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Property profile & analytics
OFF-MARKET Estimated value $820,000
Commercial real estate

215 Church St Lewellen, NE 69147-3037

21,305 SF Built 1969
Individually Owned Absentee Owner Free & Clear
Property ID
US57-1012200
Property summary
AI-generated overview

This exceptional turnkey business opportunity presents a fully operational 23-room hotel in Lewellen, Nebraska, ideally situated near Lake McConaughy and Lake Ogallala State Recreation Area. The 21,305 square foot, all-brick building, formerly an assisted living facility, was thoughtfully converted in 2015 into the charming Lewellen Lodge. Currently offering 20 fully furnished rooms, each features a private kitchenette with microwave and refrigerator, a 42" flat-screen TV, and Wi-Fi access. The property boasts convenient amenities including a fitness center, on-site laundry facilities, and a large kitchen and dining area suitable for use as an in-house restaurant. Ample parking accommodates boats and trailers, and a spacious dog kennel caters to pet owners. The Lodge's prime location offers easy access to exceptional hunting and fishing opportunities, attracting guests year-round. Nearby attractions include prime hunting and fishing grounds abundant with various species of fish and game, including walleye, northern pike, trout, and various types of birds and land animals. The property is listed at $500,000 and sits on a one-acre lot at 215 Church St, Lewellen, NE 69147. This presents a strong potential for cash flow and long-term appreciation, making it an attractive investment for a discerning buyer. The property is handicap accessible and all 23 apartments meet all state standards.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1969
Total area 21,305 SF
Zoning code 03-COMMERCIAL
APN 350065305
UPID US57-1012200
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
  • Lewellen Lodge and Living Hotel & Motel
  • Garden County Health Services Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$585k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.05M
Blend (final) Blend
$820k
Owner & transaction history
WYATT J KRAMER
WYATT J KRAMER
Zoning & alternative use
03-COMMERCIAL · Lewellen, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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