Gates Building

Industrial for Sale
Sale Pending
Catylist Listing ID: 30779826
Property Subtypes: Flex Space, Free-Standing, Light Industrial, Warehouse/Distribution, Other
Status: Pending
Building Size (RSF): 5,100 SF
Gross Building Area: 5 SF
Gross Land Area: 33,961 SF
Sale Price: $550,000
Unit Price: $107.84 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Business
Building Name: Gates Building
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/21/2022

Overview / Comments

Unique opportunity to purchase a building and additional lots (plus a SFR) on South 27th Street. Property is located just south of Randolph Street with approximately 100 feet of South 27th Street frontage. Property consists of a commercial building with 5,100 Sq Ft including 400 sq ft office, and the balance as a shop warehouse, building was an Automotive repair shop in the past and has two pits in the building. To the rear are three additional lots one of which has a Single Family, 2 Story Home, with about 1,464 Sq Ft and a separate garage of 864 Sq Ft. Commercail Building is zoned B-3 and the other lots are zoned R-2.

Additional Details

Nearest MSA: Lincoln
County: Lancaster
Taxing Authority: Lancaster County Nebraska
Tax ID/APN: 17-30-300-064-000 and 17-30-300-063-000 and 17-30-300-001-000 and 17-30-300-061-000
Zoning: B-3 AND R-2
Property Located Between: Randoph Street, F Street and S 27th Street.
Airports: Lincoln
Site Description: Flat
Area Description: Property has S 27th Street frontage with commercial buildings along this area of S 27th Street, with residential properties to the east.
Tenancy: Single Tenant
Total Number of Buildings: 2
Property Condition: Fair
Year Built: 1926
Roof Type: Other
Parking Type: Surface
Parking Description: Parking on the side, front and rear of the building
Interior Description: Office of about 400 Sq Ft and Shop/Warehouse of 4,700 Sq Ft
Zoning Description: Commercial Building Zoned B-3 and the SFR Zoned R-2
In Flood Plain?: Yes
Lot Frontage: 100
Lot Depth: 300
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Catlins (M A) Subdivision, Lot 2-3, W15' & Lots 6-7 Ex WPT for St Condemned in Instrument #2978-27586 Catlins (M A) Subdivision, Lot 4-5 Catlins (M A) Subdivision, Lot 2-3, E 116' Catlins (M A) Subdivision, Lot 1, & Elm Place Lot 3 S 30'

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 29,264 137,747 244,422
Median Age: 30.22 33.16 34.59
Households: 12,024 56,748 98,449


© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Midlands Regional CIE nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.