1245 9Th StLincoln, NE 68502

For Sale
$499,999

Prime Lincoln location, high-potential investment.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity in Lincoln, Nebraska, encompasses three properties totaling 0.32 acres on a 3,485 sq ft lot, all zoned B-3 Commercial District. The main structure is a two-story commercial building featuring 1,250 square feet of ground-floor retail space currently operating as a tattoo studio. Upstairs, a 1,250-square-foot, two-bedroom, one-bathroom apartment provides additional income potential. A 1,250-square-foot unfinished basement offers ample storage. Also included is a separate 720-square-foot, two-bedroom, one-bathroom single-family residence, currently generating rental income, with a full unfinished basement. Completing this package is a 0.12-acre vacant lot situated directly behind the other buildings, presenting further development possibilities. The asking price for this multi-use property is $499,999, offering a compelling value-add investment opportunity in a thriving commercial district. The address is 1245 S 9th St, Lincoln, NE 68502. This unique combination of existing income streams and development potential makes this a rare find in the Lincoln market. The property's versatility and prime location make it ideal for a variety of uses and future expansion.

Highlights

  • $499,999 asking price for a value-add investment opportunity.
  • Three properties included: a commercial building, single-family home, and vacant lot, totaling 0.32 acres.
  • Commercial building: 1,250 SF ground-floor retail space, 1,250 SF second-floor, 2-bed/1-bath apartment, and 1,250 SF unfinished basement.
  • Single-family home: 720 SF, 2-bed/1-bath with a full unfinished basement, currently rented.
  • 0.12-acre vacant lot adjacent to the other properties; all properties are B3-zoned for commercial use.

Property Details for 1245 9Th St

Property type
Other retail properties, Multifamily properties
Square Feet
2,500 SF
Buildings
2
Stories
2

Location Insight

City
Lincoln
County
Lancaster
State
Nebraska
Latitude
40.800515
Longitude
-96.7088981
1245 9Th St, Lincoln, Nebraska

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1245 9Th St
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