For sale
$125,000
Retail property
3,950 SF building0.25 acres lot
$32/SF (asking price ÷ building area)
214 South MainScotia, NE 68875
Listing courtesy of Wolf, Inc. Auction & Real Estate · MyStateMLS #11994486
For sale
$210,000
2,300 SF building0.07 acre lotBuilt 1900
612 CentralNebraska City, NE 68410
Retail property (from the listing description) · Restaurant premises · MLS 12038409 · Listed 13 days ago (Oct 22, 2026)
Active: Listed and available according to the MyStateMLS feed.
About this property
Own the building AND the business at The Wagon Wheel, an operating bar and grill in historic downtown Nebraska City, with four upstairs rentals (3 occupied, 1 vacant). Sale includes seller-owned kitchen equipment, furnishings, POS hardware, supplies and liquor inventory, subject to exclusions. Pool, darts, enclosed patio and a vendor gaming commission arrangement, subject to approval. Rated 4.4 stars on Google (183 reviews). 2025 tax schedules report $218,871 in bar receipts. Whether you're an owner-operator, hospitality entrepreneur, or investor looking for mixed-use real estate in Otoe County, this is a rare chance to own a downtown Nebraska City bar, building and rental income in one purchase. Request the offering brochure for a closer look at the property fact sheet, 2025 bar and rental financials, current rent roll, included equipment and assets, building systems, and guest reviews. Continued operation is subject to applicable licensing and approvals.
Description provided by the listing brokerage.
Key facts
- Asking price
- $210,000
- Status
- For sale
- Property type
- RetailFrom the listing description
- Building area
- 2,300 SFSource field LivingArea
- Land area
- 0.07 acresSource field LotSizeAcres
- Year built
- 1900
- MLS number
- 12038409
Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.
Price
- Asking price
- $210,000
- Price per SF of building
- $91/SFAsking price ÷ 2,300 SF reported building area
- Annual taxes
- $1,533Tax year 2025
Building and site
- County
- Otoe County
Reported features
- Natural gas (from a listing field)
- Public water (from a listing field)
A mention is not a specification. Confirm power, clear height, doors, parking and code compliance for your use with the listing representative and your own advisers.
Listing details
Flooring
- Hardwood
- Carpet
Basement
- Unfinished
Heating
- Forced Air
- Natural Gas
Construction
- Brick
Roof
- Rubber
Water
- Public (Water Source)
Sewer
- Other
Location
The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Nebraska City or retail property in Nebraska City.
Why this listing is on Commercial Only
- Property type as the listing describes it. (description: "…siness at the wagon wheel, an operating bar and grill in historic downtown nebraska city, wit…")
- MLS property class detail. (PropertyTypeDetail: comm-building)
How listings qualify. Something wrong? Report it.
Price and status history
Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.
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Guides
Listing courtesy of Milton Schneider. Listing agent: Milton Schneider. Listings provided by MyStateMLS.
Listing last modified at the source Oct 23, 2026, 3:59 AM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 3:01 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.