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    Property profile & analytics
    FOR SALE
    Turn key restaurants

    1617 Central Ave Auburn, NE 68305

    8,086 SF 1.97 ac lot Built 1901
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US57-1010525
    1617 Central Ave, Auburn, NE 68305 For Sale 1 / 69
    Contact for pricing 8,086 SF
    1617 Central Ave, Auburn, NE 68305
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    Property summary
    AI-generated overview

    This exceptional 1.97-acre commercial land parcel is strategically located at 1617 Central Ave in Auburn, Nebraska, zip code 68305. Situated along Highway 136, this property presents a unique investment opportunity. Currently improved with a turnkey restaurant, Arbor Manor Steakhouse, the property boasts a fully equipped kitchen, a well-appointed bar area, formal dining space, an inviting outdoor gazebo, and a dedicated conference room. The versatile layout makes it suitable for a variety of uses, catering to both dining and event needs. Recent upgrades include a newly renovated front porch, providing a comfortable and attractive seating area. The property's high visibility and convenient location ensure significant exposure to potential customers. The asking price for this prime commercial land is $325,000. This presents a rare chance to acquire a well-established business property with significant growth potential in a thriving Nebraska community. The property's size and existing infrastructure offer a solid foundation for continued success or redevelopment. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1901
    Total area 8,086 SF
    Lot 1.97 ac (85,813 SF)
    Zoning code COMMERCIAL
    APN 640036902
    UPID US57-1010525
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Arbor Manor Steakhouse and Motel Restaurant
    • Arbor Manor Steakhouse & Lounge Restaurant
    2 occupants on record
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Prairie Sparks LLC
    Prairie Sparks LLC
    since 2025
    1 recorded transaction
    2025
    $100,000
    Zoning & alternative use
    COMMERCIAL · Auburn, NE
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Source Zoning Map
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