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- LoopNet Team
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 | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1965/2023 |
| Building Class | C | Parking Ratio | 2.63/1,000 SF |
| Lot Size | 0.40 AC | Corridor | Exterior |
| Building Size | 11,422 SF | ||
| Zoning | COMMERCIAL | ||
| 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
| Parcel Number | 0004600.00 | Improvements Assessment | $609,877 |
| Land Assessment | $68,560 | Total Assessment | $678,437 |
PROPERTY TAXES
Listing ID: 29547936
Date on Market: 9/18/2023
Last Updated:
Address: 602 E 4th St, North Platte, NE 69101
The Hospitality Property at 602 E 4th St, North Platte, NE 69101 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
