621 48th St Lincoln, NE 68504-3442
- Retail space
- 9,475 SF
- 1.40 lot acres
Current Use by Public Records
- MotorFood / Restaurant
- SalonCentric / Beauty Supply Store
Property Details for 621 48th St
- Year built
- 1967
- Lot size
- 1.40 lot acres
- Property size
- 9,475 SF
- Zone code
- B1
- Property type
- Retail space
- APN
- 17-20-323-002-000
- APU
- 1720323002000
Description
This exceptional retail opportunity is located at 621 North 48th Street in Lincoln, Nebraska, within the highly desirable 48th & Vine area. The property, built in 1967, boasts a total of 9,475 square feet situated on a 1.4-acre lot. The zoning is B1, allowing for a variety of commercial uses. Currently, two spaces are available for lease, one measuring approximately 1,100 square feet and the other approximately 1,362 square feet, ideal for a variety of retail or restaurant concepts. The property is a multi-tenant strip center, offering excellent visibility and accessibility. Strong existing tenants include Salon Centric, Papa John's Pizza, Goodwill, Ace Hardware, and the recently announced VASA Fitness, creating a vibrant and thriving retail environment. This location benefits from high traffic counts and proximity to other businesses and retailers, ensuring significant foot traffic and exposure for prospective tenants. The property is move-in ready, presenting an immediate opportunity to establish a presence in a prime Lincoln location. Lancaster County location and 68504 zip code offer easy access to major transportation routes and a dense residential population. This is a rare opportunity to secure retail space in a high-demand area with established anchors and significant growth potential.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $440,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $696,000
Market price range: $408k - $1.55M
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Location Insight
- Map
- Local Demand
- City
- Lincoln
- County
- Lancaster
- State
- Nebraska
- Longitude
- -96.6547
- Latitude
- 40.8194
- CBSA code
- 30700
- CBSA name
- LINCOLN, NE METROPOLITAN STATISTICAL AREA