1140 O StLincoln, NE 68508

Property Details for 1140 O St

Year built

1900

Lot size

0.08 AC

Property size (Sq ft)

11,160 SF

Zone code

B4

Property type

Commercial real estate

APN

10-23-431-021-000

APU

1023431021000

Description

This exceptional Lincoln, Nebraska redevelopment opportunity presents a unique chance to acquire a three-story, 5,906 square foot commercial property located at 1140 O St, zip code 68508. Currently configured as a bar and restaurant, the first floor boasts a fully functional commercial kitchen and hospitality space, ready for immediate use or creative adaptation. The upper two floors offer a blank canvas, perfect for a complete renovation to suit a wide range of uses. The building, constructed in 1990, sits on a 3,553 square foot lot and is zoned B4 - Lincoln Center Business, allowing for diverse development possibilities. The asking price is $1,450,000. This prime downtown location offers significant potential for a savvy investor seeking to capitalize on the vibrant Lincoln market. The substantial square footage and flexible zoning provide ample room for expansion, customization, and the creation of a truly unique and profitable venture. The existing infrastructure on the first floor provides a solid foundation for a quick start, while the upper floors offer limitless potential for creative design and expansion. Don't miss this chance to acquire a significant piece of Lincoln's thriving commercial landscape.

• Alternative Use

  Use

  Valuation

  Residential

  $2,523,535

  Hospitality

  $2,311,544

  Educational

  $1,923,178

  Medical

  $1,989,319

  Retail

  $2,991,610

Location Insight

City

Lincoln

County

Lancaster

State

Nebraska

Latitude

40.814

Longitude

-96.7044

CBSA code

30700

CBSA name

LINCOLN, NE METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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