Retail-Commercial For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30393725
Property Subtypes: Street Retail
Building Size (RSF): 5,330 SF
Gross Land Area: 6,333 SF
Sale Price: $600,000
Unit Price: $112.57 PSF
Property Use Type: Vacant/Owner-User
Usable Size (USF): 5,330 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/13/2019

Overview / Comments

What an opportunity. A storefront building right on the corner of South 9th Street and O Street. On the same block as the newly proposed downtown hotel complex. This is a tremendous opportunity for the creatively minded person or entity. There are several off street parking spaces that go along with the building to the rear of the property. Some of the highest traffic counts in Lincoln and talk about location!

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $3,535 (Annual)
Tax Value Land $151,990
Tax Value Improvements $184,200
Assessed Value - Total($) $336,190 (Annual)

Additional Details

Nearest MSA: Lincoln
County: Lancaster
Taxing Authority: Lancaster County
Tax ID/APN: 10-26-201-010-000
Zoning: B-4
Retail Clientele: General, Business, Traveler, Tourist, Convention
Largest Nearby Street: O Street and N Street, the east side of South 9th Street
Highway Access: US Hwy 34
Airports: Lincoln Municipal
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 5,330 SF
Property Condition: Fair
Year Built: 1947
Roof Type: Flat
Construction/Siding: Brick
Total Parking Spaces: 3
Parking Type: Other
Parking Description: Off street/On street
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Other
Internet Access: Other
Zoning Description: B-4
Lot Frontage: 48'
Lot Depth: 142'
Water Service: Municipal
Sewer Type: Municipal
Easements: Other
Land Ownership: FeeSimple
Legal Description: Lengthy - Call Agent.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 22,839 107,619 229,758
Median Age: 26.43 30.84 34.04
Households: 7,906 42,599 92,859

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