415 Commercial StDiller, NE 68342

Property Details for 415 Commercial St

Year built

1900

Lot size

0.24 AC

Property size (Sq ft)

2,000 SF

Zone code

03-COMMERCIAL

Property type

Bars

Property subtype

Pubs

APN

480025959

APU

480025959

Description

This exceptional turnkey opportunity presents the Whiskey Barrel Bar & Grill, a thriving restaurant and bar located at 415 Commercial St, Diller, NE 68342. Boasting 3,320 square feet of space across two buildings on a 10,500 square foot lot (APN 480025959), this well-established business is situated in Jefferson County and benefits from a prime commercial zoning designation. Built in 1900 and renovated in 2003, the property features a modern and attractive interior designed to comfortably accommodate a large number of patrons. The Whiskey Barrel is a destination restaurant, drawing customers from a wide area and enjoying consistent growth in business volume. All aspects of the business are fully compliant with current codes and regulations, ensuring a smooth transition for the new owner. The sale includes two units, making this a truly turnkey operation ready for immediate success. This is a rare chance to acquire a profitable, established business with a proven track record and significant growth potential. The property's location and reputation contribute to its strong appeal and consistent customer base. This is a unique opportunity for an investor seeking a high-return, established business in a desirable location. The asking price for this exceptional property is $425,000.

• CAP approach

  CAP return

  Valuation

  6%

  $524,743

  6.5%

  $484,378

  7%

  $449,779

• Comparable approach

  Method

  Valuation

  Relative Method

  $360,511

  Geo Method

  $360,511

• Alternative Use

  Use

  Valuation

  Residential

  $408,591

  Hospitality

  $374,267

  Educational

  $311,386

  Medical

  $322,095

  Retail

  $484,378

Location Insight

City

Diller

County

Jefferson

State

Nebraska

Latitude

40.1087

Longitude

-96.9355

Property Tax & Assessments

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