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1332-1336 P St - Premier Downtown Lincoln Bar/Restaurant 5,318 SF Office/Retail Condo Unit Offered at $1,000,000 in Lincoln, NE 68508

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EXECUTIVE SUMMARY

Premium downtown location near UNL Dense retail, food, and nightlife corridor Established turnkey bar and speakeasy buildouts Kitchen installation negotiable Flexible buyer configurations (single or dual units) Strong leasing potential for investors Rare chance to own ground-floor commercial real estate in Downtown Lincoln

PROPERTY FACTS

Total Building Size 10,000 SF
Property Type Retail (Condo)
Property Subtype
Storefront Retail/Office
  • General Retail Bar
  • General Retail Fast Food
  • General Retail Restaurant
Building Class C
Floors 2
Typical Floor Size 5,000 SF
Year Built 1918
Lot Size 0.13 AC
Opportunity Zone Yes
Zoning B4

1 UNIT AVAILABLE

Unit A

Unit Size 5,318 SF
Price $1,000,000
Price Per SF $188.04
Condo Use Office/Retail
Sale Type Investment or Owner User
APN/Parcel ID 10-23-426-012-000
DESCRIPTION

1332 P Street | Lincoln, Nebraska
±5,318 SF | Ground-Floor Commercial Condominium
Ideal for Owner-Users or Investors

A rare opportunity to own a premium bar/restaurant property in the heart of Downtown Lincoln, just one block south of the University of Nebraska–Lincoln. This ground-floor commercial condominium offers exceptional versatility, strong foot traffic, and immediate access to one of the city’s most dynamic food and nightlife destinations.

Unmatched Location
Located along bustling P Street, this asset sits at the center of Lincoln’s highest-density dining district. Surrounding and adjacent restaurant operators include Raising Cane’s, Buffalo Wild Wings, Bison Witches Bar & Deli, Blaze Pizza, Chipotle, Panda Express, Bagels & Joe, Wendy’s, Arby’s, Domino’s, and Topper’s Pizza. With constant student, local, and visitor traffic, this corridor supports some of the strongest retail demand in the market.

Current Buildout
The property is currently improved with two distinct bar concepts:

Front Unit (P St Entrance): A traditional tavern/bar layout with bar infrastructure, open seating areas, and strong street visibility.

Back Unit (Alley Entrance): A fully built-out speakeasy bar, ideal for themed concepts, private events, or intimate gatherings.

For buyers interested in a restaurant operation, the owner is open to discussing the installation of a commercial kitchen.

Flexible Ownership Options
With a total of ±5,318 square feet, the ground floor can be purchased and utilized in various ways:

Owner-User:

Occupy the entire ground floor, just the front, or just the back.

Investor:

Lease to one full-building tenant or subdivide into two units (approximately ±3,700 SF front and ±1,600 SF back*)

Excellent leasing demand given the location and surrounding tenants.

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Walk Score®
Walker's Paradise (97)
Bike Score®
Very Bikeable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Buffalo Wild Wings
Blue Sushi Sake Grill
Steak ‘n Shake
HOTWORX
Starbucks
Wells Fargo
First National Bank of Omaha
Union Bank & Trust
U.S. Bank
CrossFit
  • Listing ID: 38731618

  • Date on Market: 12/10/2025

  • Last Updated:

  • Address: 1332-1336 P St, Lincoln, NE 68508

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