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Shorty's Bar & Grill, LLC 415-417 Saint James Ave 4,332 SF 100% Leased Retail Building Wynot, NE 68792 $172,367 CAD ($39.79 CAD/SF) 15.50% Cap Rate
Investment Highlights
- Consistent Apartment income x 2
- Commercial kitchen Rental
- Bar/restaraunt rental income or business income
Executive Summary
Unique Commercial Opportunity with Income Potential!
This former bar and restaurant property offers a variety of possibilities for an entrepreneur or investor. While the bar/restaurant is not currently in operation, the building is equipped with two commercial kitchens, creating opportunities for a restaurant, catering business, food production, or shared kitchen concept.
The upper level features two apartments. One apartment is currently habitable, while the second offers the opportunity for remodeling and value-added improvements. Each apartment has its own separate electric meter and water submeter, making tenant billing convenient.
A standout feature of this property is the potential to generate additional income by leasing one of the commercial kitchens on a daily or short-term basis to local food producers. The space could be ideal for bakers, honey bottlers, specialty food manufacturers, meal prep businesses, or others needing access to a licensed commercial kitchen.
Whether you're looking to reopen the restaurant, create a multi-use commercial space, or invest in a property with multiple income streams, this building offers exceptional potential.
This former bar and restaurant property offers a variety of possibilities for an entrepreneur or investor. While the bar/restaurant is not currently in operation, the building is equipped with two commercial kitchens, creating opportunities for a restaurant, catering business, food production, or shared kitchen concept.
The upper level features two apartments. One apartment is currently habitable, while the second offers the opportunity for remodeling and value-added improvements. Each apartment has its own separate electric meter and water submeter, making tenant billing convenient.
A standout feature of this property is the potential to generate additional income by leasing one of the commercial kitchens on a daily or short-term basis to local food producers. The space could be ideal for bakers, honey bottlers, specialty food manufacturers, meal prep businesses, or others needing access to a licensed commercial kitchen.
Whether you're looking to reopen the restaurant, create a multi-use commercial space, or invest in a property with multiple income streams, this building offers exceptional potential.
Financial Summary (Pro Forma - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$19,857
|
$4.58
|
| Other Income |
$8,274
|
$1.91
|
| Vacancy Loss |
$1,379
|
$0.32
|
| Effective Gross Income |
$26,751
|
$6.18
|
| Taxes |
$250
|
$0.06
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$250
|
$0.06
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $19,857 |
| Annual Per SF | $4.58 |
| Other Income (CAD) | |
|---|---|
| Annual | $8,274 |
| Annual Per SF | $1.91 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $1,379 |
| Annual Per SF | $0.32 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $26,751 |
| Annual Per SF | $6.18 |
| Taxes (CAD) | |
|---|---|
| Annual | $250 |
| Annual Per SF | $0.06 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $250 |
| Annual Per SF | $0.06 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,332 SF
Building Class
C
Year Built
1900
Price
$172,367 CAD
Price Per SF
$39.79 CAD
Cap Rate
15.50%
NOI
$26,717 CAD
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.62
Lot Size
0.16 AC
Amenities
- Smoke Detector
- Smoke Detector
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 7922.00 | Total Assessment | $23,058 CAD (2025) |
| Land Assessment | $4,949 CAD (2025) | Annual Taxes | $250 CAD ($0.06 CAD/SF) |
| Improvements Assessment | $18,109 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
7922.00
Land Assessment
$4,949 CAD (2025)
Improvements Assessment
$18,109 CAD (2025)
Total Assessment
$23,058 CAD (2025)
Annual Taxes
$250 CAD ($0.06 CAD/SF)
Tax Year
2026
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Presented by
Whitmire & Associates Realty & Property Management
Shorty's Bar & Grill, LLC | 415-417 Saint James Ave
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