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27523621
27523623

225 Main St, Louisville, NE 68037 For Sale

AM
NE NE 20180405
Berkshire Hathaway HomeServices Ambassador Real Estate Omaha
Listed by Berkshire Hathaway HomeServices Ambassador Real Estate Omaha
$925,000
283 days on market
Updated 4 days ago

Good Times Saloon & Circa 1884

Details
Property Type Business for Sale, Retail (+1)
Sub Type Bar, Business and Building
Square Footage 4,680
Units 1
Broker Co-Op Yes
Year Renovated 2014, 2025
Stories 2
Lot Size (SqFt) 5,280
Zoning Commercial
Ground Lease No
Ownership Fee Simple

Proven Business for Sale in Louisville with proven track of Profitability

Marketing description

Prime Investment Opportunity in the Heart of Louisville, Nebraska

Start earning income on day one with this rare opportunity to own two thriving, well-established bars located under one roof in the heart of historic downtown Louisville, Nebraska — just a short drive from Omaha and Lincoln. This turn-key commercial property blends small-town charm, community roots, and modern updates, offering a truly unique investment opportunity in a growing Cass County community.

Property Overview: This beautifully maintained, character-filled building houses two distinct and highly rated establishments — Good Times Bar and Circa 1884 — both included in the sale. Together, they total 4,680 square feet of indoor space, plus an additional 1,600 square feet of patio and deck areas for outdoor enjoyment and events.

Good Times Bar, a local favorite since 1981, has built a loyal clientele and an outstanding reputation for its welcoming, easy-going atmosphere. The bar underwent a full remodel in 2015 and continues to see steady business thanks to its established presence and community support.

Circa 1884, opened in May 2024, introduces an upscale experience featuring a stunning mix of Victorian, industrial, and speakeasy design elements. This newly constructed space serves as both a high-end bar and an event venue — with bookings already on the calendar — drawing guests from Omaha, Lincoln, and neighboring towns.

Operational Details: Both businesses come fully equipped and ready for seamless ownership transition, with furniture, fixtures, equipment, and inventory included in the asking price. The property features newer systems and equipment to ensure uninterrupted operations. A 30-day owner transition period is also included for training and operational support.

Property Highlights:

• 4,680 SF indoor + 1,600 SF deck and patio space

• 12-tap glycol-cooled beer system

Iconic Ice Bar feature

On- and off-sale liquor licenses

• Food service partnership with neighboring restaurant

Stage for live music and events

• 110” big screen and 11 additional TVs (indoor and outdoor)

Pool table, shuffleboard, and darts

Basement storage area (not included in total square footage)

Chairlift access to the second floor

Covered and uncovered outdoor areas, including a beautiful deck off Circa 1884

Recently replaced and resealed roofs

Community & Location: Located in downtown Louisville, this property benefits from excellent visibility and steady foot traffic. Louisville is home to popular destinations such as the Louisville State Recreation Area and several Cass County attractions.

Additional Upside: New ownership can further increase revenue through expanded social media marketing, hands-on involvement behind the bar, and enhanced event programming at Circa 1884.

Financials & Staffing:

Employees: 10

Inventory: Approximately $45,000 (included in asking price)

Furniture, Fixtures & Equipment: Included

Reason for Sale: Owner retiring

Flood Insurance: 225 Main Street does NOT require flood insurance to obtain financing. The current owners do not have any flood insurance in place.

Investment highlights

$925,000 Sales Price Breakdown (What's Incuded):

  • $600,000 Real Estate located at 225 Main Street. Appraisal Report available upon request.
  • $150,000 Approximate Value of all Furniture, Fixtures & Equipment in the building.
  • $45,000 Approximate Value of Inventory
  • Brand new A/C unit ($7K) and a new ice machine ($15K) recently added in Good Times.

The remaining $130,000 is for the purchase of two established and profitable businesses. Good Times Saloon has been a staple of the Louisville community for decades. Circa 1884 is a new business that is showing strong growth potential and increased profits year over year.

Listing Contacts

AM
NE NE 20180405
Berkshire Hathaway HomeServices Ambassador Real Estate Omaha
Listed by Berkshire Hathaway HomeServices Ambassador Real Estate Omaha

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Additional Information

Name
Andy Mixan
License
NE 20180405
Brokerage
Berkshire Hathaway Home Services - Ambassador Real Estate
Brokerage Phone
4024934663
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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