409 E Adams Street, O'Neill, NE 68763

15,078 sq. ft. (+3,947 sq. ft. basement)

Endless potential awaits with this 15,078 sq. ft. commercial building at 409 E Adams Street in O’Neill, Nebraska. Formerly a school, this solid brick structure stands ready for a new purpose. Inside, the property features a 50’ x 84’ gymnasium floor with four basketball hoops and balcony seating, making it perfect for a sports facility, recreation center, or event venue. The building also includes six spacious classrooms and numerous smaller rooms that could be repurposed for offices, specialty spaces, or storage. Additionally, there are men's and women's restroom facilities and a 3,947 sq. ft. basement offering added space for storage or expansion opportunities.

With its size, versatility and low cost per square foot, this property presents countless possibilities for an entrepreneur or investor looking to breathe new life into the space. Whether you envision an educational facility, office hub, a vibrant community space or if you’re looking to establish a business, create a rental investment, or bring a new service to the community, this building provides a great foundation and the potential to become something truly unique. Don't miss this chance to bring your vision to life—schedule a tour today!

Property Taxes/Tax Year: $312.54/2024

Approximate Measurements:
Gymnasium Floor: 50’x84’
Classroom 1: 22’x30’
Classroom 2: 22’x25’6”
Classroom 3: 22’x27’6”
Classroom 4: 22’x30’
Classroom 5: 22’x25’6”
Classroom 6: 22’x27’6”
Womens Bathroom: 12’x10’6”
Mens Bathroom: 12’6”x10’6”
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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.