3630 California StOmaha, NE 68131

For Sale
$3,950,000

54-unit, value-add opportunity in historic Omaha.

Overview

Added:
Dec 11, 2024
Days on market:
92
This 41,150 square foot, four-story assisted living and memory care facility, built in 1962 and renovated in 2004, sits on a 54,014 square foot lot in Omaha, Nebraska (APN: 0944250051). The property features 72 beds across 54 units, offering assisted living, memory care, and respite care. Amenities include a full commercial kitchen, spacious dining rooms (including a private dining room), a chapel with daily services, a barber and beauty salon, library, media room, activity and craft room, landscaped courtyard, pub area, bird aviary, and laundry facilities. The property boasts 24-hour medical staff and is located in a Community Redevelopment Area, offering a value-add investment opportunity. The building is offered free and clear of existing debt, with seller financing available for qualified buyers. The net rentable square footage is 22,408 square feet, with a permitted zoning of R3-*LL. This unique property is deeply integrated into the surrounding community, fostering intergenerational activities. The asking price is $3,950,000 ($95.99/sq ft, $73,148.15/unit). The ownership is fee simple.

Highlights

  • Value-add opportunity with significant upside potential.
  • Free and clear of existing debt; seller financing available.
  • Located in a Community Redevelopment Area (CRA).
  • Assisted living, memory care, and respite care services offered.
  • Features a full commercial kitchen, spacious dining rooms, and a private dining room.
  • Amenities include a chapel, salon, library, activity room, courtyard, pub, aviary, and laundry facilities.

Property Details for 3630 California St

Property type
Retirement homes, Senior housing facilities
Square Feet
41,150 SF
Year Built/Renovated
1962/2004
Buildings
1
Stories
4
Units
54

Location Insight

City
Omaha
County
Douglas
State
Nebraska
Latitude
41.2652253
Longitude
-95.9677548
3630 California St, Omaha, Nebraska

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3630 California St
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