1600 Farnam St Omaha, NE 68102

This exceptional investment opportunity presents the entire 17,816 square foot commercial holding at 1600 Farnam Street in Omaha, Nebraska's vibrant Central Business District (CBD). Built in 1917, this architecturally stunning 2.5-story building, formerly the First National Bank, offers a unique blend of history and modern potential. The property includes three main street storefronts currently leased to established businesses under long-term, net-net-net (NNN) leases, generating multiple income streams. Additionally, the property boasts attached parking garage rights, an original bank vault area, and income from a cell tower. Currently vacant, the substantial office space presents an ideal owner-user opportunity or could be repurposed for a variety of uses, such as event space. The building's prime corner location at 16th and Farnam offers unparalleled visibility and access, further enhanced by its proximity to the proposed trolley turnaround and stunning views of the downtown riverfront project. The nearby 700-unit NuStyle development adds to the area's growing appeal and future potential. The asking price is $2,945,000, with a price per square foot of $165.30. The property is zoned for CBD use and features a remaining lease term of 10 years. This is a rare chance to acquire a landmark Omaha property with significant income potential and redevelopment possibilities.