AbodeABODE

345 N 23rd Street

Lincoln, NE 68503

345 N 23rd Street, Lincoln, NE 68503 — exterior front view

345 N 23rd Street

Lincoln, NE

$292,640

ContingentMLS #22517485

345 N 23rd Street

Lincoln, NE 68503·Antelope Square

$292,640

Reduced $24,388

List Price

Studio

Layout

About This Property

This property has a 99 year ground lease in place which began July 1, 2021. The lease is an absolute NNN, with no landlord responsibilities or expenses. The monthly rent July 1, 2025 is $1585.14. The annual rental increases are 2%, or the consumer price index, whichever is greater. The property is improved with a $3,750,000 mixed use building that includes retail and housing. The price is based on a cap rate of 6, which is excellent for a ground lease with rate bumps. Typical rate bumps are at 5...

Property Details

Key Facts

Overview
Property TypeLand
BedroomsStudio
Building
StyleUnimproved Land
Lot Size70.13 x 142016
CountyLancaster
WaterPublic
SewerPublic Sewer
Lot Dimensions70.13 x 142016
Lot FeaturesUnder 1/4 Acre, City Lot, Corner Lot, Curb and Gutter, Curb Cut, Level
Legal DescriptionAntelope Square 2nd Addition Lot 1
MLS #22517485
List DateJune 25, 2025
StatusUnder Contract
Listing Courtesy OfWoods Bros Realty

Listed for sale

MLS #22517485

$317,028

Jun 25, 2025

Mortgage Estimate

$1,480

/month
Principal & Interest
$1,480
20% · $58,528
6.5%

Location

Antelope Square · 345 N 23rd Street, Lincoln, NE 68503

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Listing data is provided in part by Great Plains REALTORS® Multiple Listing Service. Information is deemed reliable but not guaranteed accurate and should be independently verified. Properties may be listed by brokerages other than Abode Real Estate. © 2026 Great Plains REALTORS® MLS. All rights reserved.

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