Tack Room Properties LLC

Retail-Commercial for Sale
Catylist Listing ID: 30633764
Property Subtypes: Free-Standing Building, Restaurant, Tavern/Bar/Nightclub
Building Size (RSF): 2,920 SF
Gross Land Area: 43,337 SF
Sale Price: $525,000
Unit Price: $179.79 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User, Business
Building Name: Tack Room Bar
Usable Size (USF): 2,920 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/26/2020

Overview / Comments

Talk about a variety of options. Buy it as a bar/restaurant. This place has some of the best burgers around and provides a great social hangout to many. Close to UNL activities/sporting events and tons of character. Plenty of parking and highly visible. Or you can change directions and use the great location to turn it into your own brand of uniqueness. The liberal H-3 zoning offers numerous possibilities. Get creative or keep what it is. A win, win either way. Co-listed with Kalen Petrie 402-314-5704.

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $5,612 (Annual)
Tax Value Land $244,200
Tax Value Improvements $77,900
Tax Value Personal Property $312,100

Additional Details

Nearest MSA: Lincoln
County: Lancaster
Taxing Authority: Lancaster County
Tax ID/APN: 1113100025000
Zoning: H-3
Retail Clientele: Other
Property Located Between: North 14th Street & Cornhusker Hwy
Property Visibility: Good
Largest Nearby Street: Cornhusker Hwy
Feet of Frontage: 195
Highway Access: Cornhusker/US Hwy 6
Airports: Lincoln Municipal Airport
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,920 SF
Property Condition: Good
Year Built: 1965
Roof Type: Flat
Construction/Siding: Vinyl Siding
Exterior Description: Wood Frame/Vinyl Siding
Total Parking Spaces: 50
Parking Type: Surface
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Other
Internet Access: Other
Zoning Description: Highway Commercial
In Flood Plain?: Yes
Lot Frontage: 195
Lot Depth: 303
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple
Legal Description: S 13, T 10, R 6, 6th Principal Meridian, IT, Lot 139 NW

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,457 102,125 202,828
Median Age: 29.21 29.42 33.32
Households: 5,138 40,558 81,847

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