Gateway Realty
Listed by Gateway Realty
$350,000
Butch's in Hershey, NE
Details
APN 0079480.00
Property Type Retail
Sub Type Bar, Restaurant
Square Footage 5,618
Occupancy 100%
Tenancy Single
Lease Type Modified
Lease Term 1
Lease Expiration 06/10/2027
Remaining Term 0.9
Rent Bumps Yes
Lease Options Lease option to buy
Price per SqFt $62
Class C
Year Built 1930
Year Renovated 1950, 1980, 2022
Lot Size (SqFt) 10,500
Zoning Commercial
Parking Spaces 20 spaces
Parking per 1,000 SqFt 3.56
Investment Type Stabilized
Lease Commencement 06/10/2026
Ground Lease No
Sale Condition N/A
Retail | 5,618 SqFt
Marketing description
Bring your vision to life in the heart of Hershey! This turnkey restaurant and bar offers everything needed for immediate operation or future redevelopment. With seating for over 125 guests, a full-service bar, dance floor, and entertainment area, this property is designed for both dining and community gatherings.
Investment highlights
- 121 W 1st Street, Hershey, NE 69143
- Asking Price: $350,000
- Building Size: 5,618 SF I Lot Size:
- 10,500 SF Lot
Property Overview
- Turnkey restaurant and bar investment in downtown Hershey, Nebraska.
- The 5,618 SF building includes
- a fully equipped kitchen
- bar
- entertainment space
- dance floor/pool hall
- seating for 125+ restaurant guests.
- Investment Highlights
- $3,000/month ($36,000 annualized)
- $2,500/year (insurance + taxes); approx. $24,000/year utilities
- ~9.5%
- Parking 10-20 vehicles
- Key Features
- 4,618 SF dining/retail + 200 SF office space
- Full bar & commercial kitchen equipment included
- Downtown free-standing building, high visibility
- Flexible options: sale, lease, or owner-carry financing
Listing Contacts
Gateway Realty
Listed by Gateway Realty
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