The Historic Argo Hotel


Crofton, NE   Offered for sale at $500,000
 

Here is a once in a lifetime opportunity to own the Historic Argo Hotel in Crofton, NE. This property is currently being operated as a short-season,weekend bed & breakfast. It has adequate public restrooms and a modernized commercial kitchen that provides the opportunity for a full-timeoperation to enhance bar and restaurant revenue. Step inside the Historic Argo Hotel and you’ll be greeted by the grand staircase and lobby.This early 20th century bed & breakfast is on the National Register of Historic Places. On the main floor, you’ll find the main lobby and office, fulldining room with stage and piano, a main floor bar that reminds you of an old English pub, completely up-to-date commercial kitchen, and a 1bedroom, 1 bathroom owner’s apartment. Upstairs, 11 guest rooms await consisting of 5 large suites, 4 spacious private guest rooms, and 2additional guest rooms with semi-private bathrooms. Walk to the garden level and you will find the second operational commercial bar. With itsseparate entrance, jukebox, player piano, disco ball, library theme, and ample room, this would make the perfect speakeasy. This is where you’ll find a fascinating portrait of Argo’s most prominent “resident” Alice. There is a large rumpus room, along with two storage areas, wine cellar, and a private rec room that would make a fantastic mini theater. Outside the property, enjoy the great outdoors on the large shaded front porch. Next to the hotel is a large green space or garden area with a detached 2-car garage. Situated on a corner lot provides ample street parking. This property has huge upside revenue potential as a hotel, bed and breakfast, bar, restaurant, you name it! The sky is the limit.



Property Details
Financial Details
  • Offered for sale at $500,000
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