605 W US Highway 20 - Motel For Sale
Motel, Restaurant & Lounge | 13,820 SF | Priced to Sell at $210,000
Marketing description
A rare value-add opportunity in Gordon, Nebraska - a 13,820 SF hospitality property on 2.35 acres with direct Highway 20 frontage, priced at $210,000. Built in 1972, the property includes a 26-room motel, a 3,372 SF restaurant space, a 1,110 SF cocktail lounge, 2,072 SF of office space, and 1,300 SF of storage. The restaurant and lounge previously operated as a well-known local steakhouse with strong community and traveler traffic.
The property is currently vacant and ready for the right buyer - whether that's an operator looking to relaunch a full-service lodging and dining concept, or an investor with a vision for redevelopment. Gordon sits along the Bridges to Buttes Byway with limited lodging competition in the area, creating a real opening for a motivated buyer to capture demand.
Investment highlights
- Priced at $210,000 — well below replacement cost for a 13,820 SF building on 2.35 acres
- Highway 20 frontage with direct visibility and access on the Bridges to Buttes Byway
- Multiple revenue streams in one building: 26-room motel, restaurant, cocktail lounge, office, and storage
- Flexible layout supports full hospitality relaunch or conversion to alternative use
- Commercially zoned with additional land at the rear for future development
- Turnkey redevelopment opportunity in an underserved lodging market
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