Commercial Property for Sale in Lincoln Nebraska 68504
225 N 50th St, Lincoln, Nebraska 68504
$4,250,000
$165 / sq ft Listed Dec 24, 2025
25,750 sqft
Building
2 acres
Lot
1997
Built
3
Stories
83
Units
Class B
Class
About this property
Commercial Property for Sale in Lincoln Nebraska 68504 is a lodging and hospitality for sale in Lincoln, Nebraska, listed at $4,250,000. Key details: year built 1997, building size 25,750 sqft, lot size 2 acres, stories 3. Listed by Timothy Takao of Amber Hotel Company on LoopingCloud and last updated December 24, 2025.
The New Victorian Suites: Turnkey 83-Room Hotel in Lincoln, NE
Acquire The New Victorian Suites, an 83-room, 3-story interior corridor hotel in a prime Lincoln, Nebraska location, positioned just off U.S. Highway 34. The hotel is minutes away from the University of Nebraska-Lincoln (UNL), Downtown Lincoln, and Lincoln Airport.
Key Investment Highlights:
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Significant Upside: The property is currently underperforming due to absentee ownership, presenting a strong upside potential for an experienced, on-site operator to actively manage and maximize its true value.
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Near Turnkey Condition: The hotel has recently undergone extensive renovations, including:
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Full exterior and interior paint (including all rooms and décor).
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Major updates to the lobby (stone work), breakfast area (new countertops/storage), pool area (new paint/heater), meeting space, and exercise room.
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New RFID touch-free locks, new sprinkler system, new hotel signage, and 30-40 new PTC units.
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Recent prior updates include new mattresses, washer, and dryer.
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Strong Demand Drivers: Benefits from robust local demand generators, including UNL, Memorial Stadium (Cornhuskers football), the State Capitol, Pinnacle Bank Arena, and the surrounding downtown business/cultural districts.
This asset is an ideal opportunity for an operator seeking a recently updated hotel with immediate revenue maximization potential in Nebraska’s capital city.
Key highlights
- Price Per Room $51,205
- Year Built/Renovated 1997/2013
- Parking Ratio 2.72/1,000 SF
- Corridor Interior
- Zoning H2
- Parcel Number 17-20-413-001-005
- 83 Units
- Three-Year Average Revenue $1,220,000
- Priced at $51,204 Per Key
- Fully Absentee Owner
Lending Opportunities
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
Property details
Key facts
- Year Built
- 1997
- Building Size
- 25,750 sqft
- Lot Size
- 2 acres
- Stories
- 3
- Total Units
- 83
- Building Class
- Class B
- Heating & Cooling
- Heating and Cooling
- Property Status
- Normal Sale
- Building Status
- Existing
Pricing details
- Financing
- Third Party Financing
- Investment Property
- Active investment property
Investment snapshot
$165
Price per sq ft
Acquisition options
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $4,250,000 | - | - | - | - |
Features and amenities
Property Features
- Price Per Room: $51,205
- Year Built/Renovated: 1997/2013
- Parking Ratio: 2.72/1,000 SF
- Corridor: Interior
- Zoning: H2
- Parcel Number: 17-20-413-001-005
Highlights
- 83 Units
- 3 Story, Interior Corridor Independent Hotel
- Three-Year Average Revenue: $1,220,000
- Priced at $51,204 Per Key
- Minutes to Lincoln Airport, University of Nebraska-Lincoln and Downtown in the State's Capitol
- Fully Absentee Owner
- Recently Renovated with Strong Upside Potential for On-Site Owner
- Offers Encouraged
Location
Address as shown by the lister.
Get directionsAbout this area - Lincoln
- Population
- 14,373
- Housing units
- 6,962
- Land area
- 7.6 sq mi
- County
- Lancaster
Neighborhood
Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.
Documents, links and contacts
Frequently asked questions
What is the asking price of Commercial Property for Sale in Lincoln Nebraska 68504?
Commercial Property for Sale in Lincoln Nebraska 68504 is listed at $4,250,000. That works out to about $165 per square foot.
Where is Commercial Property for Sale in Lincoln Nebraska 68504 located?
The property is in 225 N 50th St, Lincoln, Nebraska 68504, Lancaster County.
What type of property is this?
This is a lodging and hospitality for sale in the commercial category.
How big is the property?
The building is 25,750 sqft. The lot is 2 acres.
Is financing available?
The lister indicates: Third Party Financing.
Who do I contact about this listing?
Timothy Takao of Amber Hotel Company listed this property. Use the Request Info button to send a message or call (818) 851-3300.
When was this listing published?
It was published on December 24, 2025 and last updated on December 24, 2025.
Listing information
- Listing ID
- CL-Nebraska-27180
- Published
- Dec 24, 2025
- Last updated
- Dec 24, 2025
- Views
- 302
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