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
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

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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


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