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Butch's Steakhouse & Lounge 121 W 1st St 5,678 SF Retail Building Hershey, NE 69143 $350,000 ($61.64/SF) 7.91% Cap Rate

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EXECUTIVE SUMMARY

Turnkey bar and restaurant ready for new ownership to purchase and/or operate this mid-Nebraska icon. Seating for over 125 guests, a full bar and ample space for pool tables and a dance floor. Full kitchen equipment: fryers, hood, serving dishes, flatware, cold storage, and dry storage come with the property.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,678 SF
Building Class
C
Year Built
1930
Price
$350,000
Price Per SF
$61.64
Cap Rate
7.91%
NOI
$27,681
Tenancy
Single
Building Height
1 Story
Building FAR
0.54
Lot Size
0.24 AC
  • Listing ID: 38566091

  • Date on Market: 11/25/2025

  • Last Updated:

  • Address: 121 W 1st St, Hershey, NE 69143

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