406 Vinton St Spencer, NE 68777-3638
This exceptional turnkey commercial property, Three Rivers Lodge, presents a rare investment opportunity in Spencer, Nebraska. Located at 406 W Vinton Street, this 9,400+ square foot establishment sits on a 0.75-acre lot, offering 18 guest rooms, including two suites, each with a private bathroom. The lodge boasts a large community kitchen, spacious living and dining areas with a stone fireplace, a laundry room, and a family room complete with a pool table. Two additional rooms provide flexible space for smaller gatherings. Built in 1999, Three Rivers Lodge enjoys a prime location, just 20 minutes from Lake Francis Case and 10 minutes from the Niobrara River. Its proximity to a stocked fishing pond and walking trail adds to its appeal. The property has a strong reputation and numerous repeat customers, making it an attractive, low-hassle investment. The asking price is $550,000, with 2023 property taxes totaling $3,832.72. Detailed room measurements are available upon request. This is a unique chance to acquire a thriving business with proven success in a desirable location, blending nature and hospitality. The property offers a seamless entry into the hospitality industry for investors seeking value and opportunity.
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Three Rivers Lodge Hotel & Motel
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
03-COMMERCIAL · Spencer, NENo 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.