1500 Koenigstein Ave - Office/Residential FOR SALE


Norfolk, NE 68701
$6,350,000 USD
402-841-2116
1500 Koenigstein Ave, Norfolk, NE for Sale
$6,350,000 USD
Office/Residential - FOR SALE
1/10
null | Request Cap Rate

1500 Koenigstein Ave
Norfolk, NE 68701


HIGHLIGHTS

  • High traffic
  • Mixed-use possibilities
  • 5+ Overhead Doors

OVERVIEW

Unlock the potential of this prime site, ideal for multi-family residential redevelopment with exciting mixed-use possibilities! Picture a "live here, work here, play here" community that seamlessly blends modern living with vibrant commercial spaces. With significant land area and extensive paved parking, a portion of the property could be parceled off for additional development, offering even greater flexibility for your vision. Currently zoned OD (Office district) under a conditional use permit, the property's proximity to a large R3 (Multi Family Residential) zone enhances the likelihood of a smooth rezoning process for a developer. Don't miss the opportunity to bring your creative plans to life in this highly versatile space!

FOR SALE DETAILS

PRICE

$6,350,000 USD

PRICE/SF

$87 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Storefront Retail/Office, Medical, Office Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

-

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

590042777,590118137,590118234

ASK ABOUT THIS PROPERTY

Russ WilcoxReal Estate Solutions TeamMore Info
402-841-2116

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Russ WilcoxReal Estate Solutions TeamMore Info
402-841-2116

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.