Own your own building on the O Street corridor

Office for Sale
Catylist Listing ID: 30502123
Property Subtypes: Business Park, Office Building
Building Size (RSF): 5,080 SF
Gross Land Area: 6,342 SF
Sale Price: $639,000
Unit Price: $125.79 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: 10/13/2019

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
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

View FullscreenMap

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

Contact

© Copyright 2001-2019 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Midlands Regional CIE nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.