2324 O StLincoln, NE 68510

For Sale
$895,000

Lincoln, NE: 6,600 sq ft, flexible space.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 6,600-square-foot commercial property, located at 2324 O Street in Lincoln, Nebraska, presents a compelling investment opportunity. Situated on a 10,650-square-foot lot, this single-story, owner-occupied building boasts a versatile layout suitable for various uses. Built in 1900 and renovated in 2010, the property features a ceiling height ranging from 11 to 16 feet, providing ample space and flexibility. The B4 - Lincoln Center Business zoning allows for a wide range of commercial activities. Currently configured as a creative office, flex space, and storefront, this adaptable building offers significant potential. The property includes one unit with 6,600 square feet of net rentable space, priced at $135.61 per square foot. The asking price is $895,000. The property benefits from a high-traffic location on O Street, east of downtown Lincoln. Additional income is generated from billboard signage, currently yielding $3,750 annually, with potential for immediate increase. The property's features include one building, no loading docks, and a single tenancy. The APN is 10-24-438-012-000. This is a truly unique opportunity to acquire a well-located, adaptable commercial property in a thriving Lincoln neighborhood.

Highlights

  • 6,600 SF single-story building on a 10,650 SF lot in Lincoln, NE.
  • B4-Lincoln Center Business zoning allows for diverse commercial uses.
  • High-traffic O Street location, east of downtown.
  • $895,000 asking price ($135.61/SF); currently owner-occupied with one 6,600 SF tenant.
  • Annual billboard income of $3,750 with upside potential.

Property Details for 2324 O St

Property type
Other retail properties, Individual retail properties
Square Feet
6,600 SF
Class
C
Year Built/Renovated
1900/2010
Buildings
1
Stories
1
Units
1

Location Insight

City
Lincoln
County
Lancaster
State
Nebraska
Latitude
40.813628188246
Longitude
-96.687558960057
2324 O St, Lincoln, Nebraska

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2324 O St
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