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Commercial For sale Lodging and Hospitality Hotel

Commercial Property for Sale in Nebraska 68601

524 23rd St. ,, Columbus, Nebraska 68601

$9,900,000
Listed Jan 22, 2026
1999
Built
4
Stories
90
Units

About this property

Commercial Property for Sale in Nebraska 68601 is a lodging and hospitality for sale in Columbus, Nebraska, listed at $9,900,000. Key details: year built 1999, stories 4, total units 90, heating & cooling Heating and Cooling. Listed by Brent Jaynes of Leisure Real Estate Advisors, LLC on LoopingCloud and last updated January 22, 2026.

 


Strategic Acquisition: Prime 90-Key Hotel in Nebraska’s Newest Gaming Hub

Position your portfolio at the heart of Columbus, NE. This Holiday Inn Express & Suites is perfectly situated on Highway 30, benefiting from both a rock-solid industrial base and a surging tourism sector. With the May 2024 grand opening of the $75M Harrah’s Racetrack & Casino (managed by Caesars Entertainment), Columbus has transformed into a major regional destination. The casino features 500 slots, a sportsbook, and a one-mile thoroughbred track, creating a massive new demand generator for local lodging.

Market Stability & Corporate Demand:

  • Industrial Leaders: Major international presence from Becton Dickinson (MedTech), Behlen Manufacturing, and ADM.

  • Corporate HQ: Home to the headquarters of Nebraska Public Power.

  • Financial Strength: Proven $1M+ NOI and a guest experience bolstered by recent Formula Blue renovations.


 

Key highlights

  • ***** Hotel Description *****
  • NEW PRICE. Now offered at $9,900,000!!
  • $141 ADR and a $93 RevPar (May 2025 STR)
  • Newer dehumidification system
  • Very nice indoor pool
  • 90 keys
  • Behlen Manufacturing Co, (ag equipment)
  • Becton Dickinson (medical products)
  • Cargill (crop production)
  • Vishay (electronics)

Lending Opportunities

Connect with a mortgage professional to explore financing options and see what you may qualify for.

CompanyLender typeContactPhone
TheLoanProsTeam Mortgage Broker Roxanne Chung (754) 707-5877
Money Solutions, LLC Mortgage Broker Jennifer A. Judice (813) 431-5000

Property details

Key facts

Year Built
1999
Stories
4
Total Units
90
Heating & Cooling
Heating and Cooling
Property Status
Normal Sale
Building Status
Existing

Pricing details

Financing
Third Party Financing
Investment Property
Active investment property

Investment snapshot

Acquisition options

OptionAsking priceCap rateCommissionMonthly incomeOwnership
Purchase Only $9,900,000 - - - -

Features and amenities

Property Features

  • ***** Hotel Description *****
  • NEW PRICE. Now offered at $9,900,000!!
  • Built 1999, New 15 year license will be available
  • Attractive revenue and consistent performer, with cash flow that supports the price point
  • $141 ADR and a $93 RevPar (May 2025 STR)
  • Ownership transfer PIP is available and is manageable
  • Developed and built by one of Nebraska’s most respected and highest rated developers
  • Newer tankless water heaters, both domestic and laundry
  • Newer dehumidification system
  • A variety of suites including those with sitting areas and 2 TVs.
  • Very nice indoor pool
  • New Harrah’s full-service gaming and racing casino is nearby, & opened May, 2024
  • Highly rated on IHG (4.8) and on the travel websites
  • Hwy 30 frontage between Menard’s and a Super Walmart
  • 90 keys

Highlights

  • **** Notable national & global employers: ****
  • Behlen Manufacturing Co, (ag equipment)
  • Becton Dickinson (medical products)
  • Archer Daniels Midland (ADM) (food processing)
  • Cargill (crop production)
  • Vishay (electronics)
  • Menard’s (retail)
  • ***** Other attractions: *****
  • Harrah’s Racetrack & Casino (gaming & thoroughbred racing)
  • Andrew Jackson Higgins National Memorial
  • Pawnee Plunge Water Park
  • 90 keys

Location

Address as shown by the lister.

Get directions

About this area - Columbus

Population
27,172
Housing units
11,540
Land area
292.9 sq mi
County
Platte

Neighborhood

Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.

Documents, links and contacts

Frequently asked questions

What is the asking price of Commercial Property for Sale in Nebraska 68601?

Commercial Property for Sale in Nebraska 68601 is listed at $9,900,000.

Where is Commercial Property for Sale in Nebraska 68601 located?

The property is in 524 23rd St. ,, Columbus, Nebraska 68601, Platte County.

What type of property is this?

This is a lodging and hospitality for sale in the commercial category.

Is financing available?

The lister indicates: Third Party Financing.

Who do I contact about this listing?

Brent Jaynes of Leisure Real Estate Advisors, LLC listed this property. Use the Request Info button to send a message or call (913) 499-4731.

When was this listing published?

It was published on January 22, 2026 and last updated on January 22, 2026.

Listing information

Listing ID
CL-Nebraska-27297
Published
Jan 22, 2026
Last updated
Jan 22, 2026
Views
278

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Disclaimer: LoopingCloud is a social listing portal that connects real estate professionals, service providers, buyers, and sellers. All property information, descriptions, availability, financial details, and any offerings are provided by the respective lister or service provider and are not independently verified by LoopingCloud.

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