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    1550 21St St Omaha, NE 68108

    For Lease
    $15 SF/Yr ($12,911 /Mo)

    Downtown Omaha: Unique Office Suites Available

    Lot size:
    10,329 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This stunning, renovated 10,329 sq ft historic building in Downtown Omaha offers flexible office space ideal for coworking or creative office uses. Originally constructed in 1889, this three-story Class A building boasts Italianate architecture and exposed timber post and beam construction. Recent renovations (2022) include LED lighting, ADA-compliant restrooms, a glass-enclosed conference room, and a break room. The upper two floors offer 3,443 sq ft per floor of move-in ready space, perfect for multiple tenants or a single large occupant. The unfinished garden level, featuring an exterior dock and double-door entry, presents 3,443 sq ft of additional potential, suitable for storage or fulfillment operations. Located in Douglas County near the Woolworth cross street, this unique property provides a blend of historic charm and modern amenities in the vibrant Downtown Omaha submarket. The building is comprised of three suites, with a minimum divisible space of 3,443 sq ft and a maximum contiguous space of 10,329 sq ft. Currently, the entire 10,329 sq ft is vacant. The property has no elevators. This exceptional opportunity is perfect for businesses seeking a distinctive and functional workspace in a prime location. The zip code is 68108.

    Property Features for 1550 21St St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,329 SF
    Class
    A
    Total Rate
    12911.25

    Building Details

    Year Renovated
    2022
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    Suite 100
    Size
    3,443 SF
    Rate per SF
    $15
    Space
    Suite 200
    Size
    3,443 SF
    Rate per SF
    $15

    HighLights

    • 2021‑2022 Complete Renovation.
    • Exposed Post and Beam Construction on First Floor.
    • Energy‑Efficient LED Lighting.
    • ADA‑Compliant Restrooms.
    • Dedicated Break Room.
    • Glass‑Enclosed Conference Room.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office 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
    -95.944639205735
    Latitude
    41.244819187359

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    FAQs

    What type of property is this?
    Office space - Downtown Omaha: Unique Office Suites Available
    Where is this office space located?
    The property is located at 1550 21St St Omaha, NE.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 2021-2022 Complete Renovation.; Exposed Post and Beam Construction on First Floor.; Energy-Efficient LED Lighting.
    Request Owner's contact information
    1550 21St St Omaha, NE 68108
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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
    1550 21St St Omaha, NE 68108
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