Colony Bar & Grill/Spirit Shoppe/Motel

Hospitality for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30767308
Property Subtypes: Motel
Number of Units: 16 Units
Building Size (RSF): 11,319 SF
Gross Building Area: See Agent
Sale Price: $659,900
Unit Price: $41,243.75 Per Unit
Has Drive-Thru? Yes
Property Use Type: Business
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 10/14/2021

Overview / Comments

Motel is located in separate 4608 sq ft building within feet of Bar and Grill, offering 16 individual units with outside access. The other building houses Bar & Grill, Liquor Store, and previously Subway (now storage) located in 6771 sq ft building. This property is located in rural community with access to Sherman Lake and Bowman Lake Recreational area. Bar and Grill operates nightly 7 days a week. Spirit Shoppe is attached to bar and grill, has good accessibility for steady traffic.

Additional Details

Nearest MSA: Kearney
County: Sherman
Tax ID/APN: 200145500
Property Visibility: Excellent
Highway Access: yes, right off HWY 92
Total Number of Buildings: 2
Total Parking Spaces: 50
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Parcel #200146500 NE 1/4 SW 1/4 18-15-14 UNPL TR 3 (TIF LCRP-3) L.C.C. Sherman County Nebraska

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 886 886 886
Median Age: 46.19 46.19 46.19
Households: 417 417 417


Photograph of Listing Agent

Ann Obermiller

RAI of Nebraska MRCIE Member
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