Office Building on the O Street corridor
Office
for Sale
Sale Pending/Contingent
| Catylist Listing ID: |
30502123 |
| Property Subtypes: |
Business Park, Office Building
|
| Status: |
Pending/Contingent |
| Building Size (RSF): |
5,080 SF
|
| Gross Land Area: |
6,342 SF
|
| Sale Price: |
$559,000 |
| Unit Price: |
$110.04 PSF |
| Ceiling: |
9 ft. |
| Property Use Type: |
Vacant/Owner-User, Business |
| Class of Space: |
Class B |
| Usable Size (USF): |
4,920 SF |
| Sale Terms: |
Cash to Seller, Purchase Money Mortgage |
| Cap Rate: |
Undisclosed |
| Last Updated: |
3/1/2021 |
Overview / Comments
Opportunity for small companies to purchase, located in a business park in growing East Lincoln. 5080 SF Two-story building with 2540 SF being vacated by an insurance firm. One building partner, a CPA with 2380 SF in the lower level, may be willing to stay as a tenant. Originally designed as a condo regime, it is possible to subdivide into three units, and this is the way the property taxes are currently assessed.
|
Financials
| Finance Data Year |
2019 |
| Real Estate Taxes - Annual($) |
$4,920 (Annual) |
Additional Details
| Nearest MSA: |
Lincoln |
| County: |
Lancaster |
| Taxing Authority: |
Lancaster County |
| Tax ID/APN: |
Ask Realtor |
| Zoning: |
B2 |
| Property Located Between: |
Parker's Smokehouse and Cherry HIll Office Building |
| Property Visibility: |
Fair |
| Highway Access: |
O Street/Hwy 34 |
| Area Description: |
Near the Realtors Association building |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Year Built: |
1985 |
| Roof Type: |
Gable |
| Construction/Siding: |
Brick |
| Parking Type: |
Surface |
| Parking Description: |
Approximately 4 stalls for every 1000 sq. ft. |
| Total Parking Spaces: |
20 |
| Heat Type: |
Natural Gas |
| Heat Source: |
Central |
| Interior Description: |
Utilities are approximately 93 cents/sq. ft. and taxes are approximately $1.95/sq. ft. |
| Easements: |
Electric Lines |
| Easements Description: |
Easement for roads and water. Describes allocation of maintenance. |
| Legal Description: |
Several - ask agent |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
8,215 |
77,070 |
184,666 |
| Median Age: |
38.68 |
38.43 |
35.61 |
| Households: |
3,300 |
33,599 |
76,702 |
|
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