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3701 O St
Lincoln, NE 68510
Art Johnson Building · Office Property For Sale


EXECUTIVE SUMMARY
A rare chance to own a central Lincoln landmark on the city’s busiest corridor with ample signage. This 13,680 SF, 3-level office building is fully leased with long-term tenants, delivering strong cash flow from day one. Zoned for office, retail, and residential, it offers unmatched flexibility for future use or redevelopment. The concrete floors mitigate sound transfer, while brick walls and free-span steel joists eliminate load-bearing walls, giving complete layout freedom. A new roof was installed in 2024. Abundant parking (65 stalls) and premier visibility strengthen its appeal for both tenants and investors. A 1,344 SF heated, insulated auxiliary building (built 2008, Hardieboard & brick) adds further income possibilities. With location, stability, and limitless potential, this is one of Lincoln’s most versatile and lucrative investment opportunities! Most tenants are long term, however leases have been re-structured to be month to month for flexibility of new owner. Financials and more pictures available upon request.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
13,680 SF
Building Class
C
Year Built
1969
Price
$2,136,675 CAD
Price Per SF
$156.19 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
4,560 SF
Building FAR
0.42
Lot Size
0.75 AC
Zoning
B1 - Local Business District
Parking
68 Spaces (5 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 17-30-202-007-000 | Improvements Assessment | $907,741 CAD |
| Land Assessment | $701,506 CAD | Total Assessment | $1,609,246 CAD |
PROPERTY TAXES
Parcel Number
17-30-202-007-000
Land Assessment
$701,506 CAD
Improvements Assessment
$907,741 CAD
Total Assessment
$1,609,246 CAD
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