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Downtown Restaurant Building
For Sale
$155,000

1516 10th Street, Gering, NE 69341

Restaurant building with included tables, chairs, kitchen equipment, and walk-in refrigerator and freezer.

Days on Market60

Property Features for 1516 10th Street

General Information

Standard status Active

Additional Details

Furnished Yes
Business Included Yes
Listing Agency: CHAMPION REALTY LLC
Listed By: Sandy Macke
Source: Exprealty
Added: Jun 1 Changed: Jul 28 Last Checked: Jul 29 at 12:35PM

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 CHAMPION REALTY LLC

Investment Insights

Based on property information with market context.

This restaurant property includes the building and operating fixtures, such as tables, chairs, dishes, kitchen equipment, and buffet serving and warming stations. It also features a walk-in refrigerator and walk-in freezer, and the current inventory will remain with the sale.

The current table setting accommodates 63 people, with the dining layout described as re-arrangeable for additional seating. Parking is available by the back of the building, along with street parking at the front.

Included with the property are the listed equipment and inventory, and the presentation includes a functioning buffet setup alongside the existing dining configuration.

Key Highlights

  • Restaurant building in downtown Gering with included tables, chairs, and kitchen equipment
  • Includes walk‑in refrigerator and walk‑in freezer
  • Also included: dishes, buffet serving/warming stations, and other restaurant fixtures

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Bakery Grocery & Convenience Store HVAC Service (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.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

392
Businesses Nearby
29k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 76% Shops & Services 24%
McDonald's Dining
10,328 visits/mo 0.5 miles
Runza Dining
9,602 visits/mo 0.3 miles
Dollar General Shops & Services
7,032 visits/mo 0.4 miles
SUBWAY Dining
2,096 visits/mo 0.3 miles

Demographics for 69341, NE

11,091
Population
4,648
Households
2.4
Avg Household Size
40
Median Age
27%
College-Educated
91%
High-School Grad
206.9 sq mi
ZIP Area
54
Density / Sq Mi
$70,142
Median Household Income
$40,497
Median Earnings
$815
Median Rent
$169,600
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 - Restaurant building with included tables, chairs, kitchen equipment, and walk-in refrigerator and freezer.
Where is this conventional restaurant located?
The property is located at 1516 10th Street Gering, NE.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: Restaurant building in downtown Gering with included tables, chairs, and kitchen equipment; Includes walk‑in refrigerator and walk‑in freezer; Also included: dishes, buffet serving/warming stations, and other restaurant fixtures
More about this property
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