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Boutique Limited-Service Motel Property
For Sale
$950,000

926 Oak St, Lincoln, NE 68521

Boutique limited-service motel with renovated guest rooms, onsite paved parking, and an outdoor courtyard.

Property Size1 SF
Lot Size1.00 Acre
Price / SF$950,000
Days on Market82

Property Features for 926 Oak St

General Information

Standard status Active
Size 1 SF
Lot size 1.00 Acre
Zoning H3

Additional Details

Furnished Yes
Business Included Yes

Amenities

outdoor courtyard
keyless smart-lock entry

Building Details

Year Renovated 2024
Listing Agency: eXp Commercial | Nebraska
Listed By: Amy Brown · License #20210019
Source: Expcommercial
Added: Jun 18 Changed: Sep 6 Last Checked: Sep 7 at 4:39AM

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 eXp Commercial | Nebraska

Investment Insights

Based on property information with market context.

The Herbie is a boutique limited-service motel and short-term lodging property featuring a three-building motel complex. The property includes 14 existing units/keys, plus a larger three-bedroom, two-bathroom unit that may be used as owner/operator quarters or additional rentable accommodation. Active guest rooms were renovated in 2023–2024 with updated finishes, keyless smart-lock entry, FF&E, appliances, décor, and guest amenities. Select units also feature full kitchenettes.

The site includes onsite paved parking and a curated outdoor courtyard amenity area. The sale is described as turn-key and includes the real estate, site improvements, FF&E, furnishings, appliances, décor, operating supplies, and The Herbie brand, along with the website/domain and existing booking infrastructure. The offering also notes potential value-add through additional operational enhancements and the possibility of renovation or activation of the gutted Building 3 shell, subject to buyer due diligence, permits, and feasibility.

Key Highlights

  • Boutique limited‑service motel/short‑term lodging at 926 Oak Street, Lincoln, NE
  • Approx. 1‑acre site with 3‑building complex totaling approx. 6,602 SF
  • 14 existing units/keys, including a 3BR/2BA unit that may serve as owner/operator quarters or additional rental

Property Analytics

Current Use

Oak Park Motel Hotel & Motel

Suggested Use

Top Pick Law Firm Dental Office Restaurant Hair Salon Spa & Massage Center Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

363
Businesses Nearby
Well-served
Demand for This Use

Demographics for 68521, NE

37,251
Population
15,657
Households
2.4
Avg Household Size
31
Median Age
32%
College-Educated
88%
High-School Grad
13.2 sq mi
ZIP Area
2,822
Density / Sq Mi
$66,902
Median Household Income
$38,755
Median Earnings
$1,196
Median Rent
$235,600
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • 1244 new hampshire street 1244 New Hampshire St, Lincoln, NE 68508
  • Oak Park Motel 926 Oak St, Lincoln, NE 68521
  • Quality Inn Lincoln Cornhusker 1133 Belmont Ave, Lincoln, NE 68521
  • Sharon Motel 1717 Cornhusker Hwy # 14, Lincoln, NE 68521

Frequently Asked Questions

What type of property is this?
Motel - Boutique limited-service motel with renovated guest rooms, onsite paved parking, and an outdoor courtyard.
Where is this motel located?
The property is located at 926 Oak St Lincoln, NE.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Boutique limited‑service motel/short‑term lodging at 926 Oak Street, Lincoln, NE; Approx. 1‑acre site with 3‑building complex totaling approx. 6,602 SF; 14 existing units/keys, including a 3BR/2BA unit that may serve as owner/operator quarters or additional rental
More about this property
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