1630 O Street

Retail-Commercial for Sale
Catylist Listing ID: 30351741
Property Subtypes: Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 3,300 SF
Gross Land Area: 0.08 Acres
Sale Price: $170,000
Unit Price: $51.52 PSF
Ceiling: 12 ft.
Property Use Type: Vacant/Owner-User
Usable Size (USF): 3,300 SF
Sale Terms: Cash to Seller
Cap Rate: 11.6%
Last Updated: 11/19/2018

Overview / Comments

O Street frontage retail building for sale at a very reasonable price. 3,300 SF on main floor that used to be The Spigot bar and is currently vacant. Has an additional 1,275 SF of unfinished 2nd floor space which could be living or office space. Only blocks away from UNL and directly on O Street in the heart of downtown Lincoln.

Additional Details

Nearest MSA: Lincoln
County: Lancaster
Tax ID/APN: 10-24-324-017-000
Zoning: B-4
Retail Clientele: General
Property Located Between: Located on the north side of O Street between 16th and 17th Street.
Property Visibility: Excellent
Largest Nearby Street: O Street
Feet of Frontage: 25
Highway Access: 4 miles to interstate: I-80 and US 77
Airports: 5 miles to Lincoln Municipal Airport
Area Description: On "O" Street in the heart of downtown Lincoln
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 3,300 SF
Property Condition: Average
Year Built: 1910
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Brick exterior
Total Parking Spaces: 2
Parking Type: Surface
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Other
Interior Description: The main floor is 3,300 SF that used to be a bar and is currently vacant and for rent. The 2nd floor 1,275 SF that is unfinished and could be office or living space.
Zoning Description: B-4
Lot Frontage: 25
Lot Depth: 132
Water Service: Municipal
Sewer Type: Municipal
Legal Description: COUNTY CLERKS SUBDIVISION (OF LOT 65 LITTLES SUB 24-10-6), Lot 14

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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


Photograph of Listing Agent

Josh A Neill

PrimeSites MRCIE Member
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