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Historic Hotel with Restaurant and Bar
For Sale
$120,000

102 S MAIN AVE, Hyannis, NE 69350

Historic Hyannis hotel offering 9 guest rooms, an attached apartment, and an on-site restaurant, bar, and beer garden.

Property Size9,720 SF
Price / SF$12.35
Days on Market105

Property Features for 102 S MAIN AVE

General Information

Standard status Active
Size 9,720 SF
Property subtype Commercial

Additional Details

Business Included Yes

Amenities

Lot Size Acres: 0.08, Lot Size Square Feet: 7000
Percentage of Tax that is Deductable: 0
Sale, Sale Type: Foreclosure
Property Township: Grant County
Listing Agency: National Land Realty, Blair, NE
Listed By: Matthew Symonds · License #20260162
Source: Doyle-realty
Added: Jun 10 Changed: Sep 21 Last Checked: Sep 21 at 6:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of National Land Realty, Blair, NE

Investment Insights

Based on property information with market context.

The Hyannis Hotel is a historic hospitality property that combines a hotel with a full restaurant and bar, plus an outdoor beer garden. The building contains 9 guest rooms and an attached apartment. A third-floor area provides room for expansion, offering additional flexibility for future lodging or related uses. Recent improvements include updated kitchen equipment, bar display coolers, refrigeration, a POS system, and outdoor entertainment enhancements such as lighting, a stage, and seating. The property is offered as-is, including equipment, inventory, and licenses.

Located at 102 S Main Ave in Hyannis, Nebraska, the hotel has operated for more than 120 years. In addition to lodging, it functions as a community gathering place with both indoor and outdoor operations tied to the restaurant, bar, and beer garden.

This offering is a practical fit for an owner-operator or hospitality-focused buyer seeking a complete, working hotel concept with food and beverage on-site. The current configuration supports guest stays alongside daily restaurant and bar service, while the attached apartment and third-floor expansion potential provide additional options for reconfiguration or growth within the property’s existing footprint.

Key Highlights

  • Historic hotel built in 1898 in Hyannis, Nebraska, operating for over 120 years
  • 9,720 SF property with 9 guest rooms plus an attached apartment
  • On‑site restaurant, bar, and outdoor beer garden with events, live music, and private gatherings

Property Analytics

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Current Use

Hotels

Suggested Use

Top Pick Grocery & Convenience Store Auto Repair Shop Building Supply Big Box & Wholesale Store Veterinary Clinic Pet Store & Service

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

50
Businesses Nearby

Demographics for 69350, NE

346
Population
261
Households
1.3
Avg Household Size
43
Median Age
25%
College-Educated
92%
High-School Grad
428.7 sq mi
ZIP Area
1
Density / Sq Mi
$51,667
Median Household Income
$29,688
Median Earnings
$720
Median Rent
$112,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Hotel - Historic Hyannis hotel offering 9 guest rooms, an attached apartment, and an on-site restaurant, bar, and beer garden.
Where is this hotel located?
The property is located at 102 S MAIN AVE Hyannis, NE.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Historic hotel built in 1898 in Hyannis, Nebraska, operating for over 120 years; 9,720 SF property with 9 guest rooms plus an attached apartment; On‑site restaurant, bar, and outdoor beer garden with events, live music, and private gatherings
More about this property
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