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Downtown Redevelopment Office/Event Space
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1427 O St, Lincoln, NE 68508

Former downtown nightclub building at 1427 O St, ready for redevelopment into an office or event use.

Space Size4,625 SF
Days on Market849

Property Features for 1427 O St

General Information

Standard status Active
Size 4,625 SF
Property subtype RETAIL

Spaces For Lease

at 1427 O St Contact us

Downtown Retail/Nightclub/Restaurant/Office $14/SF/Yr

Size
4,625 SF
Type
RETAIL
Availability
AVAILABLE
Great downtown building previously a night club. Now ready for redevelopment. Located...
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Listing Agency: Woods Bros Realty
Listed By: John M Nanos · License #940652
Source: Moodyscre
Added: Apr 15, 2024 Changed: Aug 8 Last Checked: Aug 10 at 6:36AM

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 Woods Bros Realty

Investment Insights

Based on property information with market context.

This property is a downtown commercial building previously used as a nightclub and is now ready for redevelopment. The space is being offered for rent and can be repurposed for a variety of concepts, including office use or event-based uses, depending on redevelopment plans.

The building is located at 1427 O St in Lincoln, NE, and the listing notes it is ready for your vision. Access and scheduling details can be coordinated by calling the listing agent to arrange a tour.

Key Highlights

  • Former downtown nightclub building at 1427 O St
  • Previously used as a nightclub; property is ready for redevelopment
  • On O St and positioned for redevelopment into office or event use

Property Analytics

Current Use

Trimix Therapy Clinic Medical Clinic

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Butcher Pet Grooming Service Skin Care Clinic Pet Store

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
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,360
Businesses Nearby
Well-served
Demand for This Use

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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Similar Off Market Nearby

  • Night Before Lounge 1035 m st, lincoln, ne 68508
  • The Night Before Lounge 1035 M St, Lincoln, NE 68508
  • Ollie's Sake Bar 325 S 11th St, Lincoln, NE 68508
  • My Little Ponys Skiviti House Lincoln Mall, Lincoln, NE 68508
  • The Beacon Lounge 311 S 11th St, Lincoln, NE 68508

Frequently Asked Questions

What type of property is this?
Night club - Former downtown nightclub building at 1427 O St, ready for redevelopment into an office or event use.
Where is this night club located?
The property is located at 1427 O St Lincoln, NE.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Former downtown nightclub building at 1427 O St; Previously used as a nightclub; property is ready for redevelopment; On O St and positioned for redevelopment into office or event use
(402) 730-3564 Call to check price and availability
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