Share This Listing

Message

935 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Full-Service Restaurant & Cocktail Lounge
  • Additional Land Potential

Executive Summary

Located on 2.35 acres with direct access to Highway 20, this site provides a great opportunity for redevelopment. From enhancing what’s already in place to taking on an entirely new project, this site offers impressive versatility and accommodates numerous development paths. Offering 26 rooms, the property accommodates a broad range of guests, from travelers looking for a comfortable place to rest to business visitors needing a convenient stopover. Full-Service Restaurant & Cocktail Lounge: The lower level features a complete restaurant and lounge area, formerly a well-known steak house that once enjoyed strong local and visitor traffic. With the right concept, it could easily be reimagined and restored to a standout spot for both residents and travelers. Additional Land Potential: The generous space at the rear of the property allows for added development possibilities, offering a flexible investment.

Property Facts

Price $210,000
Price Per Room $10,500
Sale Type Investment
Sale Condition Redevelopment Project
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.35 AC
Building Size 13,820 SF
No. Rooms 20
No. Stories 2
Year Built 1972
Parking Ratio 1.3/1,000 SF
Corridor Interior
Zoning 03-COMMERCIAL - Commercial

Amenities

  • Restaurant
  • On-Site Bar
  • Bed & Breakfast
  • Multi-Room Suites

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 20 $62.00 -
Somewhat walkable
30/100
Very drivable
80/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
810092964
Land Assessment
$2,340
Improvements Assessment
$25,133
Total Assessment
$27,473
  • Listing ID: 40062018

  • Date on Market: 4/7/2026

  • Last Updated:

  • Address: 605 W US Highway 20, Gordon, NE 69343

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}