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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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Investment Highlights

The property has a full length bar and kitchen.

Great open layout!

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

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

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121 W 1st St, Hershey, NE - Aerial map view - Image1

121 W 1st St, Hershey, NE - Aerial map view - Image2

121 W 1st St, Hershey, NE - Aerial map view - Image3

Somewhat walkable

30/100

Exceptionally drivable

100/100

Fairly bikeable

50/100

Source: Local Logic^®

(308) 636-6970

Contact

Blu McGrath
Gateway Realty Of North Platte

Listing ID: 38566091
Date on Market: 11/25/2025
Last Updated:
Address: 121 W 1st St, Hershey, NE 69143

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Butch's Steakhouse & Lounge | 121 W 1st St

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