5,390 SF Building for Restaurant/Retail/Flex or Auto Sales

Retail-Commercial for Sale
Also listed as Industrial
Catylist Listing ID: 30782256
Property Subtypes: Free-Standing Building, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Vehicle Related
Building Size (RSF): 5,390 SF
Gross Land Area: 0.52 Acres
Sale Price: $850,000
Unit Price: $157.70 PSF
Ceiling: 9 ft.
Property Use Type: Vacant/Owner-User
Building Name: Flexible Use (Restaurant, Retail, Car Sales)
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/21/2022

Overview / Comments

This I-1 zoned property is well-located along Sun Valley Blvd, one (1) block north of W. O St.

The I-1 zoning provides minimal setbacks and great flexibility as to the use of the property. The property is currently used as a bar/restaurant but could easily be converted to contractor services, retail and/or vehicle auto sales.

Two (2) existing pylon signs add visibility from W. O St.

Additional property highlights include:
• Close proximity to CBD and Haymarket District
• Excellent visibility
• Convenient Access
• Flexible I-1 Zoning
• Two (2) existing pylon signs
• New roof (1-Yr old)
• New AC Unit
• Commercial kitchen
• Three (3) Coolers
• Concrete parking lot in excellent condition

Attachments & Media

Additional Details

Nearest MSA: Lincoln
County: Lancaster
Taxing Authority: City of Lincoln
Tax ID/APN: 10-22-400-009-002
Zoning: I-1
Retail Clientele: General, Business
Property Visibility: Good
Largest Nearby Street: W. O St (Hwy 34)
Airports: Lincoln Municipal
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 5,390 SF
Property Condition: Good
Year Built: 1940
Year Renovated: 2001
Roof Type: Gable
Construction/Siding: Vinyl Siding
Total Parking Spaces: 39
Parking Type: Surface
Parking Description: Concrete parking lot is in excellent condition
Sprinklers: None
Heat Type: Natural Gas
Air Conditioning: Package Unit
Interior Description: Property is in good clean condition
Zoning Description: I-1 Industrial
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Unit 2, SUN VALLEY BLVD COMMERCIAL CONDOMINIUM REGIME, Lincoln, Nebraska

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,019 99,201 203,792
Median Age: 27.05 30.23 32.94
Households: 5,176 37,850 82,050

Contact

Photograph of Listing Agent

Todd A. Lorenz

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