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    1419 W 3rd St Alliance, NE 693013127

    Sponsored
    For Sale
    $1,200,000

    40-Room Hotel, Prime Alliance Location

    Property size:
    7,023 SF

    Description

    Added:
    Jan 15, 2025
    Days on Market:
    356
    This exceptional investment opportunity presents a 40-room independent hotel ideally situated at 1419 W 3rd St, Alliance, Nebraska. Boasting 7,023 square feet on a 0.92-acre lot, this property offers significant potential. The hotel's convenient location, just off Highway 385, ensures high visibility and accessibility. Each of the 40 rooms includes a private bathroom with shower, complimentary toiletries, and a hairdryer. Guest amenities include air conditioning, desks, free Wi-Fi, and free parking. A 24-hour front desk provides added convenience. Further enhancing guest services are on-site copy, print, and fax machines. The hotel's proximity to casual dining establishments adds to its appeal. This pet-friendly establishment is approved by Wyndham for a Super 8 franchise, offering up to $2,400 in key money. This presents a unique chance to acquire a well-established hotel in a thriving Nebraska community. The property is priced at $1,200,000. This is a rare opportunity to acquire a profitable, established hotel in a desirable location. Serious inquiries only.

    Property Features for 1419 W 3rd St

    General Information

    Property type
    Hotels
    Square Feet
    7,023 SF
    Price / Square Foot
    $170
    Elevators
    N/A
    Lot Size
    40,075 SF

    Building Details

    Year Built
    1981
    Buildings
    1
    Stories
    2
    Units
    40

    HighLights

    • Prime 40‑room hotel in Alliance, NE, offering a strong investment opportunity.
    • Conveniently located off Highway 385, with free Wi‑Fi and parking.
    • Features include a 24‑hour front desk, pet‑friendly rooms, and copy/fax services.
    Location Intelligence

    Current Use by Public Records

    Hotels

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Alliance
    State
    Nebraska
    Longitude
    -102.892289
    Latitude
    42.096303

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    FAQs

    What type of property is this?
    Hotel - 40-Room Hotel, Prime Alliance Location
    Where is this hotel located?
    The property is located at 1419 W 3rd St Alliance, NE.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: Prime 40-room hotel in Alliance, NE, offering a strong investment opportunity.; Conveniently located off Highway 385, with free Wi-Fi and parking.; Features include a 24-hour front desk, pet-friendly rooms, and copy/fax services.
    (661) 332-4624
    Request Owner's contact information
    1419 W 3rd St Alliance, NE 693013127
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    Alliance, NE 693013127
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

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    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

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    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1419 W 3rd St Alliance, NE 693013127
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