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Boutique Hospitality & Redevelopment Opp. 111 N Lincoln Ave 5 Room Hotel Hastings, NE 68901 $1,200,000 ($240,000/Room)



Investment Highlights
- Unique Boutique Hospitality Asset
- Flexible Building Design with Accessibility Features
- Multiple Revenue Streams & Built-In Guest Amenities
Executive Summary
**Skylofts Downtown – Boutique Hospitality & Redevelopment Opportunity in Hastings, Nebraska**
Skylofts Downtown presents a unique opportunity to acquire a distinctive boutique lodging and hospitality property located in the heart of downtown Hastings, Nebraska. Blending upscale accommodations, local charm, and an experience-driven concept, Skylofts offers guests a memorable stay in one of the community’s most walkable and vibrant downtown districts.
The property features five luxuriously themed loft-style rooms, each designed with its own immersive style and character. These carefully curated accommodations create a guest experience that stands apart from a traditional hotel stay, making Skylofts an attractive destination for weekend getaways, extended stays, business travelers, special occasions, and visitors seeking something unique in the Hastings market.
Each room is designed with comfort and convenience in mind, offering features such as private bathrooms, high ceilings, air conditioning, self-controlled heating and cooling, mini-refrigerators, large desks, flat-panel televisions, free Wi-Fi, housekeeping, and non-smoking accommodations. Select rooms also include private outdoor space, further enhancing the guest experience and adding to the property’s boutique appeal.
Skylofts benefits from a strong downtown location surrounded by local shops, restaurants, bars, coffee shops, and community attractions. Its position in downtown Hastings allows guests to enjoy a walkable stay with convenient access to the area’s historic character, local businesses, and revitalized downtown atmosphere. This location supports both leisure and business travel while positioning the property as a desirable base for visitors exploring Hastings.
A notable feature of the property is its accessibility and flexible building design. The property is handicap accessible and includes an operable elevator, allowing convenient access throughout the building and making the space more adaptable for a variety of future uses. These accessibility features may support a smoother transition into alternative concepts such as an assisted living home, senior housing, extended-stay lodging, recovery housing, professional office use, mixed-use redevelopment, or other specialty residential or hospitality-related uses, subject to applicable zoning, licensing, and regulatory approvals.
This flexibility adds another layer of value for a buyer, as the property is not limited solely to its current boutique lodging and hospitality use. The combination of existing lodging rooms, common areas, food and beverage infrastructure, downtown location, elevator access, and handicap accessibility creates a versatile foundation for an owner-operator, investor, or developer seeking a property with multiple potential paths for future use.
In addition to its lodging component, the property offers valuable hospitality amenities that help create multiple layers of guest appeal. Guests have convenient access to an onsite bar and lounge area, providing a stylish space to relax, enjoy handcrafted cocktails, sample local and regional craft beers, or gather before or after dinner. Public outdoor patio areas and select private outdoor spaces further expand the guest experience and create opportunities for social gatherings, private relaxation, and seasonal enjoyment.
A major advantage of the property is its connection to Murphy’s Wagon Wheel, a long-standing family-owned Hastings restaurant located below the Skylofts rooms. Established in 1971, Murphy’s Wagon Wheel is recognized locally for its family-style BBQ, made-from-scratch dishes, and house-smoked meats. This built-in restaurant presence enhances the overall lodging experience by giving guests a convenient dining option just steps from their rooms.
Skylofts Downtown is well-positioned for continued growth under new ownership. Potential opportunities may include expanded digital marketing, increased booking platform visibility, enhanced social media promotion, event and private gathering packages, corporate stay partnerships, wedding and weekend getaway promotions, local tourism partnerships, and continued cross-promotion with the onsite restaurant and bar components.
With its boutique room concept, downtown location, onsite food and beverage amenities, outdoor spaces, handicap accessibility, operable elevator, and flexible building design, Skylofts Downtown represents a compelling hospitality, investment, or redevelopment opportunity in Hastings, Nebraska. The property offers a strong foundation for an owner-operator, investor, or developer seeking a unique asset with multiple demand drivers and meaningful upside potential.
Skylofts Downtown presents a unique opportunity to acquire a distinctive boutique lodging and hospitality property located in the heart of downtown Hastings, Nebraska. Blending upscale accommodations, local charm, and an experience-driven concept, Skylofts offers guests a memorable stay in one of the community’s most walkable and vibrant downtown districts.
The property features five luxuriously themed loft-style rooms, each designed with its own immersive style and character. These carefully curated accommodations create a guest experience that stands apart from a traditional hotel stay, making Skylofts an attractive destination for weekend getaways, extended stays, business travelers, special occasions, and visitors seeking something unique in the Hastings market.
Each room is designed with comfort and convenience in mind, offering features such as private bathrooms, high ceilings, air conditioning, self-controlled heating and cooling, mini-refrigerators, large desks, flat-panel televisions, free Wi-Fi, housekeeping, and non-smoking accommodations. Select rooms also include private outdoor space, further enhancing the guest experience and adding to the property’s boutique appeal.
Skylofts benefits from a strong downtown location surrounded by local shops, restaurants, bars, coffee shops, and community attractions. Its position in downtown Hastings allows guests to enjoy a walkable stay with convenient access to the area’s historic character, local businesses, and revitalized downtown atmosphere. This location supports both leisure and business travel while positioning the property as a desirable base for visitors exploring Hastings.
A notable feature of the property is its accessibility and flexible building design. The property is handicap accessible and includes an operable elevator, allowing convenient access throughout the building and making the space more adaptable for a variety of future uses. These accessibility features may support a smoother transition into alternative concepts such as an assisted living home, senior housing, extended-stay lodging, recovery housing, professional office use, mixed-use redevelopment, or other specialty residential or hospitality-related uses, subject to applicable zoning, licensing, and regulatory approvals.
This flexibility adds another layer of value for a buyer, as the property is not limited solely to its current boutique lodging and hospitality use. The combination of existing lodging rooms, common areas, food and beverage infrastructure, downtown location, elevator access, and handicap accessibility creates a versatile foundation for an owner-operator, investor, or developer seeking a property with multiple potential paths for future use.
In addition to its lodging component, the property offers valuable hospitality amenities that help create multiple layers of guest appeal. Guests have convenient access to an onsite bar and lounge area, providing a stylish space to relax, enjoy handcrafted cocktails, sample local and regional craft beers, or gather before or after dinner. Public outdoor patio areas and select private outdoor spaces further expand the guest experience and create opportunities for social gatherings, private relaxation, and seasonal enjoyment.
A major advantage of the property is its connection to Murphy’s Wagon Wheel, a long-standing family-owned Hastings restaurant located below the Skylofts rooms. Established in 1971, Murphy’s Wagon Wheel is recognized locally for its family-style BBQ, made-from-scratch dishes, and house-smoked meats. This built-in restaurant presence enhances the overall lodging experience by giving guests a convenient dining option just steps from their rooms.
Skylofts Downtown is well-positioned for continued growth under new ownership. Potential opportunities may include expanded digital marketing, increased booking platform visibility, enhanced social media promotion, event and private gathering packages, corporate stay partnerships, wedding and weekend getaway promotions, local tourism partnerships, and continued cross-promotion with the onsite restaurant and bar components.
With its boutique room concept, downtown location, onsite food and beverage amenities, outdoor spaces, handicap accessibility, operable elevator, and flexible building design, Skylofts Downtown represents a compelling hospitality, investment, or redevelopment opportunity in Hastings, Nebraska. The property offers a strong foundation for an owner-operator, investor, or developer seeking a unique asset with multiple demand drivers and meaningful upside potential.
Property Facts
| Price | $1,200,000 | Lot Size | 0.19 AC |
| Price Per Room | $240,000 | Building Size | 7,478 SF |
| Sale Type | Investment | No. Rooms | 5 |
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1900/2024 |
| Building Class | B | Corridor | Interior |
| Zoning | C-2 | ||
| Price | $1,200,000 |
| Price Per Room | $240,000 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.19 AC |
| Building Size | 7,478 SF |
| No. Rooms | 5 |
| No. Stories | 2 |
| Year Built/Renovated | 1900/2024 |
| Corridor | Interior |
| Zoning | C-2 |
Amenities
- On-Site Retail
- High Speed Internet Access
- Patio
- On-Site Bar
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 5 | $175.00 | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
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Boutique Hospitality & Redevelopment Opp. | 111 N Lincoln Ave
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