820 3rd St Chadron, NE 69337-2242
This exceptional Chadron, Nebraska property, located at 820 W 3rd Street, offers 28,000 square feet of versatile space on a 0.65-acre lot (140 x 200 ft). Currently configured as a custom car renovation shop, the property includes three distinct work/storage areas and a separate, newly renovated 1,440 sq ft apartment. The apartment features three bedrooms, two bathrooms, an open kitchen with appliances and an island, ample closet space, and a covered patio. Improvements include a new roof, updated siding, new HVAC, plumbing, and electrical systems, and low-maintenance landscaping. The shop areas boast new overhead doors (12x12, 12x14, and 10x10), a loading dock, and heated spaces. One storage area is 40x50 ft, another is 40x50 ft heated, and the main shop space measures 60x50 ft. The property benefits from three-phase electricity and abundant parking. Its adaptable layout makes it ideal for various uses, including manufacturing, warehousing, automotive repair, storage (classic cars, boats, RVs), or a construction headquarters. The integrated living quarters/office space adds significant convenience and potential for owner-occupancy or rental income. The asking price is $499,000. This property presents a unique opportunity in a desirable Nebraska location.
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Mansfield Enterprises Hardware & Home Improvement HVAC Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
03-COMMERCIAL · Chadron, NECosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.