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Two-Story School Building
For Sale
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1111 O St, Lincoln, NE 68508

Skywalk access links the upper level with downtown buildings and multiple parking garages.

Property SizeContact for details
Days on Market143

Property Features for 1111 O St

General Information

Standard status Active
Property subtype Office, Special Purpose
Listing Agency: NAI FMA Realty
Listed By: Richard Meginnis · License #NE 901223
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 12:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI FMA Realty

Investment Insights

Based on property information with market context.

This two-level educational property contains 76,334 square feet and was built in 1979. Its layout includes large classrooms arranged around a substantial interior hall and common area, reflecting its use as a community college satellite campus. The building offers three-phase power and a roof replaced in 2022.

The second floor connects to the Skywalk system, providing links to several downtown buildings and multiple parking garages. A city-owned parking garage is connected to the property, with elevators serving both facilities that are owned and maintained by the City of Lincoln. The configuration also offers the possibility of redevelopment as a multi-tenant office building.

Key Highlights

  • 76,334‑square‑foot building spanning two floors
  • Built in 1979 with a roof replaced in 2022
  • Large perimeter classrooms surrounding an interior hall and common area

Property Analytics

Current Use

Southeast Community College ... Community College Job Corps Business Service Center Nebraska Department of Labor Government Office D4 Nebraska Law Firm

Suggested Use

Top Pick Skin Care Clinic HVAC Service (Bike/Boat/Book/etc) Store Locksmith Pet Grooming Service Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,511
Businesses Nearby

Demographics for 68508, NE

17,249
Population
7,076
Households
2.4
Avg Household Size
24
Median Age
35%
College-Educated
90%
High-School Grad
3.0 sq mi
ZIP Area
5,750
Density / Sq Mi
$33,561
Median Household Income
$10,349
Median Earnings
$760
Median Rent
$121,400
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
School - Skywalk access links the upper level with downtown buildings and multiple parking garages.
Where is this school located?
The property is located at 1111 O St Lincoln, NE.
What are key features of this property?
This property features: 76,334‑square‑foot building spanning two floors; Built in 1979 with a roof replaced in 2022; Large perimeter classrooms surrounding an interior hall and common area
(402) 441-5800 Call to check price and availability
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