For sale
$130,000
Commercial property
1,922 SF building0.04 acres lot
$68/SF (asking price ÷ building area)
534 W Gage StreetBlue Hill, NE 68930
Listing courtesy of Mach 1 Realty · MyStateMLS #12042170
Under contractVirtual tour
$175,000
7,020 SF buildingBuilt 1940
221, 223, & 225 S 4th Street & 322 E Fremont StreetO'neill, NE 68763
Commercial property (from the listing description) · MLS 11994501 · Listed 45 days ago (Sep 21, 2026)
Under contract: The seller has accepted an offer with conditions. Some sellers still accept backup offers.
About this property
This unique property offers an attractive investment opportunity in a high-visibility location along Highway 281. The property features four commercial rental spaces plus a connected two-bedroom, one-bathroom apartment. All five spaces are currently rented, providing immediate rental income for a new owner. The commercial building features a welcoming main entrance leading into a central hallway, with individual entrances to each of the commercial spaces. One of the commercial spaces also has its own separate exterior entrance along the south side of the building, providing added convenience and flexibility. A covered awning extends along the entire south side of the building and continues around to the rear, creating a protected entrance and walkway for tenants and customers. The connected two-bedroom, one-bathroom apartment provides an additional income-producing component to the property. The apartment features a large, open living, dining and kitchen area with a center island, creating a spacious and functional gathering area. One bedroom is particularly generous in size and features double closets and private en-suite bathroom. The apartment also has its own separate concrete parking area and carport located to the rear of the building. There is also a 12,494 sq. ft. concrete parking area located along the south side of the building and extending around to the back, providing substantial off-street parking for tenants, employees and customers. With five currently occupied rental spaces, a high-visibility location along Hwy 281, extensive concrete parking, covered walkways and a flexible layout, this property offers a combination of current rental income and long-term potential that is hard to find. Year Built: 1940 Property Taxes (2026): $2,583.14 Disclosure All information contained herein is believed to be accurate; however, neither the Broker, its agents, nor the Seller make any representation, warranty, or guarantee as to its accuracy. Access to the property, availability of utilities, and any dimensions or measurements-including, without limitation, acreage, square footage, frontage, and boundary descriptions-have not been independently verified and are provided solely for marketing purposes. Buyers are advised to conduct their own due diligence to verify all such matters of concern, including measurements, property access, and utility connections. Cooperating Broker Compensation Terms of cooperating broker compensation, if any, are available upon request from the Listing Broker/Agent and must be determined prior to the commencement of cooperative efforts. Buyer's agents/brokers must be disclosed and identified by the Buyer and/or their representative at the initial contact with the Listing Broker/Agent in order to qualify for compensation. Otherwise, compensation shall be at the sole discretion of the Seller, Broker, and Stracke Realty, LLC. Real estate commissions and cooperating broker compensation, when applicable, are fully negotiable and are not established or fixed by law, Stracke Realty, LLC (or any division, trade name, or DBA thereof), or its agents/brokers.
Description provided by the listing brokerage.
Key facts
- Asking price
- $175,000
- Status
- Under contract
- Property type
- Commercial (type not stated)From the listing description
- Building area
- 7,020 SFSource field LivingArea
- Year built
- 1940
- MLS number
- 11994501
Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.
Price
- Asking price
- $175,000
- Price per SF of building
- $25/SFAsking price ÷ 7,020 SF reported building area
- Annual taxes
- $2,583Tax year 2026
Building and site
- County
- Holt County
Reported features
- Parking reported (from the description)“…has its own separate concrete parking area and carport located to the re…”
A mention is not a specification. Confirm power, clear height, doors, parking and code compliance for your use with the listing representative and your own advisers.
Virtual tours and video
Location
The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in O'neill.
Why this listing is on Commercial Only
- MLS property class detail. (PropertyTypeDetail: comm-building)
How listings qualify. Something wrong? Report it.
Price and status history
Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.
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Guides
Listing courtesy of Stracke Land & Realty. Listing agent: Kyle Connot. Listings provided by MyStateMLS.
Listing last modified at the source Sep 28, 2026, 7:05 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 5, 2026, 3:31 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.