Mixed-Use Bar with Upstairs
New
For Sale
$210,000
612 Central Ave, Nebraska City, NE 68410
An operating bar and grill occupies the lower level, with residential rental units upstairs.
Property Size2,300 SF
Price / SF$91.30
Days on Market4
Property Features for 612 Central Ave
General Information
Standard status
Active
Size
2,300 SF
Property subtype
Commercial Building
Restaurant
Patio
Yes
Equipment Included
Yes
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Furnished
Yes
Business Included
Yes
Multifamily Units
4
Amenities
Lot Size Acres: 0.07
Rubber Roof
Sewer Type: Municipal
Total Taxes: $1,533, Tax Year: 2025, Percentage of Tax that is Deductable: 0
Hardwood Floor, Carpet Floor
Has Central AC: 1, Wall/Window AC: 1
Forced Air Heating, Natural Gas Heat Fuel
Sale, Sale Type: Foreclosure, Availability Date: 2026-10-22
Basement Type: Full, Unfinished, Area Square Footage: 1200
Built in 1900
Above Area Square Feet: 2300
Water Source: Municipal, Natural Gas Available
Construction Type: Masonry - Brick, Enclosed Porch
Alarm
Brick Siding
Building Details
Year Built
1900
Buildings
1
Listing Agency:
Nebraska Realty
Listed By:
Milton Schneider
(402) 235-9900
Source:
Doyle-realty
Added: Oct 22
Changed: Oct 25
Last Checked: Oct 25 at 2:42AM
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 Nebraska Realty
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Investment Insights
Based on property information with market context.
The Wagon Wheel is an operating bar and grill in a mixed-use building constructed in 1900. Four rental units are located upstairs; three are occupied and one is vacant. The sale includes seller-owned kitchen equipment, furnishings, POS hardware, supplies, and liquor inventory, subject to exclusions. The property also has a pool, dart games, and an enclosed patio.
At 612 Central Ave in downtown Nebraska City, the property combines the bar operation with upstairs rentals. Continued operation is subject to applicable licensing and approvals, and the vendor gaming commission arrangement is subject to approval.
At 612 Central Ave in downtown Nebraska City, the property combines the bar operation with upstairs rentals. Continued operation is subject to applicable licensing and approvals, and the vendor gaming commission arrangement is subject to approval.
Key Highlights
- Operating bar and grill with four upstairs rental units
- Three of the four rental units are occupied
- 1900 construction year
Property Analytics
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Current Use
Lease Details
4
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
543
Businesses Nearby
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Business Placement
Demographics for 68410, NE
8,620
Population
3,781
Households
2.3
Avg Household Size
41
Median Age
28%
College-Educated
92%
High-School Grad
143.3 sq mi
ZIP Area
60
Density / Sq Mi
$74,217
Median Household Income
$44,413
Median Earnings
$911
Median Rent
$167,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - An operating bar and grill occupies the lower level, with residential rental units upstairs.
Where is this mixed-use property located?
The property is located at 612 Central Ave Nebraska City, NE.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Operating bar and grill with four upstairs rental units; Three of the four rental units are occupied; 1900 construction year
