Prime Retail Space on O
1801 O Street, Lincoln, NE 68508
Highly visible retail building in downtown Lincoln with flexible layout.
Type:Retail - Street Retail
Property size:
8,050 SFPrice / SF:
$173/SF- Added:
- May 14, 2026
- Days on Market:
- 19
- Last Refresh:
- May 14 at 8:37 pm
Property Features for 1801 O Street
General Information
- Standard status
- Active
- Size
- 8,050 SF
- Property subtype
- Retail - Street Retail
Building Details
- Year Built
- 1927
Listing agent Andy Widman
Listing office NAI FMA Realty
Listing date May 14, 2026
Source Commercialcafe
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
HighLights
- Highly visible location on O Street, a primary commercial corridor in downtown Lincoln.
- 8,050 SF retail building available for sale.
- Strong daily traffic counts and excellent accessibility.
- Close proximity to the Central Business District and University of Nebraska–Lincoln.
- Open floor plan with high ceilings and second‑level office space.
- On‑site parking.
Overview
Located on O Street in downtown Lincoln, this property benefits from a visible position on a primary commercial corridor. The site experiences strong daily traffic and offers accessibility, with proximity to the Central Business District, the University of Nebraska–Lincoln, and nearby retail and entertainment venues. The location provides consistent vehicle and pedestrian traffic, suitable for retail or service businesses. The retail building at 1801 O Street offers 8,050 square feet. The property features high ceilings and an open floor plan with second-level office space, providing flexibility for retail or showroom users. On-site parking is available. This property is suitable for an owner-user or investor seeking a well-located retail asset with visibility and versatility.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $144.9k | $18.00 |
| − Vacancy | −$9.4k | −$1.17 |
| EGI | $135.5k | $16.83 |
| − OpEx | −$40.6k | −$5.05 |
| NOI | $94.8k | $11.78 |
8,050 SF · lease $18.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.35M
$1.19M – $1.58M
NOI $94,837 @ 7.0% cap · market cap 6.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.97M
$1.73M – $2.30M
NOI $138,146 @ 7.0% cap · market cap 9.87%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Storefront properties
Similar Places Nearby
- Abloom Florist — 1451 O St #100, Lincoln, NE 68508
Location Insight
- Map
- Local Demand
- City
- Lincoln
- County
- Lancaster
- State
- Nebraska
- Longitude
- -96.922145
- Latitude
- 40.813862
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - Highly visible retail building in downtown Lincoln with flexible layout.
Where is this storefront property located?
The property is located at 1801 O Street Lincoln, NE.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Highly visible location on O Street, a primary commercial corridor in downtown Lincoln.; 8,050 SF retail building available for sale.; Strong daily traffic counts and excellent accessibility.
