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Updated over 3 years ago on . Most recent reply

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2
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1
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Scott Haskin
  • Rental Property Investor
  • Reno, NV
1
Votes |
2
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Condo'ing a Commercial Office Building

Scott Haskin
  • Rental Property Investor
  • Reno, NV
Posted

Hi, I am part of a group that owns a multi-story office building in the Lincoln Nebraska CBD. We have been considering turning the building into an office condo situation and selling each floor individually. However, none of us has undergone this process before so, I would love to talk to someone who has some experience doing this type of conversion.

If you have some experience in this area and wouldn’t mind me picking your brain a bit, please reach out and say hello.

Thank you very much!

Most Popular Reply

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642
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Dan Weber
  • Realtor
  • Portland, ME
548
Votes |
642
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Dan Weber
  • Realtor
  • Portland, ME
Replied

You're going to want to reach out to the city, like either the Planning Department or the Code Enforcement Office and ask what their requirements are for a condo conversion. They will most likely want some form of the following docs:

- Existing Building Plans that are drawn and stamped by a licensed architect

- A full survey

- Condo Docs that are written by an attorney

- Some sort of notification that is sent to the tenants and neighbors informing them that you intend to do a condo conversion

Hope that helps!

  • Dan Weber

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