620 Court St, Beatrice, NE

Retail-Commercial for Sale
Catylist Listing ID: 30713275
Property Subtypes: Mixed Use, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 21,000 SF
Gross Land Area: 7,000 SF
Sale Price: $450,000
Unit Price: $21.43 PSF
Ceiling: 14 ft.
Property Use Type: Business
Usable Size (USF): 21,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/9/2021

Overview / Comments

Fully remodeled on the main floor with new windows, wood floors and brick walls. This event center includes a large kitchen area designed for high volume food preparation. The facility is currently active with events, weddings, parties and full scale catering activities both on and off site. The upper level is an open setting that has not been updated but offers additional area for large groups. The basement walls and floors have been painted, is in excellent condition and great for storage. The electrical system and HVAC units are new. The roof has recently been recoated. This is a corner lot building with great street exposure. A turn key operation ready to meet the future. Contact us for details today.

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $4,746 (Annual)

Additional Details

Nearest MSA: Beatrice
County: Gage
Tax ID/APN: 009695000
Zoning: COMMERCIAL
Retail Clientele: General, Family, Business
Property Located Between: Court St & 7th St
Property Visibility: Excellent
Largest Nearby Street: Hwy 136
Feet of Frontage: 190
Highway Access: Hwy 136 and Hwy 77
Airports: Beatrice, Lincoln
Site Description: Level area with 2-way traffic east and west, and 3 lane one way going north. Some parking to the north side can be worked out with the current lot owner.
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 7,000 SF
Property Condition: Excellent
Year Built: 1900
Year Renovated: 2018
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: All brick exterior, 2 story, has Canopy on corner
Total Parking Spaces: 10
Parking Type: Surface
Parking Description: street parking. 2 other flat lots can be used with permission of that owner.
Freight Elevators: 1
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Internet Access: Cable, Fiber Optic
Interior Description: brick interior walls, original hardwood flooring, open ceiling main floor, drywalled ceiling 2nd floor.
Lot Frontage: 50
Lot Depth: 140
Water Service: Municipal
Sewer Type: Municipal
Legal Description: LOT 12 BLK 50 BEATRICE ORIGINAL GAGE COUNTY

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,624 13,294 13,294
Median Age: 39.19 43.11 43.11
Households: 2,525 5,783 5,783
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