501 13Th StOmaha, NE 68102

For Sale
$1,685,000

Established Restaurant, 6,776 SF, High NOI

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional restaurant property, located at 501 South 13th Street in Omaha, Nebraska, presents a unique investment opportunity. Boasting 6,776 square feet, this single-story building was constructed in 1967 and enjoys a prime location in the Old Market district. Its prominent downtown Omaha address places it within blocks of major attractions such as the CHI Health Center Omaha arena, the Holland Center, and the Orpheum Theatre. The property's proximity to Gene Leahy Mall further enhances its desirability. This location benefits significantly from the ongoing $300 million Riverfront Revitalization Program, promising continued growth and increased foot traffic. The building features a lower level, adding to its functional space. The current net operating income (NOI) stands at $99,000, making this a financially attractive proposition. The asking price for this established restaurant is $1,685,000. This is a rare chance to acquire a well-situated, income-generating property in a thriving Omaha neighborhood. The property's size, location, and strong NOI make it an ideal investment for discerning buyers.

Highlights

  • 6,776 SF restaurant building in Omaha's Old Market.
  • Built in 1967, single-story with lower level.
  • Prime location near CHI Health Center, Holland Center, and Orpheum Theatre.
  • $99,000 annual net operating income (NOI).
  • Asking price: $1,685,000.

Property Details for 501 13Th St

Property type
Other retail properties, Restaurants
Square Feet
6,776 SF
Year Built
1967
Stories
1

Location Insight

City
Omaha
County
Douglas
State
Nebraska
Latitude
41.255492712058
Longitude
-95.932879426074
501 13Th St, Omaha, Nebraska

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501 13Th St
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