6624 Blondo StOmaha, NE 68104

For Sale
$629,500

Omaha, NE: 6,480 SF Mixed-Use Building

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional mixed-use property, located at 6624 Blondo Street in Omaha, Nebraska, presents a compelling investment opportunity. The 6,480 square foot building, constructed in 1952 and extensively renovated in 2022, boasts a desirable Class B designation. The property features a blend of commercial and residential spaces, including three commercial suites and three residential units. Two of the residential units are fully furnished Airbnbs, providing a consistent income stream, while the third is currently rented. This translates to a strong net operating income (NOI) of $41,000, resulting in an attractive 6.51% cap rate. The building sits on a 0.18-acre lot and benefits from excellent visibility and signage due to its location on a busy stretch of Blondo Street. Two dedicated parking lots ensure convenient access for both commercial tenants and residents. The property is zoned for mixed use with residential units, offering flexibility for future development. The asking price is $629,500, with an occupancy date of October 1, 2024. This fee-simple ownership opportunity provides a turnkey investment with significant potential for growth. The property's features include a multi-tenant occupancy and a one-story building with two stories. The APN is 0650830002.

Highlights

  • Turnkey investment with fully furnished Airbnbs.
  • Two dedicated parking lots.
  • Mixed-use property with commercial suites and residential units.
  • Excellent visibility and signage on busy Blondo Street.

Property Details for 6624 Blondo St

Property type
Other retail properties, Individual retail properties
Square Feet
6,480 SF
Class
B
Year Built/Renovated
1952/2022
Buildings
1
Stories
2
Lot Size (sq. ft)
7,841 SF

Location Insight

City
Omaha
County
Douglas
State
Nebraska
Latitude
41.277736781504
Longitude
-96.015222926055
6624 Blondo St, Omaha, Nebraska

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6624 Blondo St
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