Turnkey Retail Storefront
14 E 16th St Scottsbluff, NE 69361
For Sale
Contact for pricing
Turnkey retail storefront in a well-maintained building, with inventory included and owner guidance for a smooth transition.
Property Size2,058 SF
Price / SF$143.34
Days on Market150
Property Features for 14 E 16th St
General Information
- Standard status
- Active
- Size
- 2,058 SF
- Property subtype
- Business for Sale, Retail
Listing Agency:
Nebraska Realty
(308) 241-1664
Listed By:
Caitlin Copas · License #NE 20170323
Source:
Crexi
Added: Feb 23
Changed: Jul 23
Last Checked: Jul 23 at 1:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nebraska Realty
Investment Insights
Based on property information with market context.
This well-established turnkey retail storefront business has been operating in the Scottsbluff area since 1947. The business has been at its current location in the extremely well maintained building since 1990, and all inventory will go with the building. Current owners will advise new owners to support a successful transition.
The sale is positioned as a hands-on, ready-to-operate opportunity with continuity at the same location. The property itself is described as well maintained and supports ongoing retail operations as operated by the current ownership.
Inventory inclusion and owner-advised transition are key features of this offering.
The sale is positioned as a hands-on, ready-to-operate opportunity with continuity at the same location. The property itself is described as well maintained and supports ongoing retail operations as operated by the current ownership.
Inventory inclusion and owner-advised transition are key features of this offering.
Key Highlights
- Turnkey retail storefront business operating in the Scottsbluff area since 1947
- Current location in a well‑maintained building since 1990
- Inventory included with the building
Financial Insights For Retail
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 | $22.2k | $10.80 |
| − Vacancy | −$1.3k | −$0.65 |
| EGI | $20.9k | $10.15 |
| − OpEx | −$6.3k | −$3.05 |
| NOI | $14.6k | $7.11 |
2,058 SF · lease $10.80/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$208.9K
$182.8K – $243.8K
NOI $14,625 @ 7.0% cap · market cap 4.96%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$386.3K
$338.0K – $450.7K
NOI $27,040 @ 7.0% cap · market cap 9.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Bible Book Shop
Religious Bookstore
Similar Off Market Nearby
- Blossom Shop — 1816 Broadway, Scottsbluff, NE 69361
- The Flower Basket at Main Street Market — 401 S Beltline Hwy W, Scottsbluff, NE 69361
- Flowers On Broadway — 1910 Broadway, Scottsbluff, NE 69361
FAQs
What type of property is this?
Storefront property - Turnkey retail storefront in a well-maintained building, with inventory included and owner guidance for a smooth transition.
Where is this storefront property located?
The property is located at 14 E 16th St Scottsbluff, NE.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Turnkey retail storefront business operating in the Scottsbluff area since 1947; Current location in a well‑maintained building since 1990; Inventory included with the building
