$699,000

40 N Cherry Street, Red Cloud NE, 68970

Property typeCommercial

Overview

Active

New Listing

Listed Nov 6, 2026

Updated 34h ago

An established facility with opportunity for more! This property offers an excellent value-add opportunity to operate your own assisted living facility or repurpose the space for a new business venture. Owned by the City of Red Cloud, which is positioned at the intersection of Highways 281 and 136, two major corridors through south-central Nebraska, this facility is just 40 minutes from Hastings. It offers access to a key Central Nebraska economic region and the flexibility to support your investment. Located on the Southwest side of town, the facility features 14 units with 18 beds, a full-service kitchen, dining and common areas, laundry facilities, administrative space, an outdoor gazebo, and a fenced backyard. Full financials and due diligence are available upon request. Requires at least 48-hour notice to show.

Listed by Brandon Benitz with C21 Midlands
Listing Contact: 308-224-9527
Based on information from REALTORS of Greater Mid-Nebraska. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Brett Raasch & Chantel Draves shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2026 REALTORS of Greater Mid-Nebraska. All rights reserved.
Data last updated 11/8/2026