South Central Lincoln Office or Medical Space

Office for Sale
Catylist Listing ID: 30648330
Property Subtypes: Business Park, Medical, Mixed Use, Office Building
Condo? Yes
Building Size (RSF): 4,272 SF
Gross Building Area: See Agent
Sale Price: $474,995
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Plaza Mall South
Class of Space: Class B
Usable Size (USF): 4,272 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/21/2020

Overview / Comments

Office or medical condo with offices, reception, break room, and open area with south exposure daylight. Package contains Unit 335 offices, which are 2991 sf, and next door Unit 315, which is 1291 sf and perfect for small private work-out space. Total is 4272 feet contiguous. For lease $8 NNN (NNN's $6.37 including utilities) or for sale $474,995. Zoned B-1. Several businesses in Plaza Mall South have done beautiful condo remodels, and building contains a mix of dental, dermatology, insurance, financial, legal representation, and construction related companies. For ideas of other offices for sale, see also 811 S. 13th and 130 Cherry Hill Blvd.

Additional Details

Nearest MSA: Lincoln
County: Lancaster
Taxing Authority: Lancaster County
Tax ID/APN: 17-31-200-017-035, 17-31-200-017-36
Is Condo?: Yes
Zoning: B1-LOCAL BUSINESS DISTRICT
Property Located Between: Near 40th & South Streets Intersection off Normal Blvd in central Lincoln.
Airports: Lincoln Municipal
Site Description: Completely updated with modern flare, 3rd floor unit has windows with excellent south exposure lighting.
Area Description: Quick access to downtown via Normal Blvd. and Capitol Parkway; 15 minutes from most areas of Lincoln.
Number of Stories: 3
Year Built: 1984
Construction/Siding: Brick
Exterior Description: Office Condominium
Parking Type: Structure, Surface
Parking Description: Four to five private covered spaces available for upcharge. Customer parking street level.
Total Parking Spaces: 5
Sprinklers: Wet
Internet Access: Cable, DSL, Fiber Optic
Interior Description: Recently upgraded, interior has all the current modern finishes.
Zoning Description: B1-Local Business District
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Plaza Mall South Condominium Replat, Units #315 and 335

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,504 147,260 236,933
Median Age: 36.98 35.29 34.74
Households: 8,417 61,208 96,137
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