Historic Art Deco
For Lease
$18 SF/Yr
1904 Farnam Street, Omaha, NE 68102
Downtown Omaha commercial space in historic building with modern amenities.
Space SizeContact for details
Days on Market141
Property Features for 1904 Farnam Street
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
CBRE | Omaha
(402) 697-5851
Listed By:
Nicholas Weideman · License #20150778
(402) 697-5851
Source:
Cbre
Added: Mar 25
Changed: Aug 8
Last Checked: Aug 8 at 6:27AM
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 CBRE | Omaha
Investment Insights
Based on property information with market context.
The historic Art Deco-style Service Life Building, designed by John Latenser and Sons and built in 1927, is a designated downtown landmark. Originally the Union State Bank building, it has primarily served as office space for nearly a century. As of June 2024, the property is undergoing a $25 million development, with estimated completion in September 2025, to create 54 residential units and 5,000 square feet of commercial space. The commercial space will consist of two office suites and a new breakfast/lunch restaurant concept. The building is situated on the northwest corner of 19th and Farnam Streets in Omaha's Central Business District, just north of the Flatiron District, near the courthouse and various amenities including retail, services, entertainment, and offices. The location is near new development, dense residential areas, and public transportation, including direct access to the proposed Modern Streetcar. The property has a high walk score of 92, a transit score of 50, and a bike score of 70. It is zoned Central Business District with Area of Civic Importance overlay (CBDACI- 1(PL)-*LL). In addition to on-street, metered parking, there are two parking garages located within one block of the building. The property offers 5,994 square feet of space and is suitable for commercial use.
Key Highlights
- Historic Art Deco landmark building, originally built in 1927, with recent $25MM renovation.
- Prime downtown location at the corner of 19th and Farnam Streets.
- High walk score (92) indicating excellent walkability.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,823
Businesses Nearby
44k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 59%
Dining 34%
Shops & Services 7%
Tupelo Honey
Dining
14,722 visits/mo
0.2 miles
Embassy Suites By Hilton Omaha Downtown Old Market
Hotels & Casinos
11,593 visits/mo
0.1 miles
Hilton Garden Inn
Hotels & Casinos
7,385 visits/mo
0.2 miles
Courtyard Omaha Downtown
Hotels & Casinos
5,574 visits/mo
0.2 miles
Pinnacle Bank
Shops & Services
3,212 visits/mo
0.2 miles
Demographics for 68102, NE
9,130
Population
5,922
Households
1.5
Avg Household Size
33
Median Age
51%
College-Educated
93%
High-School Grad
1.8 sq mi
ZIP Area
5,072
Density / Sq Mi
$60,525
Median Household Income
$46,309
Median Earnings
$1,242
Median Rent
$350,500
Median Home Value
Market
Lease Benchmarks for Omaha, NE
$23.62 /SF/Yr
Avg Asking Price
$8.95–$280 /SF/Yr
Price Range
6,589 SF
Avg Space Size
This space is priced 24% below the average of $23.62 /SF/Yr.
Vacancy Rate% for Retail in Omaha, NE
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Downtown Omaha commercial space in historic building with modern amenities.
Where is this retail space located?
The property is located at 1904 Farnam Street Omaha, NE.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Historic Art Deco landmark building, originally built in 1927, with recent $25MM renovation.; Prime downtown location at the corner of 19th and Farnam Streets.; High walk score (92) indicating excellent walkability.
