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Property profile & analytics
OFF-MARKET
Office Spaces

451 16Th St Blair, NE 68008

60,000 SF 1.99 ac lot Built 1899
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Office Spaces
Year built 1899
Total area 60,000 SF
Lot 1.99 ac (86,684 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Blair Central School Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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