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Turnkey Restaurant & Bar
For Sale
Contact for pricing

653 Broadway, Decatur, NE 68020

Rebuilt in 2009 with radiant in-floor heating and ICF walls, plus on-site parking for about 30 cars.

Property SizeContact for details
Days on Market123

Property Features for 653 Broadway

General Information

Standard status Active
Property subtype Retail, Business for Sale
Listing Agency: Berkshire Hathaway HomeServices Ambassador Real Estate Omaha
Listed By: Eric Bystrom · License #NE 20190941
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 4:20PM

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 Berkshire Hathaway HomeServices Ambassador Real Estate Omaha

Investment Insights

Based on property information with market context.

Green Lantern is an owner-operated restaurant and bar currently in service. The property has been operated since 1953 and was recently rebuilt from the ground up in 2009. Improvements include radiant in-floor heating and solid concrete (ICF) walls built for high wind and tornado resistance. The sale also includes $50,000+ in like-new restaurant equipment, positioned as a turnkey opportunity.

The property is located at 653 N Broadway St. in Decatur, Nebraska, with frontage offering visibility along the main road. Public remarks note approximately 1,800 vehicles passing each day, capturing out-of-town boaters arriving at the local marina (Pop-N-Dock) and traffic connecting through to interstate 29. An additional lot directly to the east is included and is currently used as parking, providing approximately 30 stalls in total.

Key Highlights

  • Owner‑operated restaurant & bar (Green Lantern) operating since 1953
  • Rebuilt in 2009 with radiant in‑floor heating and ICF (solid concrete) walls
  • Restaurant comes with $50k+ in like‑new restaurant equipment that will stay with the property

Property Analytics

Current Use

Green Lantern Steak ... Restaurant Gl Lounge Bar & Pub

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop Wine and Liquor Store Hair Salon Nail Salon Spa & Massage Center

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

54
Businesses Nearby
3k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Phillips 66 Shops & Services
2,547 visits/mo 0.1 miles

Demographics for 68020, NE

624
Population
431
Households
1.4
Avg Household Size
56
Median Age
13%
College-Educated
93%
High-School Grad
77.1 sq mi
ZIP Area
8
Density / Sq Mi
$51,250
Median Household Income
$34,196
Median Earnings
$525
Median Rent
$86,400
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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Rebuilt in 2009 with radiant in-floor heating and ICF walls, plus on-site parking for about 30 cars.
Where is this conventional restaurant located?
The property is located at 653 Broadway Decatur, NE.
What are key features of this property?
This property features: Owner‑operated restaurant & bar (Green Lantern) operating since 1953; Rebuilt in 2009 with radiant in‑floor heating and ICF (solid concrete) walls; Restaurant comes with $50k+ in like‑new restaurant equipment that will stay with the property
More about this property
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