1309 M StLincoln, NE 68508

Property Details for 1309 M St

Year built

1948

Lot size

0.49 AC

Property size (Sq ft)

63,900 SF

Zone code

B4

Property type

Investment properties

Property subtype

Live-work space

APN

10-26-217-003-000

APU

1026217003000

Description

This exceptional commercial property, located just two blocks north of Nebraska's State Capitol in Lincoln's vibrant downtown, offers a unique opportunity for businesses seeking flexible and strategically positioned office space. The building is zoned B-4 and features multiple tenancy options, with available spaces ranging from a minimum of 1,348 square feet to a maximum contiguous space of 21,368 square feet. Currently, 12,721 square feet of space is vacant and ready for immediate occupancy. The property is ideal for both retail and office uses, catering to a variety of business needs. Its central location provides unparalleled convenience, with wide sidewalks, ample metered street parking, and easy access to bike lanes, bus stops, and nearby city parking garages ensuring convenient access for employees and clients alike. The property's address is identified by APN 1026217003000 in Lancaster County. Limited parking is available on-site with a total of 8 spaces. This is a rare opportunity to establish a presence in a high-traffic, highly visible area of Lincoln's downtown core. Contact us today to learn more about this exciting opportunity and to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $12,623,446

  6.5%

  $11,652,412

  7%

  $10,820,096

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,570,767

  Geo Method

  $4,570,767

• Alternative Use

  Use

  Valuation

  Residential

  $14,448,990

  Hospitality

  $13,235,197

  Educational

  $11,011,529

  Medical

  $11,390,232

  Retail

  $17,129,046

Location Insight

City

Lincoln

County

Lancaster

State

Nebraska

Latitude

40.8111

Longitude

-96.7022

CBSA code

30700

CBSA name

LINCOLN, NE METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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