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Sagebrush Restaurant and Event Center
For Sale
$450,000

615 E 3RD STREET, Kimball, NE 69145

COMMERCIAL/INDUSTRIAL, Kimball, NE

Property SizeContact for details
Days on Market357

Property Features for 615 E 3RD STREET

General Information

Property type Commercial Sale
Property subtype Other
Lot features Corner Lot
Subdivision KIMBALL / DIX / POTTER / BUSHNELL
Standard status Active
APN 530038234

Taxes and HOA fees

Tax Year 2024
Tax Description LOCKWOOD'S ADD. BLOCK 3 TRACT #1 ON E. SIDE OF BLOCK (CARD #20)**615 EAST 3RD STREET
Tax Annual Amount 6525
Legal Description LOCKWOOD'S ADD. BLOCK 3 TRACT #1 ON E. SIDE OF BLOCK (CARD #20)**615 EAST 3RD STREET

Utilities

Heating system Natural Gas, Forced Air
Cooling system Central Air

Building Details

Flooring type Concrete
Building materials Frame, Metal
Roof type Metal
Listing Agency: exp REALTY LLC
Listed By: DEREDE DARDEN · License #RE-16015
Added: Oct 6, 2025 Changed: Sep 15 Last Checked: Sep 27 at 2:06PM
MLS# 26750

Copyright © 2026 Western Nebraska Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The Sagebrush is a restaurant property with multiple operating components, including a full-service dining area, separate lounge, gaming space, and event venue. The layout supports weddings, reunions, meetings, and other private gatherings. The property is offered with restaurant and event-related furnishings and equipment in place, subject to verification.

Located at 615 E 3rd Street in Kimball, Nebraska, the property sits adjacent to a hotel and includes ample parking. The building incorporates frame and metal construction, concrete flooring, forced-air natural-gas heat, central air conditioning, and a metal roof. The combination of dining, entertainment, gaming, and event functions creates a versatile commercial restaurant configuration.

Key Highlights

  • Restaurant property with separate lounge, gaming area, and event venue
  • Event space suited to weddings, reunions, meetings, and private gatherings
  • Located adjacent to a hotel at 615 E 3rd Street

Property Analytics

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Current Use

The Sagebrush Restaurant

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Big Box & Wholesale Store Kitchen & Bath Showroom Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

271
Businesses Nearby
14k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 70% Dining 18% Hotels & Casinos 12%
Kwik Stop Shops & Services
6,728 visits/mo 0.4 miles
Dollar General Shops & Services
2,344 visits/mo 0.3 miles
Pizza Hut Dining
1,734 visits/mo 0.5 miles
Days Inn Kimball Hotels & Casinos
1,697 visits/mo 0.1 miles
Krispy Krunchy Chicken Dining
793 visits/mo 0.4 miles

Demographics for 69145, NE

2,841
Population
1,407
Households
2
Avg Household Size
49
Median Age
15%
College-Educated
90%
High-School Grad
411.1 sq mi
ZIP Area
7
Density / Sq Mi
$60,795
Median Household Income
$34,647
Median Earnings
$832
Median Rent
$111,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Includes a separate lounge, gaming area, and venue for private gatherings.
Where is this conventional restaurant located?
The property is located at 615 E 3RD STREET Kimball, NE.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Restaurant property with separate lounge, gaming area, and event venue; Event space suited to weddings, reunions, meetings, and private gatherings; Located adjacent to a hotel at 615 E 3rd Street
More about this property
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