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Property profile & analytics
OFF-MARKET
Turn key restaurants

320 Douglas St Oneill, NE 68763-1830

1,880 SF 0.09 ac lot Built 1930
Individually Owned Absentee Owner Free & Clear
Property ID
US57-0884045
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1930
Total area 1,880 SF
Lot 0.09 ac (3,920 SF)
APN 450021881
UPID US57-0884045
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
  • Holt County Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
PETER LUENINGHOENER
PETER LUENINGHOENER
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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