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40 Cherry Street

$699,000

40 Cherry Street, Red Cloud, NE 68970

Active
Last Updated: 11/13/2026

12,099 sqft

Building Size

34.78 acres

Lot Area

Details:
Building Size:    12,099 sqft
Lot Area:    34.78 acres
Year Built:    2010
Zoning:    R-2
MlsNumber:    20261600
Floors:    1
Parking Spots:    50
Parking Ratio:    4
Highlights:
  • Age: 11-20 Years Old
  • Basement: None
  • Cooling: Central A/C
  • Exterior: Underground Lawn Sprinkler
  • Fencing: Vinyl Fence
  • Flooring: Mixed
  • General: Window Treatments
  • Heating Fuel Type: Electric
  • Kitchen Features: Kitchen Facilities
  • Lot Description: Corner
  • Lot Size: 20-50 Acres
  • Pre Wiring: Cable
  • Road Type: City / Town Street
  • Roof: Asphalt Shingle Roof
  • Sewer: City
  • Water: City Water
Description:

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.


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Listing ID: 2b7e77f0-8d14-42e9-9f7e-82ff299a73e6
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