701 P StLincoln, NE 68508

  • Office properties
  • 11,220 SF
For Lease
$24/SF/YR View listing

Property Details for 701 P St

Year built
1910
Lot size
0.07 AC
Property size (Sq ft)
11,220 SF
Zone code
B4
Property type
Office properties
APN
10-23-427-004-001
APU
1023427004001

Description

This stunning Class A office building, originally constructed in the late 1800s for the Beatrice Creamery Company, offers a unique blend of historic charm and modern amenities. Located in the heart of Lincoln's vibrant Haymarket district, this redeveloped warehouse provides exceptional office space in a thriving community. The Creamery Building boasts 23,596 square feet of total space, with multiple tenancy options available. Currently, two spaces are available, ranging from 740 to 3,160 square feet, perfect for businesses seeking traditional office space, executive suites, or co-working environments. The building features elevators for convenient access to all floors. Its prime location offers both wonderful office views and proximity to busy retail corridors, providing excellent visibility and access to a diverse clientele. The building's rich history and central location within the Haymarket district create an unparalleled opportunity for businesses seeking a prestigious and dynamic work environment in Lancaster County, Nebraska. The property is categorized as both Office and Retail, offering flexibility for various business needs. This is a rare opportunity to establish your business in a landmark building within a bustling and historic neighborhood. The address is 701 P Street, Lincoln, NE 68508.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,216,607
    6.5%
    $2,046,099
    7%
    $1,899,949
  • Comparable approach

    Method
    Valuation
    Relative Method
    $802,567
    Geo Method
    $802,567
  • Alternative Use

    Use
    Valuation
    Residential
    $2,537,162
    Hospitality
    $2,324,027
    Educational
    $1,933,563
    Medical
    $2,000,062
    Retail
    $3,007,765

Location Insight

City
Lincoln
County
Lancaster
State
Nebraska
Latitude
40.8144
Longitude
-96.7111
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
$15,008
$132,300
$707,400
$839,700
-
$132,300
$707,400
$839,700

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].