Collector's Choice Estate Sale Facility in former Theater

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30752991
Property Subtypes: Free-Standing Building, Mixed Use, Movie Theatre, Other
Status: Pending/Contingent
Building Size (RSF): 13,756 SF
Gross Land Area: 0.54 Acres
Sale Price: $750,000
Unit Price: $54.52 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Collector's Choice Estate Sale Theater Gallery
Usable Size (USF): 13,756 SF
Sale Terms: Cash to Seller
Cap Rate: 8.0%
Average Occupancy Rate: 100
Last Updated: 9/10/2021

Overview / Comments

Prime location in the middle of new development in the heart of Midtown
Solid construction and versatile layout for a wide variety of applications.
One of the leading estate sale and consignment sales service providers in the Omaha metro area is ready to pass the torch to you to continue a decades-long tradition of success; or re-purpose the building to make your own dreams come true. Business is available for sale; building may be leased or purchased if the business is sold as well. Beautiful showroom full of furnishings, artwork, jewelry and other high-end vintage, antique and newer items to enhance the home. This large and architecturally-distinct commercial building in a prime part of Omaha is available, which includes a loft apartment and a parking lot that could be converted into new development; located on a popular street with new and growing businesses nearby. Parking lot across street available for additional $250,000.

Additional Details

Nearest MSA: Omaha-Council Bluffs
County: Douglas
Taxing Authority: Douglas County
Tax ID/APN: 1038550002
Zoning: COMMERCIAL
Retail Clientele: General, Business, Traveler, Tourist, Recreation
Property Located Between: Other rejuvenated historic bar, restaurant and retail free-standing facilities
Property Visibility: Excellent
Largest Nearby Street: Center Street; I-75 and I-80 interchanges
Highway Access: 2 minutes to I-75 and I-80 intersection
Airports: 7 minutes to Omaha's Eppley Airfield International Medium Hub
Site Description: More than half an acre with excellent street visibility
Area Description: A thriving historic district with many recently renovated restaurant, bar and retail free-standing structures nearby, in the heart of a beautiful neighborhood near Downtown, Midtown and South Omaha
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 13,756 SF
Property Condition: Good
Year Built: 1951
Year Renovated: 1976
Roof Type: Barrel Shell
Construction/Siding: Block
Exterior Description: Distinct parapet walls, with a castle-like appearance
Total Parking Spaces: 30
Parking Description: 30 on main property; parking lot across street also available with additional 50 spaces
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Interior Description: Large theater / showroom good for events and more. Large warehouse for work and storage. Several office spaces. Kitchenette. Upstairs apartment with in-kitchen dining room, living room, bedroom, bath-shower, etc. Extensive basement with good utilizable space.
Zoning Description: Commericial
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 25,189 144,222 308,447
Median Age: 32.26 31.79 33.65
Households: 9,865 56,086 121,167

Contact

© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Midlands Regional CIE nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.