemented by a partially finished 2500 square foot basement that provides ample storage and expansion potential. The property includes an outdoor canopy, updated front windows, and a newer roof. The interior features a front desk, reception area, private office space, a large open area, two private rooms, two bathrooms, a shower, and a break room equipped with a kitchenette. Alley access is available. The open concept layout provides flexible space suitable for various business needs, blending modern updates with authentic character. The legal description is 26 30 22 ORIGINAL TOWN BLK 2 LOT 10 AINSWORTH. The property is located in Brown County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rangeland Rehab, P.C. Medical Clinic Bryan Doke, DPT Physician

    Suggested Use

    Restaurant Spa & Massage Center Building Supply Hair Salon Big Box & Wholesale Store Nail Salon Food Market Hotel & Motel Grocery & Convenience Store Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Ainsworth
    County
    Brown
    State
    Nebraska
    Longitude
    -99.862064
    Latitude
    42.54719

    Nearby Similar for Sale

    • $599,000

      Ainsworth Inn Hotel Opportunity

      Established 30-room hotel with expansion potential in Ainsworth, Nebraska.
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      View Details
    • $995,000
      1,104 SF

      Nebraska Ranching Opportunity on Highway

      148.29 acre ranch near Ainsworth, Nebraska with highway access.
      86371 State Hwy 7, Ainsworth, NE 69210
      View Details

    FAQs

    What type of property is this?
    Office units - Charming commercial building with flexible space and room to grow.
    Where is this office units located?
    The property is located at 212 N Main St. Ainsworth, NE.
    What is the asking price?
    The asking price for this property is $127,500.
    What are key features of this property?
    This property features: Prime Main Street location in Ainsworth.; 5000 sq ft total space with 2500 sq ft finished and 2500 sq ft partially finished basement.; Flexible open concept layout suitable for various business needs.
    (308) 532-9300
    We can help!
    Listing Contact
    April Good
    Learn More
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    Realmo Value Estimations

    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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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