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Restaurant and Tavern Building
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17740 N 2nd St, Davey, NE 68336

Tavern and restaurant with a separate private room, two restrooms, and two walk-in coolers.

Property Size2,450 SF
Price / SF$81.63
Days on Market482

Property Features for 17740 N 2nd St

General Information

Standard status Active
Size 2,450 SF
Property subtype RETAIL

Additional Details

Business Included Yes

Amenities

separate private room
two restrooms
walk-in coolers
Listing Agency: Commercial Realty Group, LLC
Listed By: Laura M Bell · License #0871042
Source: Moodyscre
Added: Apr 7, 2025 Changed: Jul 30 Last Checked: Jul 31 at 9:10AM

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 Commercial Realty Group, LLC

Investment Insights

Based on property information with market context.

This established restaurant and tavern building has approximately 2,450 SF of space, with about 390 SF allocated to storage. The layout includes a separate private room, two restrooms, and a bar that serves pizza, appetizers, alcoholic drinks, and non-alcoholic drinks. Back of house includes two walk-in coolers sized approximately 10' x 10' and 9' x 6'.

The operation is open Tuesday through Sunday and is noted as an established business since 1939.

For buyers looking for a turn-key food and beverage concept with defined dining and private space, the combination of bar service, private room, restrooms, and the two walk-in coolers supports day-to-day food preparation and service.

Key Highlights

  • Established in 1939
  • Open Tuesday through Sunday
  • Approximately 2,450 SF total with about 390 SF storage

Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $20.0k $8.16
− Vacancy −$840 −$0.34
EGI $19.2k $7.82
− OpEx −$4.8k −$1.95
NOI $14.4k $5.86
2,450 SF · lease $8.16/SF/yr · vacancy 4.20% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$205.2K
$179.6K – $239.4K (±1% cap)
NOI $14,364 @ 7.0% cap · market cap 7.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$600.6K
$525.6K – $700.7K (±1% cap)
NOI $42,044 @ 7.0% cap · market cap 21.02%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Davey Tavern Bar & Pub

Suggested Use

Top Pick Barber Shop Auto Repair Shop Hotel & Motel Bar & Pub

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

17
Businesses Nearby
Well-served
Demand for This Use

Demographics for 68336, NE

504
Population
253
Households
2
Avg Household Size
50
Median Age
33%
College-Educated
100%
High-School Grad
16.7 sq mi
ZIP Area
30
Density / Sq Mi
$89,375
Median Household Income
$46,845
Median Earnings
$350,000
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
Questions? Ask Rey
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Similar Off Market Nearby

  • Davey Tavern — 17740 N 2nd St, Davey, NE 68336

Frequently Asked Questions

What type of property is this?
Bar & Pub - Tavern and restaurant with a separate private room, two restrooms, and two walk-in coolers.
Where is this bar & pub located?
The property is located at 17740 N 2nd St Davey, NE.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Established in 1939; Open Tuesday through Sunday; Approximately 2,450 SF total with about 390 SF storage
(402) 432-9914 Call to check price and availability
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