Listing provided courtesy of Oak/Ember Real Estate Group- MLS# 20262405MLS ProviderContact Information: 4029221414

1525 16th StCentral City, NE 68826

Commercial · 12,400 Sq. ft. | 0.23 Acres
$275,000 Active

1525 16th St Overview

Time on Site:
74 days
Visits:
34

Nestled in the heart of a small town, this 1900 completely updated historic restaurant, exudes charm and character at every turn. The building boasts original architectural details such exterior brick walls. The large windows invite natural light to create a warm & inviting atmosphere. The formal dining area features all new comfortable seating and a floor plan that maintains an intimate vibe. The restaurant also offers a more casual seating area with a fully stocked bar. The kitchen is fully equipped with new commercial-grade appliances. It features all new stainless-steel range, ovens, refrigerators and prep stations ensuring it's ready to handle a bustling restaurant operation. A spacious pantry and walk in cooler provide ample storage while the prep area is designed for efficiency. If a restaurant isn't what you're envision, this historic building offers endless possibilities. Whatever your vision, it's rich history will ensure it's a space where dreams can come to life.

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1525 16th St Facts & Features

  • Type Commercial
  • Sq. ft. 12,400
  • Price/Sq.ft. $22
  • Lot 0.23 Acres

Details

General

Building Information

  • Year Built: 1900

Business Information

  • Current Use: Restaurant

Location/Region

  • County Or Parish: Merrick
  • MLS Area Major: RNE

Rent/Lease Information

  • Tenant Pays: None

Tax Information

  • Tax Annual Amount: 2468.00
  • Tax Year: 2025

General Information

  • Property Sub Type: Commercial
  • Property Type: Commercial

Interior

Parking Information

  • Garage Spaces: None

Building Interior

  • Building Area Total: 12400

General Information

  • Cooling: Central Air
  • Flooring: Tile,Wood,Part Carpet
  • Foundation Details: Crawl
  • Heating: Gas Forced Air

Exterior

Parking Information

  • Parking Features: Parking Spaces,Paved,Street Parking

Lot Information

  • Lot Size Acres: 0.2300
  • Lot Size Dimensions: 100X102

Waterfront/View

  • Waterfront: 0

Building Exterior/Construction

  • Construction Materials: Frame,Brick
  • Roof: Flat,Other

General Information

  • Number Of Units Total: 1
  • Utilities: Electricity Available,Natural Gas Available,Water Available,Sewer Available

1525 16th St Neighborhood

Community

68826 (Central City) Demographics

44
Median Age
26
Population Density (per sq. mile)
30%
College Educated
$56,875
Estimated Median Income
1,041
Estimated Total Home Owners
498
Estimated Total Renters
68% / 32%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1525 16th St Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1525 16th St Market Data

Based on the last 30 days in this zip code

$258,166
Average List Price
$1,193
Average Price per Square Foot
1
Properties Sold
112
Average Days on Market
6
Properties for Sale
Calculations provided by Reliance Network

1525 16th St History

Date Event Value Agent
4/16/2026Source: Grand Island MLS Added to Database
April 16, 2026