1321 O St Lincoln, NE 68508-1512
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.
-
The Watering Hole DOWNTOWN Bar & Pub Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B4 · Lincoln, NECosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.