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406 S 12th St
Omaha, NE 68102
National Building · Office Property For Sale
Executive Summary
The National Building is in the heart of Omaha’s famed Old Market at 12th and Harney. Omaha’s Old Market features many of the area’s top restaurants, entertainment and nightlife destinations, and is the metro area’s only prime historic walking district. The RiverFront consists of three new parks; the Gene Leahy Mall opened in 2022, and the other two parks will open in 2023. This iconic building features amazing natural light, open plans, atrium stairs, and plenty of ceiling height.
This opportunity is ideal for a developer or owner/user looking to restore one of Omaha’s most historic office/retail buildings. The building could have a rooftop, or two additional floors. Currently there is 26,144 square feet of rentable area that could be divided into main level retail with an office above. The floor plates are 5,808 square feet and the lower level
is 8,720 square feet. The building consists of three stories plus a lower level. Development opportunities may include a fifth & sixth level to this stout concrete floor & column structure.
This opportunity is ideal for a developer or owner/user looking to restore one of Omaha’s most historic office/retail buildings. The building could have a rooftop, or two additional floors. Currently there is 26,144 square feet of rentable area that could be divided into main level retail with an office above. The floor plates are 5,808 square feet and the lower level
is 8,720 square feet. The building consists of three stories plus a lower level. Development opportunities may include a fifth & sixth level to this stout concrete floor & column structure.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Building Size
26,144 SF
Building Class
B
Year Built/Renovated
1914/1994
Price
$4,495,000
Price Per SF
$171.93
Tenancy
Single
Building Height
4 Stories
Typical Floor Size
5,808 SF
Slab To Slab
12’
Building FAR
4.50
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
CBD
Property Taxes
| Parcel Number | 1415-0006-03 | Improvements Assessment | $402,500 |
| Land Assessment | $154,700 | Total Assessment | $557,200 |
Property Taxes
Parcel Number
1415-0006-03
Land Assessment
$154,700
Improvements Assessment
$402,500
Total Assessment
$557,200
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