1640 O Street Lord/Hudson dealer bldg

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30344550
Property Subtypes: Mixed Use, Street Retail
Status: Pending/Contingent
Building Size (RSF): 19,990 SF
Gross Land Area: 10,650 SF
Sale Price: $725,000
Unit Price: $36.27 PSF
Ceiling: 12 ft.
Property Use Type: Investment
Building Name: 1640 O Building-Lord/Hudson dealer bldg
Sale Terms: Other
Cap Rate: 7.82%
Last Updated: 1/2/2019

Overview / Comments

Investment building with tenants on the northwest corner of 17th & O. Approx 36,150 cars per day. Near UNL housing and Pershing. Some storage space is being cleaned out so that it can be available for rent. Big O Tattoo has been a tenant for years and other tenants are Salty Dog Cyclery and the new Das Haus club. Newer roof on part of the building. Rent rolls provided to you upon signing of a non-disclosure agreement. Afternoon showings are easiest to schedule with tenants. Tenants have notification rights–do not go direct to property, call 402-420-3239 first before going.

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $8,010 (Annual)

Additional Details

Nearest MSA: Lincoln
County: Lancaster
Tax ID/APN: 10-24-324-015-000
Zoning: B-4
Retail Clientele: General
Property Located Between: Images II is to the west and Bigler Motors is to the south.
Property Visibility: Excellent
Largest Nearby Street: O Street
Traffic/Vehicle Count: 36,150
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 2
Property Condition: Average
Year Built: 1910
Roof Type: Flat
Construction/Siding: Brick
Zoning Description: B4
Legal Description: COUNTY CLERKS SUBDIVISION (OF LOT 65 LITTLES SUB 24-10-6), Lot 16 - 18

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 29,179 121,493 234,624
Median Age: 26.83 31 34.1
Households: 10,730 48,979 94,840

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