2303 Osborne Dr West

Retail-Commercial for Sale
Catylist Listing ID: 30366843
Property Subtypes: Restaurant
Building Size (RSF): 4,748 SF
Gross Land Area: 1.44 Acres
Sale Price: $1,700,000
Unit Price: $358.05 PSF
Ceiling: 10 ft.
Property Use Type: Vacant/Owner-User
Building Name: 2303 Osborne Dr West (Former Applebee's)
Usable Size (USF): 4,748 SF
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 5/20/2019

Overview / Comments

This 4,748 SF building situated on 1.44 acres is a former Applebees in Hastings, NE. HUGE parking lot, situated by medical offices, and hospitality facilities.

The building has a full-size commercial kitchen. The hoods (~23ft), fire suppression system and the walk in coolers and a freezer are all in the kitchen. There is a ~26ft U shaped bar top, a managers office, and a storage room. There are no remaining booths or tables.

Additional Details

Nearest MSA: Hastings
County: Adams
Taxing Authority: Adams County, NE
Tax ID/APN: 010017566
Zoning: 03-COMMERCIAL
Retail Clientele: General, Family, Business
Property Located Between: Osborne Drive West & North Kansas Ave
Property Visibility: Excellent
Largest Nearby Street: HWY 34
Feet of Frontage: 252
Traffic/Vehicle Count: 10,975
Highway Access: HWY 34- 1 Minute away HWY 6- 8 Minutes away
Airports: Hastings Municipal Airport- 7 minutes
Site Description: Flat lot, fully finished parking lot, all lighted..
Area Description: On the corner of Osborne Drive West and N Kansas Ave. The streets are just off of the very busy Tom Osborne Expressway and N Burlington Ave in Hastings, NE.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,748 SF
Property Condition: Good
Year Built: 2013
Construction/Siding: Brick
Total Parking Spaces: 107
Parking Ratio: 221 (per 1000 SF)
Parking Type: Surface
Parking Description: 107 Parking spaces surrounding the building on a concrete surface.
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Interior Description: Interior is in great condition, the booths and tables are no longer included but there is a full-size commercial kitchen, full hood-vent with fire suppression system, walk-in coolers, a storage room, managers office, and full bar and dining area.
Zoning Description: 03-Commercial
Lot Frontage: 262
Lot Depth: 261
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress, Utilities
Easements Description: Ingress/Egress shared entry drives
Land Ownership: Rick Reilly Trust
Legal Description: 1395.60-LOT 3 BLOCK 1 ALLEN SECOND SUBDIVISION (2100) 1.00 AC

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,981 21,006 26,124
Median Age: 36.75 38.52 37.66
Households: 805 8,659 10,489
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