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Property profile & analytics
OFF-MARKET Estimated value $680,000
Commercial real estate

406 Vinton St Spencer, NE 68777-3638

9,492 SF 0.77 ac lot Built 1999
Individually Owned Free & Clear
Property ID
US57-0750390
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1999
Total area 9,492 SF
Lot 0.77 ac (33,600 SF)
Zoning code 03-COMMERCIAL
APN 100125200
UPID US57-0750390
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
  • Three Rivers Lodge Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$680k
Owner & transaction history
NATHAN J HOFFMAN
NATHAN J HOFFMAN
Zoning & alternative use
03-COMMERCIAL · Spencer, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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