Retail-Commercial For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30425461
Property Subtypes: Free-Standing Building
Building Size (RSF): 5,130 SF
Gross Land Area: 7,100 SF
Sale Price: $495,000
Unit Price: $96.49 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Usable Size (USF): 5,130 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/16/2019

Overview / Comments

Nice all brick building available for sale. Some drive up parking is available. The building has been cleaned and opened up. Soaring ceilings in places offer an abundance of natural light and the exposed brick interior walls lend themselves to the hip feel of this building. Could easily be a really cool office or retail space, or it could be converted to a multi tenant situation. This is a really neat opportunity in the heart of downtown Lincoln just across the street from a large, student housing development. Also available for lease #30360738. Co-listed with Julia Gale, #402-875-1047.

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $7,090 (Annual)

Additional Details

Nearest MSA: Lincoln
County: Lancaster
Taxing Authority: Lancaster County
Tax ID/APN: 10-26-214-001-000
Zoning: B-4
Retail Clientele: General, Business, Traveler, Tourist, Convention
Property Located Between: 10th & 11th Street, south side of M Street
Property Visibility: Good
Largest Nearby Street: South 10th Street/OStreet
Highway Access: US Hwy 34
Airports: Lincoln Municipal
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 5,130 SF
Property Condition: Good
Year Built: 1950
Year Renovated: 2019
Roof Type: Flat
Construction/Siding: Brick
Total Parking Spaces: 6
Parking Type: Surface
Parking Description: Located adjacent to the east
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Other
Lot Frontage: 50'
Lot Depth: 142'
Water Service: Municipal
Sewer Type: Municipal
Easements: Other
Land Ownership: Fee Simple
Legal Description: Lincoln Original, Block 87, Lot 3

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 23,121 118,385 236,870
Median Age: 26.75 30.99 34.32
Households: 8,165 46,957 95,715
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.