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62-Unit Independent Hotel
For Sale
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7501 US-281, Grand Island, NE 68803

Two adjacent parcels combine an operating lodging property with a non-operating restaurant.

Property SizeContact for details
Lot Size3.50 Acres
Days on Market151

Property Features for 7501 US-281

General Information

Standard status Active
Lot size 3.50 Acres
Property subtype Hospitality
Investment Type Value Add

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Asking Price $1,650,000

Building Details

Buildings 2
Listing Agency: Southeast International Hotel Brokers
Listed By: Frank Smith · License #MO 1999019778
Source: Crexi
Added: Apr 3 Changed: Aug 30 Last Checked: Aug 30 at 5:26AM

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 Southeast International Hotel Brokers

Investment Insights

Based on property information with market context.

The property consists of two adjoining parcels totaling nearly 3.5 acres at 7501 US-281 in Grand Island, Nebraska. Improvements include an operating 62-unit independent hotel serving the surrounding corridor and a separate restaurant that is currently non-operating.

The site sits at the I-80 and US highway interchange, providing direct interstate-oriented access. A state recreation area borders the property, adding a defined recreational context to the existing hospitality use. The assemblage includes both lodging and restaurant improvements within a single commercial holding.

Key Highlights

  • Operating 62‑unit independent hotel
  • Nearly 3.5‑acre property comprising 2 adjacent parcels
  • Positioned directly at the I‑80 / US highway interchange

Property Analytics

Current Use

Hotels

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 68803, NE

26,487
Population
11,188
Households
2.4
Avg Household Size
38
Median Age
25%
College-Educated
87%
High-School Grad
86.9 sq mi
ZIP Area
305
Density / Sq Mi
$70,040
Median Household Income
$44,795
Median Earnings
$888
Median Rent
$224,100
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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Frequently Asked Questions

What type of property is this?
Hotel - Two adjacent parcels combine an operating lodging property with a non-operating restaurant.
Where is this hotel located?
The property is located at 7501 US-281 Grand Island, NE.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Operating 62‑unit independent hotel; Nearly 3.5‑acre property comprising 2 adjacent parcels; Positioned directly at the I‑80 / US highway interchange
(417) 865-2520 Call to check price and availability
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