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    Restaurant Building with Drive-Through Title is generated by Realmo AI

    2504 S Locust St, Grand Island, NE 68801

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    For Sale
    $459,900

    Leased restaurant building with drive-through and rental increases.

    Lot size:
    0.27 Acres
    Added:
    Dec 30, 2025
    Days on Market:
    161
    Last Refresh:
    Jan 20 at 9:47 am

    Property Features for 2504 S Locust St

    General Information

    Standard status
    Active
    Lot size
    0.27 Acres

    We can help!

    Listing Contact
    Sheila Reed
    Sheila Reed

    Listing agent Sheila Reed License #20030173

    Listing office Berkshire Hathaway HomeServices Da-Ly Realty

    Listing date Dec 30, 2025

    Source Exprealty

    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 Berkshire Hathaway HomeServices Da-Ly Realty

    HighLights

    • Leased to established tenant (Imperial Palace restaurant) until March 2028 providing immediate income.
    • Located on popular South Locust St.
    • Features a drive‑through window.
    • Includes yearly rental increases in the lease.
    • Updated electrical and hot water heater.
    • New concrete and added awning.

    Overview

    This is a restaurant building currently leased to Imperial Palace restaurant. The property features a good-sized dining area and a drive-through window on the side of the building. Updates to the property include updated electrical, a new hot water heater, a large amount of new concrete, and an added awning in front of the building. Yearly rental increases are included in the lease. The current tenant's lease expires in March 2028. The property is located on South Locust Street.
    Property Profile Location Intelligence

    Current Use by Public Records

    Imperial Palace Express Restaurant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Grand Island
    County
    Hall
    State
    Nebraska
    Longitude
    -98.3403
    Latitude
    40.8974

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    FAQs

    What type of property is this?
    Conventional restaurant - Leased restaurant building with drive-through and rental increases.
    Where is this conventional restaurant located?
    The property is located at 2504 S Locust St Grand Island, NE.
    What is the asking price?
    The asking price for this property is $459,900.
    What are key features of this property?
    This property features: Leased to established tenant (Imperial Palace restaurant) until March 2028 providing immediate income.; Located on popular South Locust St.; Features a drive‑through window.
    (308) 384-1101
    We can help!
    Listing Contact
    Sheila Reed
    Sheila Reed
    Real Estate License ID: 20030173
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