1111 O St Lincoln, NE 68508

This exceptional 76,334-square-foot, two-story office building located at 1111 O Street in Lincoln, Nebraska, presents a compelling redevelopment opportunity. Currently vacant, this Class B property, built in 1979, boasts a prime location at the corner of 12th and O Street. Previously utilized as a community college satellite campus, the building features a unique layout with spacious, open classrooms surrounding a large central hall. The second floor offers convenient access to Lincoln's Skywalk system, connecting it to numerous parking garages and other downtown buildings. A significant advantage is its direct connection to a city-owned parking garage, alleviating parking concerns. The city also owns and maintains the elevators servicing both the building and the garage. The property includes three-phase power and benefits from a newly installed roof (2022). Zoned B-4, this building offers significant potential for conversion into a multi-tenant office space, capitalizing on its desirable location and substantial square footage. The asking price is $5,200,000. This is a rare chance to acquire a substantial property in a thriving downtown area with excellent redevelopment potential.