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Commercial > Hospitality
Active
01/15/2025
List Price
$499,900$224/ft²

2504 Locust St
Grand Island, NE 68801

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  • 2504 Locust St, Grand Island, NE 68801 is a 2,232 ft² commercial hospitality property property built in 1980 on a 0.268 acre lot. This commercial hospitality property is currently listed for $499,900, and it was last sold in 2020 for $400,000.

    MLS Description

    The listing agent's description. Original Listing

    INVESTMENT OPPORTUNITY! Real Estate Only! Nice-sized restaurant currently leased to Imperial Palace. Many updates, including; updated electrical, hot water heater, a large amount of new concrete, added awning in front of building, etc... Good-sized dining area & drive-through window on the side of building. Yearly rental increases added into the lease. This restaurant has had a very long presence in Grand Island. The tenant pays all utilities. A great investment opportunity! Seller will be doing a 1031 exchange.

    Listing Agents

    The listing agent for 2504 Locust St is Sheila Reed.

    Current Ownership

    Information about the current owner(s).

    Property History

    2504 Locust St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 2504 Locust St

    School Information

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    Neighborhood

    This property is located in Grand Island.

    Market Trends

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    Copyright © 2025 Grand Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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