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1429 M St
Ord, NE 68862

$1,100,000 USD

Drugstore For Sale  •  7,150 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 7,150 SF
  • Lot Size 0.17 AC
  • Building Class C
  • Year Built 1912
  • Tenancy Single
  • Zoning 03-COMMERC
0 Transit Score
63 Walk Score

Description

Turnkey independent pharmacy with retail space and real estate included. Established in 1971, Anderson Pharmacy offers a trusted local brand, strong customer base, and prime downtown location with drive-thru access. Building improvements, equipment, and included assets make this a ready-to-operate opportunity.
Land
The property sits on a 7,605 sq. ft. lot in Valley County with 65’ frontage and 117’ depth. Conveniently located just off the town square, it features excellent visibility with a front road sign, ADA accessibility, and customer parking (8+ spots). The parcel is zoned Commercial, with assessed property taxes of approximately $2,443 annually.

Improvements
The main building is a 7,150 sq. ft., constructed in 1912 with 12’ ceilings (9’ 9” to drop) and upgraded mechanicals, including two furnaces (nat. gas) and two central A/C units replaced in 2007, air cleaners installed in 2019, plus roof replaced in 2024. Layout highlights a 9’ x 10’ entryway, a retail sales floor  (4740 sq ft) currently featuring cards, home goods including several Nebraska artisans, baby/kid gift items and books, OTC’s, pharmacy section, and drive-thru window. Equipment included in the sale ranges from POS systems, dispensing robot (ScriptPro CRS-150), refrigerator, freezer, vault, photo kiosks (2020 & 2021), computers, and pharmacy software.

The owners purchased the pharmacy in 1998. The retail store operated as a Hallmark Gold Crown store for over 20 years. Around 2022, the owners decided to let that contract go, allowing them to open up their retail space to feature more local Nebraska artisans and their goods. It also allowed to bring in a great selection of baby/kid items that is not found anywhere else in town.

Recreation
Coined “The Great Lakes Region of Central Nebraska”. Here you can access five incredible lakes and reservoirs, all within 45 minutes of Ord as well as four major rivers that are perfect for kayaking, tubing and tanking adventures. Don’t have the equipment? Contact Davis Creek Camper & Recreation Rental or River Bro Kayaking and they’ll hook you up.

General Operations
Owners are ready to retire! Anderson Pharmacy operates Monday–Friday, 8:30 AM–5:30 PM, plus Saturday mornings. The business is supported by long-term staff (5 FT, 4 PT) and utilizes Cardinal Health as the primary wholesaler and AlignRx as PSAO. Services include prescription dispensing, OTC, photo printing, and retail goods. The pharmacy maintains a strong market reputation with 4.5-star Google reviews, reliable cash flow, a 7.1% cap rate (including the owner’s salary into the NOI) and growth potential through expanded retail or health service offerings and capitalizing on drive-thru space.

FF & E will convey (except for a few antiques and one computer identified by owner). Financials available upon request. All information is from 3rd parties or Sellers and is deemed reliable but is not guaranteed and may be subject to errors and omissions, all buyers and buyers’ agents must independently verify all information to their satisfaction. Inventory will be counted at closing and is separate from the asking price.

Highlights

Prime downtown location with drive-thru access and signage
Trusted pharmacy brand with loyal customer base since 1971
Retail space features Nebraska artisan goods and baby items
Zoned Commercial with ADA access and 8+ customer parking spots

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: Surface
Included in Rent: Yes
Mattison Ference 402-879-8846 Hayden Outdoors Real Estate
Mattison Ference 402-879-8846 Hayden Outdoors Real Estate