China Buffet building plus Apartments Above

Retail-Commercial for Sale
Catylist Listing ID: 30789180
Property Subtypes: Restaurant, Other
Building Size (RSF): 8,078 SF
Gross Building Area: See Agent
Gross Land Area: 4,400 SF
Sale Price: $89,000
Unit Price: $11.02 PSF
Property Use Type: Business
Building Name: China Buffet
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 4/26/2022

Overview / Comments

Huge Commercial/Residential building, 8, 098 square feet plus unfinished basement. On the main level there is a China Buffet restaurant, established long term tenants, plus an office building on the south side with a lobby area, private office & half bath. The upper level offers 1 large apartment that is finished & rented with long term tenants. And other apartments above that could be finished off. Newer roof. Call Lunzmann Realty to inquire. 402-414-0125.

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Additional Details

Nearest MSA: Lincoln
County: Nemaha
Submarket Type: Redevelopment District
Taxing Authority: Nemaha County
Tax ID/APN: 640034543
Zoning: COMMERCIAL
Retail Clientele: Family, Business, Traveler
Property Located Between: Along Courthouse Ave/Highway 75 & 13th Street
Largest Nearby Street: Highway 75
Highway Access: Direct access from Highway 75
Airports: Auburn Municipal
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 4,039 SF
Property Condition: Fair
Year Built: 1900
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Brick
Total Parking Spaces: 15
Parking Type: Surface
Parking Description: Paved public parking lot, Courthouse Ave & highway 75 direct access plus 13th Street parking as well.
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Other
Internet Access: Fiber Optic
Interior Description: Restaurant plus storage/office to the south. Apartments above (currently 100% rented through May 2024 for $1,000/Month.
Zoning Description: Commercial
Lot Frontage: 55
Lot Depth: 80
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Land Ownership: Fee Simple
Legal Description: HOWE, NIXON & WILSON ADD TO AUBURN BLK 8 N50' LTS 1, 2, 3

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 860 3,653 4,904
Median Age: 38.78 42.46 42.89
Households: 366 1,580 2,108

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