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.