Stand-alone professional office building for sale, N 48th St frontage

Office for Sale
Sale Pending/Contingent
Catylist Listing ID: 30156668
Property Subtypes: Office Building
Status: Pending/Contingent
Building Size (RSF): 3,268 SF
Gross Building Area: 3,600 SF
Gross Land Area: 12,744 SF
Sale Price: $340,000
Unit Price: $104.04 PSF
Property Use Type: Vacant/Owner-User, Business
Class of Space: Class C
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 9
Last Updated: 10/6/2018

Overview / Comments

Former Law Office features generous sized lobby/reception area, 5 offices, 2 conference areas, 2 bathroom areas on main lobby. The downstairs features an entertainment area with a fully equipped bar, 2 additional bathroom areas, 3 office areas and an abundance of storage. Approximately 155 feet of N. Vine Street frontage and dedicated parking spaces. Back-up offers only.

Attachments & Media

Additional Details

Nearest MSA: Lincoln
County: Lancaster
Taxing Authority: Lancaster County, Lincoln NE
Tax ID/APN: 17-20-238-002-000
Property Located Between: Vine Street and Wilshire Blvd.
Property Visibility: Excellent
Site Description: This office building has desirable N. 48th frontage, a newer roof and front windows new in 2015.
Area Description: Business district
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,400 SF
Year Built: 1955
Year Renovated: 2002
Roof Type: Gable
Construction/Siding: Block
Exterior Description: Block with EIFS
Parking Type: Surface
Parking Description: Asphalt
Total Parking Spaces: 19
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Other
Internet Access: Cable
Zoning Description: H2-Highway Business district
Land Ownership: Owned
Legal Description: BARNES ADDITION TO NEWMAN, Lot B, N151.3' S426.3' E84' W150'

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,219 138,031 219,522
Median Age: 31.24 34.12 34.19
Households: 6,526 57,726 90,400


Photograph of Listing Agent

William G Krein

Krein Real Estate
MRCIE Member
© Copyright 2001-2018 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Midlands Regional CIE nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.