105 9Th StLincoln, NE 68508

For Sale
$2,000,000

Lincoln, NE: Prime 0.51-acre site. High traffic area.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 0.51-acre property, located at 105 S 9th St in Lincoln, Nebraska's vibrant Haymarket district, presents a compelling redevelopment opportunity. The existing three-story, 65,760 square foot parking garage, built in 1950, features 187 parking stalls and sits within a 20-year Tax Increment Financing (TIF) district. Boasting a B-4 zoning permit, this site is ideally positioned for a mixed-use, residential, or office development. Its prime location offers unparalleled access to the University of Nebraska and downtown Lincoln, with exceptional daily traffic counts of 27,000 vehicles on 9th Street and 21,000 on nearby O Street. This presents a unique chance to capitalize on Lincoln's thriving urban core. The property's versatility allows for both immediate revenue generation from the existing parking structure and long-term value creation through strategic redevelopment. This is a rare chance to acquire a significant piece of Lincoln's history with immense future potential. The asking price is $2,000,000.

Highlights

  • 0.51-acre lot in Lincoln, Nebraska's Haymarket District.
  • Existing 65,760 SF, three-story parking garage with 187 stalls (built 1950).
  • B-4 zoning allows mixed-use, residential, or office development.
  • Located near University of Nebraska and downtown Lincoln, with high daily traffic counts.
  • $2,000,000 asking price.
  • Situated within a 20-year Tax Increment Financing (TIF) district.

Property Details for 105 9Th St

Property type
Other specialty properties, Automotive properties
Square Feet
65,760 SF
Year Built
1950
Buildings
1
Stories
3
Lot Size (sq. ft)
22,216 SF

Location Insight

City
Lincoln
County
Lancaster
State
Nebraska
Latitude
40.81356806374
Longitude
-96.70844318133
105 9Th St, Lincoln, Nebraska

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105 9Th St
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