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    Established Tavern in Davey, Nebraska Title is generated by Realmo AI

    17740 N 2nd St, Davey, NE

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    A long-standing tavern with a separate private room.

    Type:RETAIL
    Property size:
    2,450 SF
    Lot size:
    0.17 Acres
    Price / SF:
    $81/SF
    Added:
    Apr 7, 2025
    Days on Market:
    434
    Last Refresh:
    May 20 at 8:44 pm

    Property Features for 17740 N 2nd St

    General Information

    Standard status
    Active
    Size
    2,450 SF
    Lot size
    0.17 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Laura M Bell
    Laura M Bell

    Listing agent Laura M Bell License #0871042

    Listing office Commercial Realty Group, LLC

    Listing date Apr 7, 2025

    Source Moodyscre

    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

    HighLights

    • Established business with a long‑standing history since 1939.
    • Approximately 2,450 SF of space suitable for a tavern.
    • Includes two walk‑in coolers (approx. 10'x10' and 9'x6').
    • Offers a separate private room for events or VIPs.
    • Operates six days a week (Tuesday through Sunday).
    • Serves a variety of food and beverages, including pizza, appetizers, alcoholic and non‑alcoholic drinks.

    Overview

    Established in 1939, this tavern is open Tuesday through Sunday. The property encompasses approximately 2,450 square feet, with around 390 square feet designated for storage. It features a separate private room and two restrooms. The bar offers a menu of pizza, appetizers, and both alcoholic and non-alcoholic beverages. The property includes two walk-in coolers, measuring approximately 10'x10' and 9'x6'.

    Local 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
    Retail
    $191.5K
    $167.6K – $223.5K (±1% cap)
    NOI $13,407 @ 7.0% cap · market cap 6.70%
    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 local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Davey Tavern Bar & Pub

    Suggested Use

    Hotel & Motel Bar & Pub Barber Shop Auto Repair Shop

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

    Similar Places Nearby

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

    Location Insight

    • Map
    • Local Demand
    City
    Davey
    County
    Lancaster
    State
    Nebraska
    Longitude
    -96.6689
    Latitude
    40.9843

    FAQs

    What type of property is this?
    Bar & Pub - A long-standing tavern with a separate private room.
    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 business with a long‑standing history since 1939.; Approximately 2,450 SF of space suitable for a tavern.; Includes two walk‑in coolers (approx. 10'x10' and 9'x6').
    (402) 432-9914 Call to check price and availability
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