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    604 4Th St Pender, NE 68047

    Sponsored
    For Sale
    $290,000

    Thriving Restaurant, Turnkey Opportunity

    Property size:
    2,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This established Pender, NE restaurant, Popo's Drive-In, presents a unique investment opportunity. Boasting 2,500 square feet on a 0.86-acre lot, this single-story, Class C building was constructed in 1969 and renovated in 2020. The property is zoned Commercial C-2 and features a 75-seat dining room, popular for both dine-in and takeout service. Currently operating seasonally (summer months), the business benefits from a high-traffic location on Hwy 16/9. Pender's robust economic growth, fueled by thriving businesses like Pender Community Hospital/Clinic, and new developments including a 40-lot subdivision and two new apartment complexes directly across the street, offers significant potential for expansion. The recent March 2024 opening of a Family Dollar/Dollar Tree across the street further enhances visibility and customer traffic. This turnkey operation is priced at $290,000 ($116/sq ft) and represents a compelling investment in a dynamic Nebraska community. The property includes one building.

    Property Features for 604 4Th St

    General Information

    Property type
    Restaurants
    Square Feet
    2,500 SF
    Class
    C
    Lot Size
    37,462 SF

    Building Details

    Year Built/Renovated
    1969/2020
    Buildings
    1
    Stories
    1

    HighLights

    • $290,000 asking price for Popo's Drive‑In Restaurant.
    • 2,500 square foot building on a 0.86‑acre lot in Pender, Nebraska.
    • Established restaurant with 75‑seat dining room and popular takeout service.
    • Located on Highway 16/9, benefiting from significant community growth and nearby businesses.
    • Property includes a single‑story, 1969‑built building renovated in 2020, zoned Commercial C‑2.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Popo's Drive-In Restaurant Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Pender
    County
    Thurston
    State
    Nebraska
    Longitude
    -96.70771688852
    Latitude
    42.109050694026

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Restaurant - Thriving Restaurant, Turnkey Opportunity
    Where is this restaurant located?
    The property is located at 604 4Th St Pender, NE.
    What is the asking price?
    The asking price for this property is $290,000.
    What are key features of this property?
    This property features: $290,000 asking price for Popo's Drive-In Restaurant.; 2,500 square foot building on a 0.86-acre lot in Pender, Nebraska.; Established restaurant with 75-seat dining room and popular takeout service.
    Request Owner's contact information
    604 4Th St Pender, NE 68047
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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
    604 4Th St Pender, NE 68047
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