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Columbus Telegram 1254 27th Ave 12,651 SF Office Building Online Auction Sale Columbus, NE 68601
Matterport 3D Tour
Investment Highlights
- 1254 27th Avenue offers a vacant 16,651-SF all-brick office with a warehouse on a high-visibility corner lot in Downtown Columbus, NE.
- Ideal for diverse users, the facility features an 8,402-SF office, a 4,249-SF warehouse, and a 4,000-SF finished basement with flexible layout.
- Union Pacific rail and Columbus Municipal Airport sit within 2 miles, enhancing access for logistics, executives, and regional operations.
- Formerly home to the Columbus Telegram, the building sits on a 0.47-acre lot and features two drive-in doors, ample parking, HVAC, and CBD zoning.
- Located within 1 mile of US Highways 30 and 81, and 25 miles of I-80, the site easily connects to Omaha, Lincoln, and Grand Island.
- Columbus’ growing job base, business incentives, and retail amenities position this downtown asset for long-term demand and growth.
Executive Summary
1254 27th Avenue presents a rare opportunity to acquire a 16,651-square-foot all-brick commercial property in Downtown Columbus, Nebraska. Delivered vacant, the Columbus Telegram Building features 12,651 square feet above grade, complemented by a finished 4,000-square-foot basement, all situated on a prominent 0.47-acre corner lot.
Built in 1965 and maintained in good condition, the asset combines 8,402 square feet of office space with 4,249 square feet of warehouse/storage, creating a flexible layout for an owner/user or investor. The facility is equipped with heated and cooled office and warehouse areas, two drive-in doors, and ample on-site and street parking. Its Central Business District zoning enhances the building’s suitability for office, professional services, medical, showroom, education, or mixed office-industrial use.
1254 27th Avenue is a highly functional property with long-term use as either a downtown headquarters, a service-based operation with storage, or a value-add investment positioned to meet small-bay and specialized user demand.
The facility sits within 1 mile of US Highways 30 and 81 and within 25 miles of Interstate 80, providing efficient connections to Omaha, Lincoln, and Grand Island. Access to Union Pacific rail service and Columbus Municipal Airport is within 2 miles. Occupiers enjoy nearby amenities, including Hy-Vee Gas, Phillips 66, Ramada, Runza, Arby’s, Pizza Hut, Wendy’s, McDonald’s, and multiple schools and service uses that help anchor traffic and employment in the surrounding area.
Columbus, Nebraska, is a strong market that has experienced 8.7% population growth over the last decade, driven by increased job creation. It is widely recognized as one of Nebraska’s most industrialized communities, per capita, supported by manufacturing, ag processing, energy, logistics, healthcare, and service-sector employers. The City of Columbus is business-friendly and offers Tax Increment Financing and more that help drive business creation. 1254 27th Avenue offers a platform for business growth, operational efficiency, or strategic value creation in one of eastern Nebraska’s most durable regional markets.
Property tours are by appointment only. Please contact the listing broker to schedule.
Property is being listed by Brian Brockman | Bang Realty | NE License #: 20190317
Built in 1965 and maintained in good condition, the asset combines 8,402 square feet of office space with 4,249 square feet of warehouse/storage, creating a flexible layout for an owner/user or investor. The facility is equipped with heated and cooled office and warehouse areas, two drive-in doors, and ample on-site and street parking. Its Central Business District zoning enhances the building’s suitability for office, professional services, medical, showroom, education, or mixed office-industrial use.
1254 27th Avenue is a highly functional property with long-term use as either a downtown headquarters, a service-based operation with storage, or a value-add investment positioned to meet small-bay and specialized user demand.
The facility sits within 1 mile of US Highways 30 and 81 and within 25 miles of Interstate 80, providing efficient connections to Omaha, Lincoln, and Grand Island. Access to Union Pacific rail service and Columbus Municipal Airport is within 2 miles. Occupiers enjoy nearby amenities, including Hy-Vee Gas, Phillips 66, Ramada, Runza, Arby’s, Pizza Hut, Wendy’s, McDonald’s, and multiple schools and service uses that help anchor traffic and employment in the surrounding area.
Columbus, Nebraska, is a strong market that has experienced 8.7% population growth over the last decade, driven by increased job creation. It is widely recognized as one of Nebraska’s most industrialized communities, per capita, supported by manufacturing, ag processing, energy, logistics, healthcare, and service-sector employers. The City of Columbus is business-friendly and offers Tax Increment Financing and more that help drive business creation. 1254 27th Avenue offers a platform for business growth, operational efficiency, or strategic value creation in one of eastern Nebraska’s most durable regional markets.
Property tours are by appointment only. Please contact the listing broker to schedule.
Property is being listed by Brian Brockman | Bang Realty | NE License #: 20190317
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- Operating and Financials
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Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Office
Property Subtype
Building Size
12,651 SF
Building Class
B
Year Built
1965
Tenancy
Single
Building Height
1 Story
Typical Floor Size
12,651 SF
Building FAR
0.62
Lot Size
0.47 AC
Parcel Number
710002506
Zoning
03 - Central Business District
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
40/100
Demographics
Demographics
1 mile
3 mile
5 mile
2025 Population
9,866
26,563
29,561
2020 Population
9,518
25,307
28,079
2030 Population
10,262
27,700
30,834
2025-2030 Projected Population Growth
4.0%
4.3%
4.3%
Daytime Employees
9,992
19,221
24,030
Total Businesses
887
1,709
1,817
Average Household Income
$74,442
$86,593
$87,971
Median Household Income
$59,101
$69,622
$71,202
Total Consumer Spending
$105.7M
$306M
$344.6M
Median Age
35.9
38.4
38.5
2025 Households
3,900
10,388
11,511
Percent College Degree or Above
12%
14%
14%
Average Home Value
$186,502
$247,231
$254,499
Sale Advisors
Sale Advisors
Michael Carlson, Principal
As a Principal at Avison Young, Mike Carlson SIOR, CCIM specializes in all aspects of Office Brokerage with over 25 years of industry experience. His expertise spans agency leasing, tenant representation and investment sales, Mike has mentored numerous young brokers in the industry and been tasked with leading full brokerage divisions the majority of his career.
Graduating from the University of Missouri-Columbia with a double major in finance and real estate, Mike has a strong foundation in the field. He has showcased his leadership through roles such as SIOR Regional Director, SIOR Chapter President, CCIM Chapter President and the Missouri Growth Association Board.
Beyond his professional achievements, Mike is dedicated to philanthropy, where he is the acting President of the Zeta Phi Foundation, Inc., a non for profit established to provide need based college scholarships.
Graduating from the University of Missouri-Columbia with a double major in finance and real estate, Mike has a strong foundation in the field. He has showcased his leadership through roles such as SIOR Regional Director, SIOR Chapter President, CCIM Chapter President and the Missouri Growth Association Board.
Beyond his professional achievements, Mike is dedicated to philanthropy, where he is the acting President of the Zeta Phi Foundation, Inc., a non for profit established to provide need based college scholarships.
Ben Albers, Senior Vice President
Ben Albers serves as Senior Vice President for Avison Young's office team, bringing extensive expertise in commercial real estate to his role. With a focus on representing tenants and landlords in office property transactions, he specializes in strategic planning to drive cost savings for corporate and local tenants through thorough market and financial analysis. Additionally, Ben provides representation to local and institutional owners, leveraging his market expertise for lease negotiations and creative marketing strategies.
A graduate of St. Louis University with a Bachelor’s degree in Entrepreneurship, Ben is a licensed real estate salesperson in Missouri. In recognition of his dedication to the St. Louis community, Ben was honored in the 2019 class of The St. Louis Business Journal’s 30 under 30.
He is also deeply involved in philanthropic endeavors, serving as the President of the Cardinal Glennon Development Board and contributing to the Le Roseau Initiative. Additionally, Ben is a member of the Missouri Athletic Club and sits on its Sports Foundation board.
A graduate of St. Louis University with a Bachelor’s degree in Entrepreneurship, Ben is a licensed real estate salesperson in Missouri. In recognition of his dedication to the St. Louis community, Ben was honored in the 2019 class of The St. Louis Business Journal’s 30 under 30.
He is also deeply involved in philanthropic endeavors, serving as the President of the Cardinal Glennon Development Board and contributing to the Le Roseau Initiative. Additionally, Ben is a member of the Missouri Athletic Club and sits on its Sports Foundation board.
Jay Travis, Vice President
As Vice President of Avison Young’s brokerage team, Jay Travis specializes in representing tenants and landlords within the office property sector. With a strong background in global occupier services, Jay excels in managing site selection and relocation processes for clients. His expertise extends to market research and strategic planning for various accounts, ensuring optimal outcomes.
Jay holds a Bachelor of Science degree in Business Administration with an emphasis in Finance and Real Estate from the University of Missouri – Columbia. He is a licensed real estate salesperson in the state of Missouri.
Beyond his professional endeavors, Jay is actively engaged in the community, supporting organizations such as the World Pediatric Project and the St. Louis Sports Commission Associates. Additionally, he holds a membership at the Missouri Athletic Club.
Jay holds a Bachelor of Science degree in Business Administration with an emphasis in Finance and Real Estate from the University of Missouri – Columbia. He is a licensed real estate salesperson in the state of Missouri.
Beyond his professional endeavors, Jay is actively engaged in the community, supporting organizations such as the World Pediatric Project and the St. Louis Sports Commission Associates. Additionally, he holds a membership at the Missouri Athletic Club.
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
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Columbus Telegram | 1254 27th Ave
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