111 Clark StBassett, NE 68714

Property Details for 111 Clark St

Year built

1950

Property size (Sq ft)

2,500 SF

Property type

Turn key restaurants

APN

750003219

APU

750003219

Description

This thriving restaurant in Bassett, Nebraska, presents a unique turnkey opportunity for aspiring entrepreneurs. Located at 111 Clark St, in the heart of downtown, this well-maintained establishment boasts 3,125 square feet of space and includes all equipment and fixtures. The asking price is $119,000. The property features two bathrooms, adding convenience for both staff and customers. The business is currently operating successfully, offering immediate income potential for the new owner. All aspects of the business are included in the sale, making this a truly seamless transition. The property's 2023 property taxes amounted to $326.08. This is an exceptional chance to own a profitable, established business with significant growth potential in a desirable location. The existing customer base and prime downtown location provide a solid foundation for continued success. Don't miss this opportunity to own your own business and achieve your entrepreneurial dreams. This is a rare chance to acquire a fully operational restaurant with everything you need to start generating revenue immediately.

• CAP approach

  CAP return

  Valuation

  6%

  $732,287

  6.5%

  $675,957

  7%

  $627,675

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,235,862

  Geo Method

  $520,506

• Alternative Use

  Use

  Valuation

  Residential

  $570,195

  Hospitality

  $522,296

  Educational

  $434,544

  Medical

  $449,489

  Retail

  $675,957

Location Insight

City

Bassett

County

Rock

State

Nebraska

Latitude

42.5862

Longitude

-99.5382

Property Tax & Assessments

FAQs

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