Retail-Commercial For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30584194
Property Subtypes: Mixed Use
Building Size (RSF): 23,100 SF
Gross Land Area: 8 Acres
Sale Price: $1,650,000
Unit Price: $71.43 PSF
Property Use Type: Investment
Usable Size (USF): 22,800 SF
Sale Terms: Cash to Seller
Last Updated: 3/13/2020

Overview / Comments

Building is well maintained and updated. New roof in 2017, newer parking lot, newer AC compressor in the retail area, newer sewer and water service. The site is 8 acres zoned H3 on one of the busiest access highways into Nebraska's capital city. There are two access drives onto West O/Hwy 6, and one access onto SW 19th Street. The primary I-80 access ramp is less than half a mile west. Dollar General occupies the front 8900 ft, with tow long term local tenants occupying 4000 ft +- 10,000 ft is available for lease or an owner occupant. This space has 3 phase power, reinforced floors, air lines, and dock access. Approximately 3.4 acres is available for further development on the back of the lot. The newer parking area has excess space for possible pad development as well.

Additional Details

Nearest MSA: Lincoln
County: Lancaster
Taxing Authority: Lancaster County
Tax ID/APN: 1028200023000
Retail Clientele: General
Property Located Between: I-80 and Downtown
Property Visibility: Excellent
Largest Nearby Street: O Street
Traffic/Vehicle Count: 18,790
Highway Access: Adjacent to Hwy 6
Airports: Lincoln Municipal Airport
Site Description: Slopping
Area Description: Mixed commercial
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 23,100 SF
Property Condition: Good
Year Built: 1968
Year Renovated: 2017
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Painted block
Total Parking Spaces: 80
Parking Type: Surface
Parking Description: Concrete surface
Heat Type: Natural Gas
Heat Source: Other
Internet Access: DSL
Interior Description: Clear span, open
Zoning Description: H3
Lot Frontage: 371
Lot Depth: 847
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Land Ownership: Fee SImple
Legal Description: S 28 T 10 R6, 6th PM Lots 37,71,72

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,594 70,221 156,941
Median Age: 27.75 29.21 31.51
Households: 1,389 25,334 61,436

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