Property summary
This exceptional 10,000-square-foot commercial building presents a unique investment opportunity in the heart of downtown Lexington, Nebraska. Situated on a 0.63-acre lot (27,442.8 square feet), this all-brick, two-story structure boasts a versatile layout ideal for a variety of uses. Built in 1947, the property features 3,600 square feet of office space, a spacious 5,000-square-foot warehouse, and an additional 1,400 square feet suitable for storage or other purposes. The building's convenient location along a charming brick street in downtown Lexington offers easy access to numerous amenities. Practical features include both street and alley access, providing ample parking and loading options. The property is zoned Commercial by the City of Lexington and is identified by Dawson County Parcel Number 240119681. This owner-user opportunity combines the benefits of a prime downtown location with a functional and adaptable space, making it an attractive prospect for businesses seeking a blend of office and warehouse functionality. The property is classified as Industrial, with subtypes including Distribution, Flex, and R&D, offering significant flexibility for diverse commercial applications. There are no dock-high doors.
Property profile
VerifiedCap rate & NOI
Current use
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Publishing House Newspaper & Magazine
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Mosque
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
03-COMMERCIAL · Lexington, NEZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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