Legends of Clatonia

Retail-Commercial for Sale
Catylist Listing ID: 30352221
Property Subtypes: Restaurant
Building Size (RSF): 6,000 SF
Gross Building Area: 7,700 SF
Gross Land Area: 21,000 SF
Sale Price: $425,000
Unit Price: $70.83 PSF
Property Use Type: Business
Building Name: Legends of Clatonia
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/6/2019

Overview / Comments

Fantastic restaurant that is a destination for people from 50+ miles around. This is a class facility with 3 separate themed dining rooms and a cocktail lounge. In addition there is a new banquet hall design specifically for meetings and large parties. The entrance to the lounge area features a patio with tables and chairs for drinks or outside dining. A stroll past the patio leads you to replica store fronts from Clatonia’s original businesses. There is also a playground with large animal slides for the little ones to play. This is a high volume restaurant featuring Steaks, Red Rooster Chicken, 20 item choice salad bar and a full menu of many other favorite dishes. Legends of Clatonia is popular during the week and often times standing room only on the weekends. It is a hot spot for special group gatherings throughout the year. Located only 35 miles from Lincoln it is a destination point for fine dining in a small town atmosphere. Financials available to pre-qualified purchasers.

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $1,888 (Annual)
Tax Value Land $6,300

Additional Details

Nearest MSA: Beatrice
County: Gage
Tax ID/APN: 00705000, 007053000,007054000
Zoning: COMMERICAL
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Visibility: Excellent
Largest Nearby Street: Highway 41
Feet of Frontage: 150
Traffic/Vehicle Count: 1,860
Highway Access: Located on Hwy 41. 6 miles from US Hwy 77
Airports: Beatrice, Lincoln
Site Description: Level
Area Description: Small village, located on Hwy 41. Clientele comes from all over.
Total Number of Buildings: 3
Number of Stories: 1
Property Condition: Excellent
Year Built: 2014
Year Renovated: 2017
Roof Type: Gable
Construction/Siding: Vinyl Siding
Exterior Description: All vinyl siding and composite shingles on roof. The patio is stamped concrete with landscaped areas. West of the party room is an outdoor deck for seating which overlooks the gravel picnic area that features store fronts of old Clatonia, picnic tables and a band stand for outdoor activities. A small playground area was added for kids. Entrances to the building includes ramps, steps and a ground level entry point. A small building next to the patio is currently being leased to a travel office.
Total Parking Spaces: 30
Parking Type: Other
Parking Description: street parking
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Other
Interior Description: Three beautifully designed separate dining rooms each with their own theme seat around 50 in each room. The bar/lounge area seats 40, the banquet room seats 60+. Three fireplaces (2 are 2-sided) add to the interior decor. A large salad bar area is located for easy access from each dining room. The large commercial kitchen features 2 walk-in coolers, 1 walk-in freezer, prep areas, a Masterbuilt smoker, large ice machine and all of the supplies, utensils pots, pans, etc needed for a restaurant of this caliber. Other coolers are located in the bar and salad bar areas. New POS computer system was recently installed. Security cameras, separate manager's office. This restaurant was expertly designed to maximize efficiency.
Zoning Description: Commercial
Lot Frontage: 150
Lot Depth: 140
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: included
Legal Description: Lots 6-7, 8-10 & 11, Block 3 Clatonia Original, Gage County

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