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Industrial Flex Building with Office
For Sale
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1401 E 1st St, Ogallala, NE 69153

Flex-style industrial building includes insulated shop space, overhead doors, and dedicated office improvements for versatile operations.

Property Size6,165 SF
Lot Size1.60 Acres
Price / SF$76.07
Days on Market56

Property Features for 1401 E 1st St

General Information

Standard status Active
Size 6,165 SF
Lot size 1.60 Acres
Property subtype Office

Building Details

Year Built 1999
Tenancy Multi
Listing Agency: Lashley Land
Listed By: Shane Mauch · License #NE
Source: Crexi
Added: Jun 17 Changed: Aug 8 Last Checked: Aug 8 at 4:17PM

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 Lashley Land

Investment Insights

Based on property information with market context.

This for-sale industrial flex property includes a 6,165-square-foot main building with approximately 1,845 square feet of office space and 4,320 square feet of fully insulated shop area. The office is set up with a reception area, three offices, a conference room, and a bathroom with a kitchenette. The shop includes an approximately 1,000-square-foot work area and efficient gas tube heating. Additional building features include a loft above the office area for storage, utility room access, and individual openers for each overhead door.

On-site improvements also include a separate 1,680-square-foot, 4-car garage located east of the main building. The garage is currently used for storage and includes a half bathroom, along with additional storage space in the far west parking stall. The grounds and parking lot are described as well-maintained, including annual weed-control treatments.

The property is arranged to support a range of owner-user and tenant needs, combining office functionality with insulated shop space and multiple overhead doors. Additional storage is provided by the loft and separate garage, which can support back-of-house operations or overflow needs. For investors, the remarks indicate three separate leases in place, with more lease details available upon request.

Key Highlights

  • 6,165‑SF main commercial building built in 1999 with about 1,845 SF of office space and 4,320 SF of insulated shop space
  • Office area includes reception, three offices, conference room, and a bathroom with kitchenette
  • Rear shop space features efficient gas tube heating and includes an approximately 1,000‑SF work area

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Electrical Service Storage Facility Kitchen & Bath Showroom Grocery & Convenience Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

475
Businesses Nearby
Under-served
Demand for This Use

Demographics for 69153, NE

5,914
Population
3,239
Households
1.8
Avg Household Size
44
Median Age
22%
College-Educated
90%
High-School Grad
240.8 sq mi
ZIP Area
25
Density / Sq Mi
$58,022
Median Household Income
$41,440
Median Earnings
$738
Median Rent
$149,600
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Flex-style industrial building includes insulated shop space, overhead doors, and dedicated office improvements for versatile operations.
Where is this flex space located?
The property is located at 1401 E 1st St Ogallala, NE.
What is the asking price?
The asking price for this property is $469,000.
What are key features of this property?
This property features: 6,165‑SF main commercial building built in 1999 with about 1,845 SF of office space and 4,320 SF of insulated shop space; Office area includes reception, three offices, conference room, and a bathroom with kitchenette; Rear shop space features efficient gas tube heating and includes an approximately 1,000‑SF work area
More about this property
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