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    1113 Nicholas St Omaha, NE 68102

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    For Lease
    $20 SF/Yr

    Historic building in Millwork Commons, ideal for office or flex-space.

    Property size:
    24,000 SF
    Lot size:
    0.21 Acres

    Property Features for 1113 Nicholas St

    General Information

    Size
    24,000 SF
    Lot size
    0.21 Acres

    Source: PJ Morgan Real Estate Agent Regi Powell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Millwork Commons Office Space

    The Orchard & Wilhelm warehouse, constructed in 1892, is located near the intersection of 12th & Nicholas Streets in the Millwork Commons neighborhood, formerly known as the Nicholas Street Historic District. The building is situated steps from Charles Schwab Field, the Millwork Hotel, and the NOVA mixed-use apartments/retail development. The property offers 24,000 leasable square feet across three floors and holds a state historic designation. It is suitable for a small or large-scale office user, a cafe operator, or a creative, flex-space user, with a minimum divisible area of 2,000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Omaha
    County
    Sarpy
    State
    Nebraska
    Longitude
    -95.9312713
    Latitude
    41.2699113

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    FAQs

    What type of property is this?
    Office space - Historic building in Millwork Commons, ideal for office or flex-space.
    Where is this office space located?
    The property is located at 1113 Nicholas St Omaha, NE.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Historic Designation: State historic designation provides unique appeal and potential benefits.; - Prime Location: Situated in the Millwork Commons neighborhood near 12th & Nicholas Streets.; - High-Traffic Area: Steps from Charles Schwab Field (College World Series).
    (402) 885-9929
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1113 Nicholas St Omaha, NE 68102
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