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    Grand Island, NE Conventional Restaurants for Sale

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    Phillips, NE Alda, NE Chapman, NE
    Restaurant Building with Drive-Through
    $459,900
    0.27 Acres
    Restaurant Building with Drive-Through

    2504 S Locust St, Grand Island, NE 68801

    Leased restaurant building with drive-through and rental increases.
    • Leased to established tenant (Imperial Palace restaurant) until March 2028 providing immediate income.
    • Located on popular South Locust St.
    • Features a drive‑through window.
    • Includes yearly rental increases in the lease.
    • Updated electrical and hot water heater.
    Updated: Dec 30, 2025
    View details
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Grand Island, NE, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Bellevue Retail Building with Drive-Thru
    $675,000
    4,300 SF
    Bellevue Retail Building with Drive-Thru

    4,300 SF retail building with drive-thru in Bellevue, NE.

    2214 Lindyview Rd, Bellevue, NE 68005

    View details
    Bellevue Freestanding Retail Building For Sale
    $75,000
    4,506 SF
    Bellevue Freestanding Retail Building For Sale

    Vacant freestanding retail building in Bellevue, Nebraska available for sale.

    3809 Twin Creek Dr, Bellevue, NE 68123

    View details
    Commercial Building in O'Neill, NE
    $50,000
    2,394 SF
    Commercial Building in O'Neill, NE

    Commercial building with high visibility and great parking.

    Oneill, NE 68763

    View details
    Remodeled Commercial Property with Industrial Charm
    $220,000
    1,880 SF
    Remodeled Commercial Property with Industrial Charm

    Unique 1,880 sq. ft. commercial space in O'Neill, Nebraska.

    Oneill, NE 68763

    View details

    Grand Island, NE Conventional Restaurants Investment Opportunities Market Analysis

    Explore 1 conventional restaurants for sale in Grand Island, NE on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $459,900.

    Sale prices for conventional restaurants in Grand Island, NE start at $459,900, averaging $459,900, and reaching up to $459,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Drive through restaurants 2
    Coffee shops 1
    Conventional restaurants 1

    Demographics Overview

    Population 56K
    Population Growth (5Y) +2.1%
    Median Household Income $66,341
    College Educated 19.6%

    High-Yield Neighborhoods for Investment

    Identify Grand Island submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    68801 $459.9K

    Taxes & Financing

    Tax Rate (average for all types) 1.77%
    Property Tax per SF $29.51 per SF
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Hall County

    New Delisted

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