18 N 1st St - Specialty FOR SALE


Hay Springs, NE 69347
$499,000 USD
307-236-8299
18 N 1st St, Hay Springs, NE for Sale
$499,000 USD
Specialty - FOR SALE
1/17
null | Request Cap Rate

18 N 1st St
Hay Springs, NE 69347


HIGHLIGHTS

  • Established 38+ years with loyal regional clientele
  • Includes 3,200 SF shop built in 2014 with expansion-ready office
  • Turnkey operation with essential equipment included
  • Services include wells, windmills, pumps, and solar systems
  • Owners willing to train buyers for up to six months

OVERVIEW

Panhandle Drilling Inc. presents a rare opportunity to acquire a turnkey well service business with deep roots in western Nebraska and southern South Dakota. Operating since 1985, this respected company has built a loyal customer base across the Mirage Flats region. The headquarters sits on over half an acre in Hay Springs, Nebraska, featuring a historic 1930-built office and a modern 3,200-square-foot shop constructed in 2014. The shop includes 6-inch concrete flooring throughout and is pre-framed for an additional office with plumbing access, offering expansion potential. The business specializes in servicing house and livestock wells, windmills, and installing submersible pumps and solar systems. Included in the sale is a robust equipment package featuring a 2019 Ford F-450 with a Smeal service rig, a 2006 Bobcat 323 excavator with attachments, and four utility trailers. Inventory will be sold separately. To ensure a smooth transition, the current owners are willing to stay on for up to six months to train the new operators. This is a rare chance to own a thriving, essential service business in a scenic and supportive rural community. Whether you're expanding an existing operation or seeking a lifestyle change, Panhandle Drilling Inc. offers the infrastructure, reputation, and support to hit the ground running.

FOR SALE DETAILS

PRICE

$499,000 USD

PRICE/SF

$156 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Panhandle Drilling

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,407 SF

ZONING

Commercial

APN/PARCEL ID

810076063

ASK ABOUT THIS PROPERTY

Tommy Wiles#1 Properties Ranch & RecreationMore Info
307-236-8299

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Tommy Wiles#1 Properties Ranch & RecreationMore Info
307-236-8299

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.