1427 O StLincoln, NE 68508

  • Commercial real estate
  • 4,625 SF
For Lease
$14/SF/YR View listing

Property Details for 1427 O St

Year built
1910
Lot size
0.08 AC
Property size (Sq ft)
4,625 SF
Zone code
B4
Property type
Commercial real estate
APN
10-25-100-006-000
APU
1025100006000

Description

This exceptional Lincoln, Nebraska property at 1427 O Street presents a unique redevelopment opportunity. The 6,208 square foot building, constructed in 1910, sits on a 3,553 square foot lot and boasts a prime downtown location. Currently zoned B-4, this two-story structure offers significant flexibility for a variety of uses. A substantial 4,625 square feet of space is immediately available, ideal for adaptive reuse. The building's history as a nightclub and its previous use as retail space showcase its adaptability. Imagine transforming this historic landmark into a modern office space, a vibrant event venue, an art gallery, or a completely new concept. The multiple tenancy option allows for diverse configurations to suit your specific needs. This is a rare chance to acquire a significant piece of Lincoln's downtown landscape, offering substantial potential for return on investment. The property's location on O Street ensures high visibility and accessibility. This is an exceptional opportunity for an investor or developer seeking a high-impact project in a thriving urban environment. The building's solid foundation and existing infrastructure provide a strong base for your vision. Contact us to explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,045,802
    Hospitality
    $957,949
    Educational
    $797,002
    Medical
    $824,413
    Retail
    $1,239,782

Location Insight

City
Lincoln
County
Lancaster
State
Nebraska
Latitude
40.8132
Longitude
-96.7004
CBSA code
30700
CBSA name
LINCOLN, NE METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$6,136
$149,100
$194,200
$343,300
-
$149,100
$194,200
$343,300

FAQs

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