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1500 Koenigstein Ave

73,348 SF 100% Leased Office Building Norfolk, NE 68701 £5,089,525 (£69/SF)

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
Year Built
1975
Price
£5,089,525
Price Per SF
£69
Percent Leased
100%
Number of Floors
4
Typical Floor Size
18,337 SF

Amenities

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

  • Date on Market: 06/01/2025

  • Last Updated:

  • Address: 1500 Koenigstein Ave, Norfolk, NE 68701

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