1523 N Cotner Blvd 1,849 SF 100% Leased Retail Building Lincoln, NE 68505 $275,000 ($148.73/SF) 6.59% Cap Rate

This fully leased, mixed-use building at 1523 N. Cotner Blvd. in Lincoln offers an excellent opportunity for investors seeking a stabilized asset with steady cash flow. Priced at $275,000 with a 6.59% cap rate, the property features 1,975 square feet, including 1,000 square feet of main-floor retail and two residential units totaling 975 square feet on the second level. A new five-year lease renewal has just been signed on the retail space, providing long-term income stability. The property has been extensively renovated in recent years, offering a turnkey investment with minimal upkeep required.
Located just off Holdrege Street in a well-established neighborhood, the building benefits from strong visibility, local traffic, and a convenient private parking lot at the rear of the property—an uncommon amenity in this corridor. Zoned B-1, the site allows for a variety of commercial uses, adding flexibility and value for future repositioning or leasing. The on-site basement storage and tasteful updates throughout enhance both tenant appeal and operational efficiency.
Whether you’re looking for a low-maintenance addition to your portfolio, a smart 1031 exchange option, or a foothold in one of Lincoln’s solid infill submarkets, this asset checks all the boxes. Reach out today to learn more or schedule a tour.
Agent has equity in the property.