Absolute Auction-Osgood Elementary School

ABSOLUTE AUCTION: May 1, 2025 | 1:30 pm
Auction to be held at the Best Western Plus North Platte Inn & Suites at 3201 S. Jeffers, North Platte, NE

Click here to watch the auction online.

Watching the auction online, does not require any action. There will be no online bidding. If you are planning to absentee bid, registration is optional; however, you must complete and return the Terms and Bid Certificate on or before April 30, 2025, to be approved for absentee bidding.

Attention business owners and entrepreneurs! Here is a great opportunity to repurpose a very useful building! The former Osgood Elementary School is located on State Farm Rd just west of Hwy 83. This is a highly visible building located near the busiest corridor through North Platte. This 20,801 SF building is in an ideal location for a variety of uses given its proximity to busy retail outlets like Menards and Tractor Supply as well as being adjacent to the east of Mid-Plains Community College. The I-80 interchange is just a mile away up Hwy 83.

This building was constructed in 1960 and is currently unoccupied, having been most recently used as a day care center and youth wrestling practice center. The floor plan and classrooms make it a natural fit for any business offering lessons of any kind but could also be modified to accommodate any number of imaginative uses. There are 11 classroom sized multi-purpose rooms, 5 separate smaller offices, a small commercial kitchen and the gymnasium. Two of the larger rooms, the former media room and the library, as well as a boiler room are in a lower level.

The building sits on 4.83 acres and includes a playground with play equipment on the north side along with an expanse of lawn suitable for any number of team sports. The property is currently zoned A-1 Agricultural. Given the variety of land types surrounding it, which include retail, commercial and residential, this location may have the flexibility to be re-zoned for any number of purposes. Any potential purchaser should consult with the City of North Platte Planning & Development department prior to purchasing the property as it pertains to potential zoning changes to the property. The North Platte area is currently in the beginning stages of a boom of new construction, homes and industries. This is a rare chance to buy a substantial building in an excellent location, catching the eye of the thousands of people that pass the intersection of State Farm Rd and Hwy 83 each day.

This property will be auctioned on May 1, 2025 at 1:30pm at the Best Western Plus North Platte Inn and Suites, North Platte, NE 69101. Please download the full brochure for auction terms and conditions. Bidders will be able to register at the door on the day of sale. Bidding shall be in-person only. A 20% earnest deposit is required the day of the sale. Closing shall be June 2, 2025.

The property will be open for potential purchasers to walk through the building for tours.

Open House Dates/Times
Saturday, April 12^th from 10:00am – 1:00pm
Tuesday, April 15^th from 5:00pm – 7:00pm
Monday, April 21^st from 5:00pm – 7:00pm
Wednesday, April 30^th from 5:00pm – 7:00 pm

This is a cooperative marketing effort by: Lashley Land and Recreational Brokers and Commercial Investment Services.

Legal Description: PT. OF SW1\4SW1\4 16-13-30 4.83 A.

Address: 495 W. State Farm Rd., North Platte, NE 69101
County: Lincoln