320 Douglas St Oneill, NE 68763-1830
This exceptional commercial property, located at 320 E Douglas Street in O'Neill, Nebraska, presents a unique investment opportunity. Situated along Highways 275/20 and near Highway 281, this prime location ensures high visibility and significant traffic flow, ideal for attracting customers. The property boasts a completely remodeled 1,880 square foot building, completed in 2016, showcasing a captivating blend of industrial design and historic charm. The brick storefront features eye-catching wall lighting and expansive windows, drawing attention from passersby. Inside, exposed brick walls, a vintage tile ceiling, and exposed ductwork create a spacious, open atmosphere complemented by high, 11-foot ceilings and original wood flooring. A fully equipped commercial kitchen and bar area are located towards the rear, along with two restrooms. Currently configured as a restaurant with a 64-person occupancy, the property's versatility allows for adaptation to various business types, from boutiques to studios. A detached 640 square foot garage provides ample storage. The property's 2023 property taxes totaled $1,148.68. Average monthly utilities include electricity ($550), gas ($269), and water/sewer/trash ($230). The main area measures approximately 19'2" x 46'10". This is a rare chance to own a highly desirable commercial space with a distinctive industrial aesthetic in a thriving Nebraska location. The asking price is $220,000.
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Holt County Grill Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.