2504 S Locust St, Grand Island, NE 68801

← Back to search

$489,900

bedrooms

bathrooms

square feet

2,232

Acreage

0.0

Open Houses

year built

1980

Full Baths

Half Baths

Find out more

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.

Location
Subdivision	-
County	Hall
Elementary School	-
Middle School	-
High School	-

Exact location data not provided

Driving directions

Open houses

None scheduled.

Find out more

Tell us who you are, and we will have someone reach out to you.

Name*

Email*

Phone*

Message

I have a house to sell

By proceeding, you consent to receive calls, texts and voicemails at the number you provided (may be recorded and may be autodialed and use pre-recorded and artificial voices), and email, from Kotohomes, Sheila Reed, and their network of service providers about your inquiry and other home-related matters.

Msg/data rates may apply. This consent applies even if you are on a do not call list and is not a condition of any purchase.

MLS number: 20242093

Listing agent: Sheila Reed

Listing broker: Da-Ly Realty & Insurance, Inc. (308) 384-1101

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. [source]

Last update: Tuesday, March 18 2025 at 7:59 p.m. EDT

Kotohomes National