202 N Broadway - Hospitality FOR SALE


Hartington, NE 68739
$724,900 USD
402-841-2116
202 N Broadway, Hartington, NE for Sale
$724,900 USD
Hospitality - FOR SALE
1/5
null | Request Cap Rate

202 N Broadway
Hartington, NE 68739


OVERVIEW

Welcome to Hotel Hartington. Built in 1917 and fully renovated in 2018, this property keeps its original character while offering the updates that matter. Improvements include HVAC, roof, electrical, NEW 2nd and 3rd floor windows, and resealed original windows on main floor to preserve the building’s historic look. The property operates on a Nest system for climate control throughout the full building. The main level lobby has been converted into a full bar that opens directly into the ballroom for weddings, creating a natural flow for weddings, receptions, and large events. The ballroom and Speakeasy include enough tables and high end padded folding Titan chairs to seat approximately 200 people in the ballroom and up to about 130 people in the Speakeasy. A separate speakeasy provides a more private space for gatherings and is equipped with a surround sound Sonos system connected to an Ipad. The back patio offers a generous outdoor area that works well for events, additional seating, outdoor venue, and beer garden. The Speakeasy in the basement adds even more usable space and features Real Mica flake epoxy flooring completed in 2023. A 7-camera Lorex security system is in place for added security. All furnishings transfer with the sale, including decorations, chairs, tables, beds, and related items. All future reservations and deposits currently on the books will transfer as well, allowing a new owner to step in and continue operations without interruption. An attached office space is also included and is currently leased, providing steady rental income. Located on North Broadway with street parking access, The Hotel Hartington is a turnkey, income-producing property in the heart of downtown Hartington. Hotel Hartington consists of 17 individual bedrooms, dispersed among 4 individual wings located on the 2nd and 3rd floors.

FOR SALE DETAILS

PRICE

$724,900 USD

PRICE/SF

$45 USD /SF

# OF ROOMS

17

PRICE/ROOM

$42,641 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Hotel Hartington

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1920

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

03-COMMERC

APN/PARCEL ID

5142.00

ASK ABOUT THIS PROPERTY

Russ WilcoxReal Estate Solutions TeamMore Info
402-841-2116

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Russ WilcoxReal Estate Solutions TeamMore Info
402-841-2116

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