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    101-107 N Main St Hooper, NE 68031

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    For Sale
    $400,000

    16,700 Sq. Ft. building with commercial and residential potential.

    Lot size:
    0.14 Acres

    Property Features for 101-107 N Main St

    General Information

    Lot size
    0.14 Acres

    Source: Nebraska Realty Agent Caleb Villwok

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multi-Use Building in Downtown Hooper

    Located in downtown Hooper, Nebraska, this 16,700 sq. ft. multi-use building offers potential with four commercial units on the main floor and over 8,000 sq. ft. upstairs ready for apartments. Currently, the main level houses Iron Horse Food & Spirits, with a pool hall/second bar operating at 107 N Main, and the north side of 101 N Main serving as the primary bar, kitchen, and dining area. The two storefronts at 101 N Main are currently vacant but have previously housed a law office, beauty salon, and even an apartment, offering options for future use. The upper level is functioning as two large apartments, but with three entrances and over 8,000 sq. ft., it could be transformed into nine or more units, creating an income opportunity.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Hair Salon Auto Repair Shop Nail Salon Gym & Fitness Auto Parts Store Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Hooper
    County
    Dodge
    State
    Nebraska
    Longitude
    -96.547844
    Latitude
    41.610883

    Nearby Similar for Sale

    • New
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    • $399,000

      Historic Multi-Family Investment Opportunity

      Iconic Iron Horse building with income potential in downtown Hooper.
      101 N Main St, Hooper, NE 68031
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    FAQs

    What type of property is this?
    Retail space - 16,700 Sq. Ft. building with commercial and residential potential.
    Where is this retail space located?
    The property is located at 101-107 N Main St Hooper, NE.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: - 16,700 Sq. Ft. Multi-Use Building in Downtown Hooper, Nebraska.; - Potential for significant income generation by converting the 8,000+ sq. ft. upper level into 9+ apartments.; - Four commercial units on the main floor, offering diverse income streams.
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    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.

    Comparable approach

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

    Relative

    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
    101-107 N Main St Hooper, NE 68031
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