1516 Jones St

Retail-Commercial for Sale
Catylist Listing ID: 30519016
Property Subtypes: Convenience Store, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Vehicle Related
Building Size (RSF): 8,639 SF
Gross Building Area: 10,308 SF
Gross Land Area: 8,778 SF
Sale Price: $995,000
Unit Price: $115.18 PSF
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Building Name: Downtown Nightclub
Usable Size (USF): 10,308 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/1/2020

Overview / Comments

Baron Commercial is pleased to present 1516 Jones Street, Omaha, NE 68102. This Downtown Omaha building is ready for a new occupant and is available FOR SALE or FOR LEASE. Formerly Joy Night Club, this building is ready to rock and roll as an entertainment venue, turn-key with plenty of amenities, or it can easily be modified to fit a variety of other uses. Only blocks from Omaha’s Old Market, its large open floor plan and high ceilings give it a lot of potential. The three parking lots located on the south side of Jones Street, each with 30 stalls, are also available FOR SALE or FOR LEASE to the Buyer/Lessee. All personal property may accompany a sale or lease for an additional fee.

Additional Details

Nearest MSA: Omaha-Council Bluffs
County: Douglas
Tax ID/APN: 0315780002
Zoning: CBD-ACI-1(PL)
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Other
Property Located Between: Jackson and Leavenworth, 15th and 16th Streets
Property Visibility: Good
Largest Nearby Street: Leavenworth Street
Feet of Frontage: 66
Traffic/Vehicle Count: 7,648
Highway Access: Near I-80, I-480, and Highway 6
Airports: OMA
Site Description: # of Floors - 1 w/Balcony + Basement # of Restrooms - 2 ADA, 1 Employee Total Site Area - 8,778 SF/0.2 Acres Frontage - 66 F on Jones Street Zoning - CBD-ACI-1(PL) Walking Score - Very Walkable (87) Transit Score - Good Transit (57) Bike Score - Very Bikeable (74) Traffic Count - 7,648 EADT Parking - 3 Lots for Sale or Lease
Area Description: Downtown Omaha, NE with a mix of multi-family, retail, office and special use property.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 8,639 SF
Property Condition: Good
Year Built: 1890
Year Renovated: 1986
Roof Type: Hip
Exterior Description: Flat-faced building with no windows and a recessed entrance.
Parking Type: Other
Parking Description: The three parking lots located on the south side of Jones Street, each with 30 stalls, are also available FOR SALE or FOR LEASE to the Buyer/Lessee.
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: ISDN
Interior Description: 8,639 SF dance club near Omaha’s Old Market Open floor plan that can suit a wide variety of uses 609 maximum capacity 2 neon back-lit full-service bars Elevated DJ booth & sunken dance floor Coat check room, office, ice room & storage Large men’s and women’s restrooms 25’ ceiling height & trussing throughout 4 400 amp electric service panels with sequential electric supply (2) 15 Ton HVAC units and (2) 18 Ton HVAC units
Zoning Description: CBD-ACI-1(PL)
Lot Frontage: 66
Lot Depth: 133
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned
Legal Description: CITY LOTS LOT 6 BLOCK 171 1 FT VAC ALLEY ADJ & LOT 6 66 X 133

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,542 132,725 284,767
Median Age: 29.61 31.8 32.88
Households: 6,292 51,601 109,390


Photograph of Listing Agent

David J Carrig

Baron Commercial MRCIE Member
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