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    1321 O St Lincoln, NE 68508

    Sponsored
    For Lease
    $18 SF/Yr ($9,771 /Mo)

    Prime Lincoln location, two spaces available.

    Lot size:
    6,338 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional opportunity presents two prime bar/restaurant spaces for lease at 1321 O Street in Lincoln, Nebraska. The property, located in the heart of downtown, offers unparalleled access to high foot traffic and vibrant city energy. The building, constructed in 1900 and renovated in 2014, features a total of 6,338 square feet across two suites, each independently leasable. One space offers 3,148 square feet, while the other provides 3,190 square feet, allowing for flexibility to suit various business needs. Both spaces can be leased individually or combined for a total of 6,338 contiguous square feet. The property is zoned B4 - Lincoln Center Business, ensuring suitability for restaurant and bar operations. The building is a two-story structure, with the available spaces encompassing the entire building. The asking rent is $18.50 per square foot per year, with NNN charges of $3.20 per square foot per year. This presents a unique chance to establish or expand a thriving business in a highly desirable downtown Lincoln location, benefiting from excellent visibility and strong community engagement. The property's address is 1321 O Street, Lincoln, NE 68508, and its APN is 10-26-252-001-000. This Class C building offers a blend of historic charm and modern updates, creating an ideal setting for a successful culinary venture.

    Property Features for 1321 O St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,338 SF
    Class
    C
    Total Rate
    9771.08

    Building Details

    Year Built/Renovated
    1900/2014
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    1321 O St
    Size
    3,148 SF
    Rate per SF
    $18
    Space
    1323 O St
    Size
    3,190 SF
    Rate per SF
    $18

    HighLights

    • Prime downtown location with high foot traffic.
    • 6,338 square feet total, divisible into two ~3,000 square foot units.
    • Existing bar/restaurant build‑out with bar, seating, ADA restrooms, and full kitchen.
    • High street visibility and walk‑in traffic.
    • Located in a vibrant downtown area with diverse amenities.
    • Convenient public transportation and ample nearby parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Watering Hole DOWNTOWN Bar & Grill

    Suggested Use

    Realty agency Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Law Firm Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln
    County
    Lancaster
    State
    Nebraska
    Longitude
    -96.70201498258
    Latitude
    40.81363834934

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    FAQs

    What type of property is this?
    Restaurant - Prime Lincoln location, two spaces available.
    Where is this restaurant located?
    The property is located at 1321 O St Lincoln, NE.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: Prime downtown location with high foot traffic.; 6,338 square feet total, divisible into two ~3,000 square foot units.; Existing bar/restaurant build-out with bar, seating, ADA restrooms, and full kitchen.
    Request Owner's contact information
    1321 O St Lincoln, NE 68508
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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
    1321 O St Lincoln, NE 68508
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