Office Building for Sale

Office for Sale
Catylist Listing ID: 30509617
Property Subtypes: Office Building
Building Size (RSF): 3,576 SF
Gross Building Area: See Agent
Gross Land Area: 0.81 Acres
Sale Price: $450,000
Unit Price: $125.84 PSF
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/4/2020

Overview / Comments

This is a nicely finished, well-laid out office building in southwest Lincoln just south of O Street and convenient to downtown Lincoln and the Haymarket. Located on a corner lot, this 3,576 building includes a large lobby, 11 private offices, 2 conference/group work rooms, 3 restrooms, storage area, open work area, and a small kitchen. Level 0.81 acre lot with paved, off-street parking, and large shade trees provides room for expansion. Easy access to US 6, US 77, and I-80.

Located in an Opportunity Zone and TIF may be available.

The adjacent 0.92 acre parcel of land is also available.

Attachments & Media

Additional Details

Nearest MSA: Lincoln
County: Lancaster
Tax ID/APN: 10-26-114-018-000
Property Located Between: South 1st and 2nd Sts (1/4 south of "O" Street)
Property Visibility: Fair
Highway Access: 0.2 mil to US 6; 2.0 mi to US 77; 2.3 mi to I-80
Airports: 4.5 mi to Lincoln Municipal Airport (LNK)
Site Description: Large, level corner lot
Area Description: A mix of residential and industrial
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1968
Roof Type: Gable
Construction/Siding: Brick, HardiePlank Siding
Exterior Description: Single story building with brick and cement board siding
Parking Type: Surface
Parking Description: Paved, off-street parking in front of the building
Total Parking Spaces: 17
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
In Flood Plain?: Yes
Lot Frontage: 200 ft
Lot Depth: 142 ft
Water Service: Municipal
Sewer Type: Municipal
Legal Description: LINCOLN ORIGINAL, BLOCK 78, Lot 1 - 5

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,822 104,540 207,869
Median Age: 25.44 30.62 33.34
Households: 4,250 40,101 83,862


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