Listing Agency: HAUN NELSON REAL ESTATE LLC h***@haunnelson.com Show Phone

Listed By: HOLLI NELSON Show Phone

Source: Exprealty

Added: Jun 1 Changed: Aug 30 Last Checked: Aug 30 at 8:50PM

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Investment Insights

Based on property information with market context.

This grocery store business is offered with inventory and a range of recently installed operating improvements. The equipment package includes new display cases and coolers, while updated flooring, shelving, fixtures, furniture, and other equipment contribute to the store’s current configuration.

The business operates at 1420 Center Avenue in downtown Mitchell, Nebraska. The premises are leased rather than included in the business sale. A Spartan Nash contract is in place and would need to be continued by the new owner. The current owner is also willing to provide consulting during the transition. The building owner may consider a separate sale of the property.

Key Highlights

• Grocery store business and inventory offered for sale
• New display cases and coolers installed
• Updated flooring and shelving

Property Analytics

Property Profile

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Building Supply (Bike/Boat/Book/etc) Store Auto Parts Store Grocery & Convenience Store Big Box & Wholesale Store Garden 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.

Lease Details

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

162

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 69357, NE

3,465

Population

1,615

Households

2.1

Avg Household Size

45

Median Age

25%

College-Educated

88%

High-School Grad

366.7 sq mi

ZIP Area

9

Density / Sq Mi

$69,958

Median Household Income

$43,391

Median Earnings

$1,055

Median Rent

$179,200

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?

Grocery and convenience store - Updated refrigeration, flooring, shelving, fixtures, furniture, and equipment support the existing grocery operation.

Where is this grocery and convenience store located?

The property is located at 1420 Center Avenue Mitchell, NE.

What is the asking price?

The asking price for this property is $450,000.

What are key features of this property?

This property features: Grocery store business and inventory offered for sale; New display cases and coolers installed; Updated flooring and shelving