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The Downtowner 715 1st Corso 5,400 SF Retail Building Nebraska City, NE 68410 $465,000 ($86.11/SF)
Investment Highlights
- Turnkey restaurant sales include the building, a thriving business, all FF&E, and a loyal customer base, with potential for expanded evening hours.
- Recent improvements include a new roof, a new hot water heater, and electrical upgrades, making it a move-in-ready hospitality investment opportunity.
- 5,400 square foot downtown Nebraska City restaurant with bar, booth, and table seating, storage space, glass storefront, and ample street parking.
- High-visibility location near the Iowa-Nebraska border with access to 10,000+ residents, $129.5M consumer spending, and 1,500+ VPD.
Executive Summary
Discover 715 1st Corso in the heart of downtown Nebraska City, Nebraska. This exceptional opportunity offers the sale of The Downtowner Casual Café, a thriving, fully operational restaurant and commercial property in one of Southeast Nebraska’s fastest-growing areas. This turnkey cash-flow investment includes the 5,400-square-foot building, business operations, all furniture, fixtures, and equipment (FF&E), and numerous additional pieces of equipment, enabling a seamless ownership transition. Currently operating daily from 7:00 AM to 3:00 PM, the café enjoys a loyal customer base and a 4-star Google rating, with significant upside potential from expanded evening dining hours and catering services.
Situated on a 0.13-acre lot, 715 1st Corso features a highly visible glass-lined storefront with abundant natural light, prominent building signage, ample bar, booth, and table seating, dedicated storage space, a dishwash station, a prep station, cold and freezer storage, and convenient street parking for customers and employees. Recent capital improvements include a new roof, hot water heater, and electrical upgrades, providing peace of mind for future ownership. The Downtowner still maintains its historic charm, having been built in 1940 and evoking a small-town feel.
Located near the Iowa-Nebraska border with convenient access to the J. Sterling Morton Beltway, the property benefits from strong visibility to more than 1,500 vehicles per day and access to a growing consumer base of over 10,000 residents generating more than $129.5 million in spending power. Surrounded by retailers, service providers, and lifestyle amenities, this downtown Nebraska City restaurant offers consistent customer traffic and a strategic location for continued growth. Whether you are an owner-operator seeking a profitable restaurant business for sale, an entrepreneur looking for a turnkey hospitality opportunity, or an investor interested in acquiring an established commercial asset, The Downtowner Casual Café delivers a unique combination of real estate ownership, operational success, and future expansion potential in the Nebraska City market
Situated on a 0.13-acre lot, 715 1st Corso features a highly visible glass-lined storefront with abundant natural light, prominent building signage, ample bar, booth, and table seating, dedicated storage space, a dishwash station, a prep station, cold and freezer storage, and convenient street parking for customers and employees. Recent capital improvements include a new roof, hot water heater, and electrical upgrades, providing peace of mind for future ownership. The Downtowner still maintains its historic charm, having been built in 1940 and evoking a small-town feel.
Located near the Iowa-Nebraska border with convenient access to the J. Sterling Morton Beltway, the property benefits from strong visibility to more than 1,500 vehicles per day and access to a growing consumer base of over 10,000 residents generating more than $129.5 million in spending power. Surrounded by retailers, service providers, and lifestyle amenities, this downtown Nebraska City restaurant offers consistent customer traffic and a strategic location for continued growth. Whether you are an owner-operator seeking a profitable restaurant business for sale, an entrepreneur looking for a turnkey hospitality opportunity, or an investor interested in acquiring an established commercial asset, The Downtowner Casual Café delivers a unique combination of real estate ownership, operational success, and future expansion potential in the Nebraska City market
Data Room Click Here to Access
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
5,400 SF
Building Class
C
Year Built
1940
Price
$465,000
Price Per SF
$86.11
Tenancy
Single
Building Height
1 Story
Building FAR
0.94
Lot Size
0.13 AC
Zoning
Z03 - Z03
Amenities
- Restaurant
- Signage
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
Moderately walkable
60/100
Very drivable
80/100
Fairly bikeable
40/100
Demographics
Demographics
1 mile
3 mile
5 mile
2025 Population
6,737
8,380
8,808
2030 Population
7,099
8,836
9,271
2025-2030 Projected Population Growth
5.4%
5.4%
5.3%
Median Age
40.0
40.7
40.9
College Degree + Higher
20%
21%
21%
Daytime Employees
2,240
5,399
5,863
Total Businesses
361
544
593
Average Household Income
$85,076
$89,843
$91,557
Median Household Income
$69,449
$72,351
$73,495
Total Consumer Spending
$80.1M
$102.2M
$108.7M
2025 Households
2,729
3,375
3,541
Average Home Value
$214,977
$231,918
$235,888
Nearby Major Retailers
Property Taxes
| Parcel Number | 005632000 | Total Assessment | $216,187 |
| Land Assessment | $9,440 | Annual Taxes | ($5,400) (($1.00)/SF) |
| Improvements Assessment | $206,747 | Tax Year | 2025 |
Property Taxes
Parcel Number
005632000
Land Assessment
$9,440
Improvements Assessment
$206,747
Total Assessment
$216,187
Annual Taxes
($5,400) (($1.00)/SF)
Tax Year
2025
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The Downtowner | 715 1st Corso