Redevelopment Opportunity on Cornhusker Hwy
Hospitality
for Sale
Also listed as Industrial, Retail-Commercial
Catylist Listing ID: |
30762684 |
Property Subtypes: |
Extended Stay, Inn, Motel
|
Number of Units: |
24 Units |
Building Size (RSF): |
See Agent |
Gross Building Area: |
See Agent |
Gross Land Area: |
72,310 SF
|
Sale Price: |
$770,000 |
Unit Price: |
$32,083.33 Per Unit |
Property Use Type: |
Investment, Business |
Name of Establishment: |
Deluxe Inn |
Sale Terms: |
Undisclosed |
Last Updated: |
5/19/2022 |
Overview / Comments
Price Reduced! - The seller is becoming more motivated and is willing to negotiate on price with serious buyers!
5200 Cornhusker Hwy is a flat 1.66-acre lot located off of highly-trafficked Cornhusker Hwy. Two curb cuts and a designated left-turn lane give the property excellent accessibility. There are adjacent parcels available for sale as well. The buyer has the opportunity to own and operate the current motel or redevelop the property for another use. H3- Highway Commercial District zoning allows for tons of flexibility including educational, office, retail, light and heavy industrial, storage, and commercial uses.
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Additional Details
Nearest MSA: |
Lincoln |
County: |
Lancaster |
Tax ID/APN: |
17-08-200-009-000 |
Zoning: |
H3 - HIGHWAY COMMERCIAL DISTRICT |
Property Visibility: |
Excellent |
Largest Nearby Street: |
Cornhusker Hwy (Hwy 6) |
Feet of Frontage: |
270 |
Traffic/Vehicle Count: |
12,860 |
Highway Access: |
On Hwy 6 |
Site Description: |
This is a flat 1.66-acre lot located on highly-trafficked Cornhusker Hwy. The designated left turn lane gives the property excellent accessibility. H3- Highway Commercial District zoning allows for tons of flexibility from retail to industrial. |
Total Parking Spaces: |
40 |
Zoning Description: |
H3- Highway Commercial District zoning allows for tons of flexibility including educational, office, retail, light and heavy industrial, storage, and commercial uses. |
Lot Frontage: |
270 |
Lot Depth: |
268 |
Water Service: |
Municipal |
Legal Description: |
S8, T10, R7, 6TH PRINCIPAL MERIDIAN, LOT 232 NE |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
8,913 |
79,545 |
172,762 |
Median Age: |
35.92 |
31.1 |
32.92 |
Households: |
4,081 |
30,829 |
70,572 |
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