620 48Th StLincoln, NE 68504

For Sale
$2,200,000

Prime Lincoln Office Building, 36,742 SF

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional three-story office building, located at 620 North 48th Street in Lincoln, Nebraska, presents a compelling investment opportunity. Priced at $2,200,000, the property boasts a substantial 36,742 square feet of leasable space, perfectly suited for a variety of professional and non-profit office users. The building's B-2 zoning, within the Planned Neighborhood Business District, allows for a range of commercial uses. Its strategic location in the 48th & O Street trade area offers unparalleled convenience, with close proximity to the Centro Plaza shopping center, numerous restaurants and retailers, and easy access to both downtown Lincoln (under 10 minutes) and Gateway Mall (under 5 minutes). The property features a shared parking arrangement with the adjacent shopping center, ensuring ample parking for tenants and visitors. An attractive interior courtyard enhances the building's appeal by providing abundant natural light. The current tenant mix offers a solid foundation, with significant upside potential for increased occupancy and rental income. This well-positioned asset represents a rare opportunity to acquire a substantial office building in a thriving Lincoln neighborhood. The property's central location, ample parking, and attractive features make it an ideal investment for discerning buyers seeking strong returns in a desirable market.

Highlights

  • Prime Lincoln location.
  • Adjacent to Centro Plaza.
  • Abundant nearby dining and retail.
  • Under 10-minute drive to downtown Lincoln.
  • 5-minute drive to Gateway Mall.
  • Light-filled interior courtyard.

Property Details for 620 48Th St

Property type
Other office properties, Office properties
Stories
3

Location Insight

City
Lincoln
County
Lancaster
State
Nebraska
Latitude
40.8193845
Longitude
-96.6531828
620 48Th St, Lincoln, Nebraska

FAQs

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620 48Th St
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