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    247 8Th St Lincoln, NE 68508

    For Lease
    $12 SF/Yr

    Lincoln's Haymarket: Two floors, 11,928 sq ft.

    Lot size:
    32,578 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional office space, located in Lincoln's vibrant Haymarket District, offers a unique blend of historic charm and modern functionality. Housed within the H.P. Lau Building, this property boasts 32,578 total square feet across three stories, with two available contiguous spaces of 11,928 square feet each. The minimum divisible space is also 11,928 square feet, offering flexibility for various business needs. The building's traditional office layout is complemented by creative office features, making it suitable for a wide range of tenants. The property is zoned B-4 and situated in Lancaster County. Electricity is provided by Lincoln Electrical Services. Conveniently located within a block of the Haymarket Parking garage, ample metered street parking is also readily available. The Haymarket District's thriving atmosphere offers numerous nearby amenities, including restaurants, coffee shops, and bars, ideal for client meetings and employee breaks. The spaces are easily divisible to accommodate specific tenant requirements. This is a rare opportunity to secure a prestigious office space in a highly desirable location.

    Property Features for 247 8Th St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    32,578 SF
    Total Rate
    33935.42

    Building Details

    Stories
    3

    Unit(s) available at that property

    Space
    Suite 300
    Size
    11,928 SF
    Rate per SF
    $12
    Space
    Suite 200
    Size
    11,928 SF
    Rate per SF
    $12

    HighLights

    • Haymarket Office - H.P. Lau Building, a 32,578 square foot, three‑story office building in Lancaster County.
    • The property offers traditional and creative office space.
    • Two available spaces totaling 11,928 square feet are available, with a minimum divisible space of 11,928 square feet.
    • Maximum contiguous space is 11,928 square feet.
    • Electricity is provided by Lincoln Electrical Services.
    • The property is zoned B‑4.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    El Potrero Mexican Restaurant National Personal Loans Loan Agency Starlite Lounge & Banquet ... Lounge VS ARCADE BAR Bar Buzzard Billy's American Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln
    County
    Lancaster
    State
    Nebraska
    Longitude
    -96.709942237038
    Latitude
    40.815543617827

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    FAQs

    What type of property is this?
    Office space - Lincoln's Haymarket: Two floors, 11,928 sq ft.
    Where is this office space located?
    The property is located at 247 8Th St Lincoln, NE.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Haymarket Office - H.P. Lau Building, a 32,578 square foot, three-story office building in Lancaster County.; The property offers traditional and creative office space.; Two available spaces totaling 11,928 square feet are available, with a minimum divisible space of 11,928 square feet.
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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
    247 8Th St Lincoln, NE 68508
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