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Restaurant with Lounge
For Sale
Contact for pricing
Pending

502 US-20, Valentine, NE 69201

Established dining and beverage operation with game-day televisions and dedicated rear storage.

Property SizeContact for details
Days on Market142

Property Features for 502 US-20

General Information

Standard status Pending
Property subtype Retail

Additional Details

Business Included Yes

Building Details

Buildings 2
Listing Agency: Weber & Co Real Estate.
Listed By: Missy Weber · License #20000043
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 8:32PM

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 Weber & Co Real Estate.

Investment Insights

Based on property information with market context.

This conventional restaurant property combines a full dining operation with the EKV Lounge, offering both meal service and a separate setting for drinks. The business area encompasses almost 11,000 square feet, with several big-screen televisions supporting game-day viewing. A 20 x 39 foot storage building is positioned behind the main facility.

The property is located at 502 US-20 in Valentine, Nebraska, within Cherry County. The restaurant is currently operating and is expected to remain open until a new proprietor assumes operations. The business has received awards for Best Steak in Nebraska and Nebraska’s Best Burger, and its menu is associated with Nebraska Beef.

Key Highlights

  • Almost 11,000 square feet of business area
  • 20 x 39 foot rear storage building
  • Includes the EKV Lounge

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Repair Shop Fish Market Food Market Veterinary Clinic Pet Store & Service

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

6
Businesses Nearby
Well-served
Demand for This Use

Demographics for 69201, NE

4,143
Population
2,086
Households
2
Avg Household Size
42
Median Age
21%
College-Educated
97%
High-School Grad
1,605.6 sq mi
ZIP Area
3
Density / Sq Mi
$58,808
Median Household Income
$36,660
Median Earnings
$859
Median Rent
$141,200
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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Established dining and beverage operation with game-day televisions and dedicated rear storage.
Where is this conventional restaurant located?
The property is located at 502 US-20 Valentine, NE.
What are key features of this property?
This property features: Almost 11,000 square feet of business area; 20 x 39 foot rear storage building; Includes the EKV Lounge
More about this property
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