604 4Th St Pender, NE 68047
- Retail properties
- 2,500 SF
- 0.86 lot acres
Current Use by Public Records
- Popo's Drive-In Restaurant / Restaurant / Diner
Property Details for 604 4Th St
- Year built
- 1969
- Lot size
- 0.86 lot acres
- Property size
- 2,500 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pender
- County
- Thurston
- State
- Nebraska
- Longitude
- -96.7077
- Latitude
- 42.1091
