Office For Sale

Office for Sale
Catylist Listing ID: 30662008
Property Subtypes: Office Building
Building Size (RSF): 4,792 SF
Gross Land Area: 6,694 SF
Sale Price: $895,000
Unit Price: $186.77 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Class of Space: Class A
Usable Size (USF): 4,792 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/28/2020

Overview / Comments

Here you go. This is a generational opportunity. A free standing law office, with its own parking lot located right off the NEC of 16th & O Street. This property is literally right across the street from the Federal Building, and a short walk to the State Capital. The entire block this property is located on has experienced a breath of fresh air, with several dining establishments, Eagle Printing, and the recently refurbished Economy Performance building. This is a rare opportunity that does not come along that often. Other uses are definitely allowed. Don't miss it!

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $7,070 (Annual)
Tax Value Land $162,700
Tax Value Improvements $207,200
Assessed Value - Total($) $369,900 (Annual)

Additional Details

Nearest MSA: Lincoln
County: Lancaster
Taxing Authority: Lancaster County
Tax ID/APN: 1024324008000 & 1024324006000
Zoning: B-4
Property Located Between: 1/2 Block North of 16th & O Street
Property Visibility: Excellent
Highway Access: O St/US 34
Airports: Lincoln Municipal Airport
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 1,916 SF
Year Built: 1924
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Directly to the West of the rear of the building.
Total Parking Spaces: 15
Sprinklers: None
Heat Type: Electricity, Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Other
Zoning Description: B-4
Lot Frontage: 47.3'
Lot Depth: 100'
Water Service: Municipal
Sewer Type: Municipal
Easements: Other
Land Ownership: Fee Simple
Legal Description: Lengthy - Contact Listing Agent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 27,836 120,619 234,624
Median Age: 26.65 30.92 34.1
Households: 10,138 48,642 94,840

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