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    563 18Th St Omaha, NE 68102

    For Lease
    $18 SF/Yr ($12,289 /Mo)

    Downtown Omaha Retail, 1,000 SF Available

    Lot size:
    8,193 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    The Freiden Building, a beautifully renovated 1923 structure (2019 renovation), offers a unique retail opportunity in Omaha's vibrant Flatiron District. This 8,193 square foot building, zoned CBD, sits on a 0.07-acre lot and is currently offering 1,000 square feet of immediately available street retail space. The minimum divisible space is 1,000 square feet, with a maximum contiguous space also at 1,000 square feet. The building's prime location places it within minutes of the Old Market, Orpheum Theater, and Courthouse, benefiting from high foot traffic and visibility. Its strategic position directly below recently renovated apartments ensures a built-in customer base. The surrounding area is experiencing significant revitalization, including the redevelopment of the Standard Oil building, Redfield building, and the new Juvenile Justice Center, promising continued growth and increased property value. This multi-tenant building presents a fantastic chance to establish a business in a thriving, historic district of Douglas County. The property's blend of historic charm and modern updates makes it an exceptional investment opportunity. Don't miss this chance to secure a space in one of Omaha's most exciting and rapidly developing areas.

    Property Features for 563 18Th St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,193 SF
    Total Rate
    12289.5

    Building Details

    Year Built/Renovated
    1923/2019

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    1,000 SF
    Rate per SF
    $18

    HighLights

    • 8,193 square foot multi‑tenant retail and office building in Omaha's vibrant Flatiron District.
    • 1,000 square feet of vacant street retail space immediately available.
    • Minimum divisible space: 1,000 square feet; maximum contiguous space: 1,000 square feet.
    • Located in the heart of Omaha's Flatiron District, near the Old Market, Orpheum Theater, and Courthouse.
    • Building renovated in 2019; originally built in 1923.
    • 0.07‑acre lot size.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Crave Studios Spa

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Law Firm Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Omaha
    County
    Douglas
    State
    Nebraska
    Longitude
    -95.9396256
    Latitude
    41.254626

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    FAQs

    What type of property is this?
    Individual retail property - Downtown Omaha Retail, 1,000 SF Available
    Where is this individual retail property located?
    The property is located at 563 18Th 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: 8,193 square foot multi-tenant retail and office building in Omaha's vibrant Flatiron District.; 1,000 square feet of vacant street retail space immediately available.; Minimum divisible space: 1,000 square feet; maximum contiguous space: 1,000 square feet.
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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
    563 18Th St Omaha, NE 68102
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