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    451 16Th St Blair, NE 68008

    Sponsored
    For Lease
    $15 SF/Yr

    Downtown Blair Office, 230 SF Available

    Lot size:
    60,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 230-square-foot office space is located within the historic Blair Central building at 451 S 16th St, Blair, NE 68008. Situated on a 1.99-acre lot (89,829 sq ft) and conveniently located just five blocks from Washington Street, this property offers easy access to Highway 30 and is adjacent to the Washington County Courthouse. The building itself is a three-story structure, built in 1899, encompassing a total of 60,000 square feet. This particular office space is immediately available and is part of a larger mixed-use property that includes residential apartments. The minimum divisible space is 230 square feet, matching the size of this currently vacant unit. The property's APN is 890046466. While the zoning is not specified, the building's history and current use suggest a versatile space suitable for a variety of professional uses. This presents a unique opportunity to establish a presence in a vibrant downtown location with strong community ties. The full-service lease offers a cost-effective entry point into the Blair commercial market. The cross street is South Street.

    Property Features for 451 16Th St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    60,000 SF
    Total Rate
    78000

    Building Details

    Year Built
    1899
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    Suite A
    Size
    230 SF
    Rate per SF
    $15
    Property Profile Location Intelligence

    Current Use by Public Records

    Blair Central School ... Apartment Building

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Blair
    County
    Washington
    State
    Nebraska
    Longitude
    -96.137310355763
    Latitude
    41.540757482238

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    FAQs

    What type of property is this?
    Office Property / Space - Downtown Blair Office, 230 SF Available
    Where is this office property / space located?
    The property is located at 451 16Th St Blair, NE.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    Request Owner's contact information
    451 16Th St Blair, NE 68008
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    Blair, NE 68008
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    451 16Th St Blair, NE 68008
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