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Renovated Bar with Apartments
For Sale
$199,900

207 Grand Ave, Ravenna, NE 68869

Includes a ground-floor restaurant/bar and two renovated apartments above.

Property SizeContact for details
Days on Market20

Property Features for 207 Grand Ave

General Information

Standard status Active

Additional Details

Business Included Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,353

Building Details

Buildings 1
Listing Agency: RAI of Nebraska
Listed By: Ann Obermiller
Source: Exprealty
Added: Aug 5 Changed: Aug 24 Last Checked: Aug 23 at 7:57AM

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 RAI of Nebraska

Investment Insights

Based on property information with market context.

Located at 207 Grand Ave in Ravenna, Nebraska, this property includes an established restaurant and bar business in a renovated building. The commercial space operates five nights per week and includes skills machines along with recurring trivia nights.

Two apartments occupy the second floor and have also been newly renovated, providing additional residential space above the business. The property combines the restaurant/bar operation with an established two-level configuration in a central Nebraska town.

Key Highlights

  • Renovated building in Ravenna, Nebraska
  • Established restaurant and bar business
  • Two newly renovated apartments on the second floor

Property Analytics

Current Use

R Bar and Grill Bar & Pub

Suggested Use

Top Pick Real Estate Agency Building Supply Hair Salon Dental Office Electrical Service Pharmacy

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

2
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

159
Businesses Nearby
5k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 75% Home Improvements & Furnishings 25%
Cenex Shops & Services
3,485 visits/mo 0.1 miles
Wilke's True Value Home Improvements & Furnishings
1,333 visits/mo 0.1 miles
Napa Auto Parts Shops & Services
600 visits/mo 0.1 miles

Demographics for 68869, NE

2,216
Population
1,102
Households
2
Avg Household Size
44
Median Age
16%
College-Educated
92%
High-School Grad
211.4 sq mi
ZIP Area
10
Density / Sq Mi
$64,893
Median Household Income
$38,581
Median Earnings
$882
Median Rent
$156,700
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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Similar Off Market Nearby

  • R Bar and Grill 207 Grand Ave, Ravenna, NE 68869

Frequently Asked Questions

What type of property is this?
Bar & Pub - Includes a ground-floor restaurant/bar and two renovated apartments above.
Where is this bar & pub located?
The property is located at 207 Grand Ave Ravenna, NE.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Renovated building in Ravenna, Nebraska; Established restaurant and bar business; Two newly renovated apartments on the second floor
More about this property
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