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Historic Downtown Retail Building
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1201 O St, Lincoln, NE 68508

Historic retail building with street-level visibility and modern accommodations, suited for office or retail uses.

Space Size2,350 SF
Days on Market581

Property Features for 1201 O St

General Information

Standard status Active
Size 2,350 SF
Property subtype OFFICE
Lease Type NNN

Spaces For Lease

at 1201 O St Contact us

Magee Building $12/SF/Yr

Floor
3
Size
2,350 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE
Placed at the heart of downtown, off “O” Street, this historic retail building,...
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Listing Agency: Speedway Properties
Listed By: Thomas Gifford
Source: Moodyscre
Added: Jan 8, 2025 Changed: Aug 8 Last Checked: Aug 11 at 8:38AM

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 Speedway Properties

Investment Insights

Based on property information with market context.

Situated in the heart of downtown Lincoln, this historic retail building, known as the “Magee” building, offers street-level visibility and modern accommodations. The property is presented as a flexible space suitable for a variety of uses, including office and retail.

Located at 1201 O St, the building’s storefront presence supports customer-facing operations while also accommodating office users seeking downtown frontage. The Magee name is established locally as a downtown staple, providing character alongside practical updates for current tenant requirements.

Key Highlights

  • Historic Magee retail building located in downtown Lincoln
  • Street‑level visibility off “O” Street
  • Modern accommodations suitable for office or retail uses

Property Analytics

Current Use

R O Youker ... Structural Engineer Pearle Vision Physician Liberty Law Group Law Firm Dr. Laura Bokemper, ... Physician Lincoln - O Street Physician

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.

Lease Details

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,360
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?
Office building - Historic retail building with street-level visibility and modern accommodations, suited for office or retail uses.
Where is this office building located?
The property is located at 1201 O St Lincoln, NE.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Historic Magee retail building located in downtown Lincoln; Street‑level visibility off “O” Street; Modern accommodations suitable for office or retail uses
(402) 326-2413 Call to check price and availability
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