Price Lowered. Office 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: |
$559,000 |
| Unit Price: |
$110.04 PSF |
| Ceiling: |
9 ft. |
| Property Use Type: |
Vacant/Owner-User, Business |
| Class of Space: |
Class B |
| Usable Size (USF): |
4,920 SF |
| Sale Terms: |
Cash to Seller, Purchase Money Mortgage |
| Cap Rate: |
Undisclosed |
| Last Updated: |
12/3/2020 |
Overview / Comments
Opportunity for small companies to purchase, located in a business park in growing East Lincoln. 5080 SF Two-story building with 2540 SF being vacated by an insurance firm. One building partner, a CPA with 2380 SF in the lower level, may be willing to stay as a tenant. Originally designed as a condo regime, it is possible to subdivide into three units, and this is the way the property taxes are currently assessed.
See also our other office buildings for sale at 800 S. 13th and 1631 Cushman Dr.
|
Financials
| Finance Data Year |
2019 |
| Real Estate Taxes - Annual($) |
$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 |
|
© Copyright 2001-2020 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.
|
