141 7Th StNorth Bend, NE 68649

  • Sports & entertainment properties
  • 7,592 SF
For Sale
$225,000 View listing

Property Details for 141 7Th St

Year built
1959
Lot size
0.20 AC
Property size (Sq ft)
7,592 SF
Zone code
COMMERCIAL
Property type
Sports & entertainment properties
Property subtype
Bowling alleys
APN
270068355
APU
270068355

Description

This exceptional commercial property in North Bend, Nebraska, presents a unique investment opportunity. Located at 141 W 7th St, this 7,860 square foot, single-story building sits on a 0.2-acre lot and is zoned for commercial use. Built in 1959, the property boasts a well-established restaurant and an 8-lane bowling alley equipped with classic Brunswick A Pinsetters. The restaurant features a fully functional commercial kitchen complete with a walk-in cooler and a full bar, providing ample space for dining. The bowling alley is a significant revenue generator, with bowling league tournaments and events already booked through May 17, 2024. Further enhancing the property's appeal are outdoor sand volleyball leagues operating during the summer months. The property serves as the home of the North Bend High School Varsity Bowling League and the Unified Bowling League, fostering strong community ties and consistent patronage. It also hosts various community events, solidifying its position as a local hub. This turnkey business is ideally situated just 40 minutes from Omaha, offering convenient access to a larger market. The asking price is $225,000 ($28.63/sq ft). Building and business assets are included in the sale. Detailed business financials are available upon request. This is a rare chance to acquire a thriving, multifaceted business with significant growth potential.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,730,761
    Hospitality
    $1,585,368
    Educational
    $1,319,008
    Medical
    $1,364,370
    Retail
    $2,051,790
141 7Th St, North Bend, Nebraska
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Location Insight

City
North Bend
County
Dodge
State
Nebraska
Latitude
41.4625
Longitude
-96.7811
CBSA code
23340
CBSA name
FREMONT, NE MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,611
$5,663
$112,504
$118,167
-
$5,663
$112,504
$118,167

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