Downtown Redevelopment Opportunity

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30745611
Property Subtypes: Free-Standing Building
Status: Pending
Building Size (RSF): 52,719 SF
Gross Building Area: See Agent
Sale Price: $1,400,000
Unit Price: $26.56 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/24/2021

Overview / Comments

This site is just blocks from the University of Nebraska and the Historic Haymarket, which presents an opportunity for it to be re-purposed or redeveloped. Former fitness center in downtown Lincoln with approximately 52,719 SF on five levels. The first and second floor include area in the adjacent building which has been converted to condos. The facility has six at, or above grade levels and the lower level which contains a pool, locker room, and mechanical/trash areas.

Additional Details

Nearest MSA: Lincoln
County: Lancaster
Tax ID/APN: 1023430009000
Tenancy: Single Tenant

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 24,565 118,323 236,323
Median Age: 26.61 30.91 34.06
Households: 8,726 47,396 95,431

Contact

Photograph of Listing Agent

Thomas Graf, CCIM

NAI FMA Realty MRCIE Member
Photograph of Listing Agent

Jared Froehlich

NAI FMA Realty MRCIE Member
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