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Property profile & analytics

1321 O St Lincoln, NE 68508

  • Commercial real estate
  • 5,250 SF
  • 0.41 lot acres
Value Estimation
Location Intelligence
Property ID
US57-0531838
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • The Watering Hole DOWNTOWN / Bar & Grill / American Restaurant

Property Details for 1321 O St

Year built
1910
Lot size
0.41 lot acres
Property size
5,250 SF
Zone code
B4
Property type
Commercial real estate
APN
10-26-252-001-000
APU
1026252001000

Description

This exceptional opportunity presents two prime bar/restaurant spaces for lease at 1321 O Street in Lincoln, Nebraska. The property, located in the heart of downtown, offers unparalleled access to high foot traffic and vibrant city energy. The building, constructed in 1900 and renovated in 2014, features a total of 6,338 square feet across two suites, each independently leasable. One space offers 3,148 square feet, while the other provides 3,190 square feet, allowing for flexibility to suit various business needs. Both spaces can be leased individually or combined for a total of 6,338 contiguous square feet. The property is zoned B4 - Lincoln Center Business, ensuring suitability for restaurant and bar operations. The building is a two-story structure, with the available spaces encompassing the entire building. The asking rent is $18.50 per square foot per year, with NNN charges of $3.20 per square foot per year. This presents a unique chance to establish or expand a thriving business in a highly desirable downtown Lincoln location, benefiting from excellent visibility and strong community engagement. The property's address is 1321 O Street, Lincoln, NE 68508, and its APN is 10-26-252-001-000. This Class C building offers a blend of historic charm and modern updates, creating an ideal setting for a successful culinary venture.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Lincoln
County
Lancaster
State
Nebraska
Longitude
-96.7019
Latitude
40.8133
CBSA code
30700
CBSA name
LINCOLN, NE METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$40,230
$745,500
$1,505,400
$2,250,900
-
$745,500
$1,505,400
$2,250,900
More about this property
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