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602 E 4th St
North Platte, NE 69101
Americas Best Value Inn North Platte · Hospitality Property For Sale · 11,422 SF

INVESTMENT HIGHLIGHTS

  • High-visibility, well-trafficked location
  • Turn-key business, recently remodeled
  • Adjacent to major tourist destinations

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.40 AC
Building Size 11,422 SF
No. Stories 2
Year Built/Renovated 1965/2023
Parking Ratio 2.63/1,000 SF
Corridor Exterior
Zoning COMMERCIAL

AMENITIES

  • Pool
  • Smoke-Free

ABOUT 602 E 4TH ST , NORTH PLATTE, NE 69101

Property is well-maintained and recently remodeled, with new air conditioning and heating units in all rooms, as well as a new parking surface with adequate space for full occupancy. Building includes a strong mix of single- and double-bed rooms. Also includes multi-bedroom residential space for owner/operator, or for use as additional rental housing. It also features a fenced outdoor pool and patio area. This property is the perfect opportunity for a motivated buyer to operate as a traditional motel, short-term housing, boutique or specialty motel, or a hybrid. This is one of only a few motel properties located within the historic downtown Canteen District, and is close to Memorial Park and the city's new splash pad attraction. The motel is only a short drive to the local municipal airport, and is situated on the main highway which runs through the city. The property also sits directly on the main route for the Nebraskaland Days Parade, which attracts tens of thousands of visitors to the city every year. The downtown Canteen District, where the motel is located, is currently the subject of significant urban renewal and development efforts — this property is a unique opportunity to get in on the ground floor.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0004600.00
Land Assessment
$68,560
Improvements Assessment
$609,877
Total Assessment
$678,437
  • Listing ID: 29547936

  • Date on Market: 9/18/2023

  • Last Updated:

  • Address: 602 E 4th St, North Platte, NE 69101

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