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    406 Vinton St Spencer, NE 68777

    For Sale
    $550,000

    18-Room Lodge, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional turnkey commercial property, Three Rivers Lodge, presents a rare investment opportunity in Spencer, Nebraska. Located at 406 W Vinton Street, this 9,400+ square foot establishment sits on a 0.75-acre lot, offering 18 guest rooms, including two suites, each with a private bathroom. The lodge boasts a large community kitchen, spacious living and dining areas with a stone fireplace, a laundry room, and a family room complete with a pool table. Two additional rooms provide flexible space for smaller gatherings. Built in 1999, Three Rivers Lodge enjoys a prime location, just 20 minutes from Lake Francis Case and 10 minutes from the Niobrara River. Its proximity to a stocked fishing pond and walking trail adds to its appeal. The property has a strong reputation and numerous repeat customers, making it an attractive, low-hassle investment. The asking price is $550,000, with 2023 property taxes totaling $3,832.72. Detailed room measurements are available upon request. This is a unique chance to acquire a thriving business with proven success in a desirable location, blending nature and hospitality. The property offers a seamless entry into the hospitality industry for investors seeking value and opportunity.

    Property Features for 406 Vinton St

    General Information

    Property type
    Land

    HighLights

    • Turnkey commercial property, Three Rivers Lodge, in Spencer, Nebraska.
    • 9,400+ sq ft building on a 0.75‑acre lot.
    • 18 guest rooms (including 2 suites), each with a private bath.
    • Features a large kitchen, living/dining areas, laundry room, and family room.
    • Prime location, 20 minutes from Lake Francis Case, 10 minutes from Niobrara River.
    • $550,000 asking price, $3,832.72 in 2023 property taxes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Three Rivers Lodge Hotel

    Suggested Use

    Dental Office Building Supply Hair Salon Wholesale Shop Gym & Fitness Clothing Store Auto Parts Store Hotel & Motel HVAC Service Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Spencer
    County
    31015
    State
    Nebraska
    Longitude
    -98.7068955
    Latitude
    42.8774851

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    FAQs

    What type of property is this?
    Land - 18-Room Lodge, Prime Location
    Where is this land located?
    The property is located at 406 Vinton St Spencer, NE.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: Turnkey commercial property, Three Rivers Lodge, in Spencer, Nebraska.; 9,400+ sq ft building on a 0.75-acre lot.; 18 guest rooms (including 2 suites), each with a private bath.
    (402) 340-0493
    Request Owner's contact information
    406 Vinton St Spencer, NE 68777
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    Spencer, NE 68777
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    406 Vinton St Spencer, NE 68777
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