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Boutique Hotel with Onsite Bar
For Sale
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111 North Lincoln Avenue, Hastings, NE 68901

Five loft-style guest rooms with private bathrooms, elevator access, and an onsite bar and lounge for daily convenience.

Property SizeContact for details
Days on Market64

Property Features for 111 North Lincoln Avenue

General Information

Standard status Active
Property subtype Multifamily, Hospitality, Business for Sale
Listing Agency: Murphy Business & Financial Services
Listed By: Trent Fuller · License #NE
Source: Crexi
Added: Jun 4 Changed: Jul 10 Last Checked: Aug 6 at 8:13AM

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 Murphy Business & Financial Services

Investment Insights

Based on property information with market context.

Skylofts Downtown is a boutique hospitality property built around five themed, loft-style rooms designed to deliver a more immersive stay than a traditional hotel. Each room includes a private bathroom, high ceilings, air conditioning, self-controlled heating and cooling, a mini-refrigerator, a large desk, flat-panel television, and non-smoking accommodations. Guest conveniences include free Wi-Fi and housekeeping, and select rooms offer private outdoor space.

The property is located in downtown Hastings, Nebraska, with walkable access to local shops, restaurants, bars, coffee shops, and community attractions. Building accessibility features include handicap accessibility throughout and an operable elevator, supporting easier movement between levels.

In addition to lodging, Skylofts includes an onsite bar and lounge area, along with public outdoor patio areas and select private outdoor space for socializing and seasonal enjoyment. A key component of the setup is its connection to Murphy’s Wagon Wheel, a long-standing family-owned Hastings restaurant located below the Skylofts rooms, providing guests a nearby dining option.

With its existing lodging rooms, food and beverage infrastructure, and accessibility improvements, the property may be well-suited for an owner-operator continuing the boutique lodging and hospitality concept. The combination of handicap access and flexible building design also supports consideration of alternative specialty residential or hospitality-related uses, subject to applicable zoning, licensing, and regulatory approvals.

Key Highlights

  • Five themed loft‑style guest rooms in downtown Hastings, Nebraska
  • Each room offers a private bathroom, high ceilings, air conditioning, self‑controlled heating/cooling, mini‑refrigerator, and flat‑panel TV
  • Operable elevator and handicap accessibility throughout the building

Property Analytics

Current Use

Sky Bar and Lofts Bar & Pub

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Dental Office Carpet & Flooring Store Cafe & Coffee Shop (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

810
Businesses Nearby
13k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 59% Dining 41%
Dunkin' Donuts Dining
5,577 visits/mo 0.2 miles
Cenex Shops & Services
3,751 visits/mo 0.5 miles
First Interstate Bank Shops & Services
2,352 visits/mo 0.3 miles
Pinnacle Bank Shops & Services
1,783 visits/mo 0.4 miles

Demographics for 68901, NE

26,269
Population
11,809
Households
2.2
Avg Household Size
37
Median Age
29%
College-Educated
91%
High-School Grad
150.2 sq mi
ZIP Area
175
Density / Sq Mi
$63,547
Median Household Income
$36,202
Median Earnings
$858
Median Rent
$181,800
Median Home Value

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 - Five loft-style guest rooms with private bathrooms, elevator access, and an onsite bar and lounge for daily convenience.
Where is this hotel located?
The property is located at 111 North Lincoln Avenue Hastings, 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: Five themed loft‑style guest rooms in downtown Hastings, Nebraska; Each room offers a private bathroom, high ceilings, air conditioning, self‑controlled heating/cooling, mini‑refrigerator, and flat‑panel TV; Operable elevator and handicap accessibility throughout the building
More about this property
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