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    414 14Th St Omaha, NE 68102

    For Lease
    $14 SF/Yr ($9,843 /Mo)

    Historic building, modern finishes, 2 suites available

    Lot size:
    8,146 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    The Medlar Building, located at 414 S 14th St in Omaha, Nebraska's vibrant Downtown submarket, offers unique creative office space in a beautifully restored 1903 building. This three-story Class C building boasts a total of 8,146 square feet, with 4,258 square feet currently available for lease. Two contiguous suites are available, ranging from 2,092 to 2,166 square feet, ideal for a creative or technology-focused team. The building's character is enhanced by exposed brick walls, stylish glass details, and modern finishes, creating a distinctive and inspiring work environment. The property features a recently updated HVAC system ensuring year-round comfort. Parking is available for up to six vehicles at a monthly rate of $70, accessible on weekdays only. One elevator serves all three floors. This is a rare opportunity to lease in a historic building with on-site ownership, perfectly situated near the Old Market. The zip code is 68102.

    Property Features for 414 14Th St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,146 SF
    Class
    C
    Total Rate
    9843.08

    Building Details

    Year Built
    1903
    Stories
    3

    Unit(s) available at that property

    Space
    Lower Level
    Size
    2,166 SF
    Rate per SF
    $14
    Space
    First Floor
    Size
    2,092 SF
    Rate per SF
    $14

    HighLights

    • 8,146 SF Class C office building in Omaha's Downtown submarket.
    • 4,258 SF of contiguous office space available for lease, in two suites ranging from 2,092 SF to 2,166 SF.
    • Beautifully restored 1903 building with exposed brick, stylish glass details, and modern finishes.
    • Recently updated HVAC system.
    • On‑site parking for up to six vehicles ($70/month, weekday access only).
    • One elevator.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Redwood Group Logistics Service

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Omaha
    County
    Douglas
    State
    Nebraska
    Longitude
    -95.934485569117
    Latitude
    41.256190779063

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    FAQs

    What type of property is this?
    Office space - Historic building, modern finishes, 2 suites available
    Where is this office space located?
    The property is located at 414 14Th St Omaha, NE.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 8,146 SF Class C office building in Omaha's Downtown submarket.; 4,258 SF of contiguous office space available for lease, in two suites ranging from 2,092 SF to 2,166 SF.; Beautifully restored 1903 building with exposed brick, stylish glass details, and modern finishes.
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    Omaha, NE 68102
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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
    414 14Th St Omaha, NE 68102
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