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1500 Koenigstein Ave 73,348 SF 100% Leased Office Building Norfolk, NE 68701 $8,864,092 CAD ($120.85 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • High traffic
  • 5+ Overhead Doors
  • Mixed-use possibilities

EXECUTIVE SUMMARY

Unlock the potential of this prime site, ideal for multi-family residential redevelopment with exciting mixed-use possibilities! Picture a "live here, work here, play here" community that seamlessly blends modern living with vibrant commercial spaces. With significant land area and extensive paved parking, a portion of the property could be parceled off for additional development, offering even greater flexibility for your vision. Currently zoned OD (Office district) under a conditional use permit, the property's proximity to a large R3 (Multi Family Residential) zone enhances the likelihood of a smooth rezoning process for a developer. Don't miss the opportunity to bring your creative plans to life in this highly versatile space!

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
73,348 SF
Building Class
C
Year Built
1975
Price
$8,864,092 CAD
Price Per SF
$120.85 CAD
Percent Leased
100%
Building Height
4 Stories
Typical Floor Size
18,337 SF
Building FAR
0.53
Lot Size
3.20 AC
Zoning
COMMERCIAL

AMENITIES

  • Controlled Access
  • Signage
  • Wheelchair Accessible
  • Reception
  • Storage Space
  • Air Conditioning
  • Listing ID: 34382948

  • Date on Market: 2025-01-06

  • Last Updated:

  • Address: 1500 Koenigstein Ave, Norfolk, NE 68701

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