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Property profile & analytics

115 Main St Chadron, NE 69337-2353

  • Commercial real estate
  • 11,552 SF
  • 0.28 lot acres
OFF-MARKET
Last Sale
Jul 01, 2024
Value Estimations
$345,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US57-0609316
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Olde Main Street Inn / Hotel
  • 77 Longbranch Saloon / Bar

Property Details for 115 Main St

Year built
1890
Lot size
0.28 lot acres
Property size
11,552 SF
Zone code
03-COMMERCIAL
Property type
Commercial real estate
APN
230004594
APU
230004594

Description

This exceptional $575,000 investment opportunity presents a 17,100 square foot office building located at 115 Main Street in Chadron, Nebraska, zip code 69337. The property boasts a rich history, having served as the Olde Main Street Inn, a nationally registered historic hotel established in 1890. The main building encompasses 14,560 square feet and includes nine rooms, a mix of overnight rooms and suites, all meticulously decorated with vintage furnishings. The ground floor features a restaurant and saloon, each with a 100-person capacity, and a classic bar. A substantial manager's residence, totaling 600 square feet, is also included, featuring a large great room, two living rooms, three bedrooms, two and a half bathrooms, a kitchen, laundry facilities, an office, and storage rooms. This space offers versatile potential as a rental unit. The property further includes a charming garden and a separate smaller building, suitable for conversion into a cottage or retail space. The property's location in Chadron offers proximity to Chadron State College, Chadron State Park, Fort Robinson State Park, and is within two hours of the Black Hills and Rapid City, South Dakota. Personal property is available for separate negotiation. This presents a unique opportunity to acquire a piece of Nebraska history with significant potential for future development and income generation.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $345,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $250,000
    Market price range: $250k - $770k
    AI Estimate
    $348,000
    Market price range: $349k - $1.09M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Chadron
County
Dawes
State
Nebraska
Longitude
-103.001
Latitude
42.8322

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,607
$34,200
$148,555
$182,755
-
$34,200
$148,555
$182,755
More about this property
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