20th and Vinton

Retail-Commercial for Sale
Catylist Listing ID: 30408489
Property Subtypes: Convenience Store, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 3,262 SF
Gross Building Area: 6,524 SF
Gross Land Area: 4,829 SF
Sale Price: $259,000
Unit Price: $79.40 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/1/2019

Overview / Comments

Great building with an excellent location right along the busy Vinton Street at the intersection with 20th Street. Suitable for many uses, this building has a lot of potential!

Current Tenants

Tenant Business Name Grandma's Attic
Industry Type Retail Trade
Is Renting? Yes
Current Rent $1,000 PSF (Annual)
Options Owner requests that the tenant is given 90 notice to move out, at buyer's request.
Tenant Notes Tenancy at will.

Additional Details

Nearest MSA: Omaha-Council Bluffs
County: Douglas
Tax ID/APN: 1639090000
Zoning: GC(*)
Retail Clientele: General, Family, Business, Traveler, Tourist, Convention, Other
Property Located Between: 13th and 24th on Vinton Street
Property Visibility: Excellent
Largest Nearby Street: Vinton Street
Feet of Frontage: 200
Traffic/Vehicle Count: 10,004
Highway Access: Excellent proximity to I-80 and I-480
Airports: Epply Airfield
Site Description: The building's structure conforms to the triangular parcel it sits on with 20th Street to the east and Vinton to the northwest. It's unique location and build give make it highly visible on the heavily traveled routes through southeast Omaha.
Area Description: The Vinton Street corridor is a highly walkable, mixed use area surrounded by residential homes making it an excellent location for any retail or service function. This area has the potential to be the next focus area of development here in Omaha, much like Blackstone or Benson before it.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,262 SF
Property Condition: Average
Year Built: 1947
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Single story brick building with a triangular footprint. There are two garages that lead to the basement on the east-facing side of the building, making the below-grade space more accessible.
Total Parking Spaces: 10
Parking Ratio: 3.1 (per 1000 SF)
Parking Type: Surface, Other
Parking Description: Off-street parking is available adjacent to the structure.
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Interior Description: This building features a wide open floor plan ready for modification to fit any use.
Zoning Description: General Commercial
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned
Legal Description: LOVETT & WOODMANS SUB DIV LOT 8 BLOCK 0 ALL LT 1 & N 32.82 FT LT 2 & PT LT 8 ON W

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,889 132,014 275,770
Median Age: 30.28 31.77 33.3
Households: 6,186 50,314 106,715

Contact

Photograph of Listing Agent

David J Carrig

Baron Commercial MRCIE Member
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