Prominent Haymarket Location - 817 R St.

Retail-Commercial for Sale
Catylist Listing ID: 30631639
Property Subtypes: Free-Standing Building, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 7,276 SF
Gross Land Area: 7,500 SF
Sale Price: $1,750,000
Unit Price: $240.52 PSF
Ceiling: 22 ft.
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Building Name: Sullivan-Schamberg Transfer Co. Building
Usable Size (USF): 7,276 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/15/2020

Overview / Comments

Prominent Historic Haymarket location suitable for retail or office uses. Conveniently located at the 1st exit off of 180 into downtown Lincoln, this location allows for easy way-finding and excellent signage opportunities for maximum brand exposure.

Property is located adjacent to the City owned Haymarket Parking Garage which provides convenient next door parking for employees and customers. The property is also adjacent to the Hilton Garden Inn and the Courtyard by Marriot hotels. The property is within easy walking distance to the Pinnacle Bank Arena and Memorial Stadium on the University of Nebraska campus.

Building is very well kept and in excellent condition. Ceiling heights up to 22' and exposed brick walls allow for great flexibility.

Property is within a TIF eligible area.

Attachments & Media

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $4,550 (Annual)

Additional Details

Nearest MSA: Lincoln
County: Lancaster
Taxing Authority: City of Lincoln
Tax ID/APN: 10-23-414-023-000
Zoning: B-4
Retail Clientele: General, Business, Tourist, Convention
Property Located Between: 9th & 8th St. on P St.
Property Visibility: Excellent
Largest Nearby Street: 9th St and P St.
Feet of Frontage: 50
Highway Access: located at the 1st exit off of Interstate 180 heading into downtown Lincoln
Airports: Lincoln Municipal
Site Description: Prominent Historic Haymarket location suitable for retail or office uses. Conveniently located at the 1st exit off of 180 into downtown Lincoln, this location allows for easy way-finding and excellent signage opportunities for maximum brand exposure. Property is located adjacent to the City owned Haymarket Parking Garage which provides convenient next door parking for employees and customers. The property is also adjacent to the Hilton Garden Inn and the Courtyard by Marriot hotels. The property is within easy walking distance to the Pinnacle Bank Arena and Memorial Stadium on the University of Nebraska campus.
Area Description: Historic Haymarket area within downtown Lincoln
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 7,276 SF
Property Condition: Excellent
Year Built: 1903
Year Renovated: 2013
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Brick masonry
Total Parking Spaces: 75
Parking Type: Structure
Parking Description: Property is located adjacent to the City owned Haymarket Parking Garage which provides convenient next door parking for employees and customers.
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Fiber Optic
Interior Description: open floor plan in excellent condition
Zoning Description: B-4 consistent with all of downtown Lincoln
Lot Frontage: 50
Lot Depth: 142
Water Service: Municipal
Sewer Type: Municipal
Legal Description: LINCOLN ORIGINAL, BLOCK 30, Lot 4, & N1/2 VAC ALLEY ADJ

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,676 105,343 229,949
Median Age: 25.43 30.76 33.83
Households: 4,629 42,094 92,989

Contact

Photograph of Listing Agent

Todd A. Lorenz

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