About This Home

This 0-bedroom, 0-bathroom commercial at 114 N Main Street in Valentine, NE is listed for $325,000. Built in 1938, on a 0.26 acres lot.

Key Features

  • Built in 1938
  • 0.26 acre lot
  • 2 stories

Property Details

2 stories
1938

Amenities

Hardwood
Listing Description

Price Reduced Motivated Seller! Prime Main Street property with 18 unit apartment building ideal for investors seeking a maintained building with significant upside potential. Discover this vintage apartment building constructed in 1938, offering classic architecture and timeless appeal.

The three-level structure comprises a total of 18 units, including 12 one-bedroom, 4 two-bedroom, and 2 efficiency apartments. Currently at 60% occupancy, this property presents a great opportunity for value-add investment and future growth. The building also features a full basement with potential to finish as a common area or laundry facility, enhancing tenant amenities and increasing revenue opportunities.

Schedule your viewing today of this prime commercial opportunity downtown the Heart City! Legal: OT Lots 15 16 17 Blk 5 Valentine Lot Size: 75'x150' Property Taxes ( 2025): $1,404 Utilities: Electricity is separately metered with each tenant paying their own, except the 2 efficiency units. Common area electricity, propane, trash, & water are provided.

Monthly Cost Estimate

$1,738/mo

20% down · 6.5% · 30 years

Principal$235
Interest$1,408
Insurance$95

Estimates only. Actual payments may vary.

Location

114 N Main Street

Valentine, NE 69201

Property Details

Flooring

LinoleumCarpetHardwood

Construction

Brick

Heating

Forced AirPropane (Heating)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 114 N Main Street is listed at $325,000. The estimated monthly payment is $1,738 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1938, 0.26 acre lot, 2 stories.

This property is listed by Janelle Johnson.

JJ

Janelle Johnson

Agent at Stracke Land & Realty

Listed by Stracke Land & Realty · Broker phone: 402-340-2990

MLS# 11589858· Source: My State MLS· 391 days on PropertySimple

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

114 N Main Street, Valentine, NE 69201

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