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Historic Art Deco Landmark Building
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1904 Farnam St, Omaha, NE 68102

Mixed-use property with residential and commercial spaces for rent.

Space Size1,448 SF
Property Size51,618 SF
Days on Market721

Property Features for 1904 Farnam St

General Information

Standard status Active
Size 1,448 SF
Property subtype Retail, Office
Lease Type NNN

Building Details

Building Size 51,618 SF
Year Built 1927
Tenancy Multiple

Spaces For Lease

at 1904 Farnam St Contact us

Existing Office

Size
1,448 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Cushman & Wakefield | The Lund Company
Listed By: Jorge Sotolongo · License #NE 20171182
Source: Crexi
Added: Aug 21, 2024 Changed: Aug 8 Last Checked: Jul 25 at 6:12AM

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 Cushman & Wakefield | The Lund Company

Investment Insights

Based on property information with market context.

Designed by John Latenser and Sons and constructed in 1927 by Kiewit Brothers, the Service Life Building is a historic Art Deco landmark in downtown Omaha, designated on March 27, 1984. 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 an estimated completion date of September 2025. This development will introduce 54 residential units and 5,000 square feet of commercial space, including two office suites and a new breakfast/lunch restaurant concept.

Key Highlights

  • Historic Art Deco landmark building designed by John Latenser and Sons.
  • Prime Downtown Omaha location.
  • Undergoing a $25MM development for residential and commercial use, estimated completion September 2025.

Property Analytics

Current Use

Gross John J Law Firm Fogarty Lund & Gross Law Firm Paralegal Power Co. Law Firm Josco Sales Employment Agency O!Language High School

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Butcher Veterinary Clinic Catering Service Pet Grooming Service

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

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,823
Businesses Nearby

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

Vacancy Rate% for Office in Omaha, NE

5.5% 2019
13.2% 2020
14.2% 2021
12.6% 2022
11.7% 2023
13.7% 2024
11.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property with residential and commercial spaces for rent.
Where is this mixed-use property located?
The property is located at 1904 Farnam St 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 designed by John Latenser and Sons.; Prime Downtown Omaha location.; Undergoing a $25MM development for residential and commercial use, estimated completion September 2025.
(402) 697-5851 Call to check price and availability
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