Mixed-Use Property with Shop
For Sale
$1,399,000
1012 W 36TH STREET, Scottsbluff, NE 69361
COMMERCIAL/INDUSTRIAL, Scottsbluff, NE
Property Size14,560 SF
Price / SF$96.09
Days on Market263
Property Features for 1012 W 36TH STREET
General Information
Property type
Commercial Sale
Property subtype
Other
Lot features
Free Standing
Subdivision
SCOTTSBLUFF
Standard status
Active
APN
010246762
Taxes and HOA fees
Tax Year
2025
Tax Description
Lt 2, Blk 1, Adam's Add Replat
Tax Annual Amount
7946
Legal Description
Lt 2, Blk 1, Adam's Add Replat
Building Details
Number of units
9
Flooring type
Vinyl, Tile, Carpet
Building materials
Frame
Roof type
Flat
Listing Agency:
NEBRASKA REALTY
(402) 491-0100
Listed By:
CAITLIN COPAS · License #20170323
(308) 241-1664
Added: Jan 18
Changed: Sep 17
Last Checked: Oct 8 at 11:06AM
MLS# 26932
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 14,560-square-foot mixed-use property is organized into 9 units with a broad range of existing configurations. The building includes 3 office-style businesses, a salon, a restaurant, 2 storage units, a large shop with 2 overhead doors, and a 4-bedroom, 1-bath apartment. The residence features an open-concept living room and kitchen, while storage is distributed throughout the property. Frame construction, a flat roof, and vinyl, tile, and carpet flooring complete the physical profile.
Positioned on the north side of Hwy 26, the property has highway frontage and abundant parking around the building. Parking access serves the various units and supports the property's combination of commercial, storage, shop, and residential components. Restaurant equipment is not included but may be negotiable.
Positioned on the north side of Hwy 26, the property has highway frontage and abundant parking around the building. Parking access serves the various units and supports the property's combination of commercial, storage, shop, and residential components. Restaurant equipment is not included but may be negotiable.
Key Highlights
- 14,560‑square‑foot building configured as 9 units
- 3 office‑style businesses, a salon, restaurant, and 2 storage units
- Large shop area with 2 overhead doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$115,315
Cap Rate
8.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,306,300
$2.3M
Cap Rate 7%
$1,647,357
$1.6M
Cap Rate 9%
$1,281,278
$1.3M
Market Conditions
NOI Build-Up for 14,560 SF
Gross rent
$174.7K $12.00/SF
− Vacancy
−$21.0K −$1.44/SF
EGI
$153.8K $10.56/SF
− OpEx
−$38.4K −$2.64/SF
NOI
$115.3K $7.92/SF
Area
Scotts Bluff County, NE
Vacancy
12.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,306,300
Cap Rate 7%
$1,647,357
Cap Rate 9%
$1,281,278
Alternative Uses
Best Use
Specialty Retail
$2.73M
$2.39M – $3.18M
NOI $190,868 @ 7.0% cap · market cap 13.64%
Second Best
Office B
$1.65M
$1.44M – $1.92M
NOI $115,315 @ 7.0% cap · market cap 8.24%
Theoretical Best
Healthcare Medical
$2.73M
$2.39M – $3.19M
NOI $191,301 @ 7.0% cap · market cap 13.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Office units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
231
Businesses Nearby
Explore this area
Business Placement
Demographics for 69361, NE
17,526
Population
7,750
Households
2.3
Avg Household Size
39
Median Age
27%
College-Educated
90%
High-School Grad
237.8 sq mi
ZIP Area
74
Density / Sq Mi
$55,531
Median Household Income
$38,160
Median Earnings
$949
Median Rent
$154,400
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use building combines office, salon, restaurant, storage, shop, and residential uses.
Where is this mixed-use property located?
The property is located at 1012 W 36TH STREET Scottsbluff, NE.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: 14,560‑square‑foot building configured as 9 units; 3 office‑style businesses, a salon, restaurant, and 2 storage units; Large shop area with 2 overhead doors
