Mixed-Use Retail Building with
For Sale
$4,000,000
1402-1408 Howard Street, Omaha, NE 68102
Historic two-story brick mixed-use building offers a rooftop patio for an elevated tenant experience.
Property Size21,341 SF
Days on Market246
Property Features for 1402-1408 Howard Street
General Information
Standard status
Active
Size
21,341 SF
Property subtype
Street Retail
Amenities
rooftop patio
Building Details
Building Size
21,341 SF
Year Built
2019
Stories
2
Construction
brick
Properties For Sale
at 1402-1408 Howard Street Contact us1402 Howard Street
Size
8,435 SF
Lease Type
NNN
1408 Howard Street
Size
1,585 SF
Lease Type
NNN
1408 Howard Street
Size
2,460 SF
Lease Type
NNN
Listing Agency:
NAI NP Dodge
Listed By:
Eric Wieseler · License #20050563
(402) 255-6060
Source:
Thebrokerlist
Added: Feb 18
Changed: Oct 5
Last Checked: Oct 20 at 5:09PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI NP Dodge
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use property includes a rooftop patio and features a historic brick, two-story building structure. The configuration is designed to support both retail-oriented street presence and an elevated outdoor space.
Located at 1402 Howard Street in Omaha’s Historic Old Market, the property is positioned for foot-traffic driven business activity associated with the area.
Located at 1402 Howard Street in Omaha’s Historic Old Market, the property is positioned for foot-traffic driven business activity associated with the area.
Key Highlights
- Historic Old Market two‑story brick mixed‑use building
- Rooftop patio available
- Built in 2019
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$258,141
Cap Rate
6.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,162,820
$5.2M
Cap Rate 7%
$3,687,729
$3.7M
Cap Rate 9%
$2,868,233
$2.9M
Market Conditions
NOI Build-Up for 21,341 SF
Gross rent
$384.1K $18.00/SF
− Vacancy
−$15.4K −$0.72/SF
EGI
$368.8K $17.28/SF
− OpEx
−$110.6K −$5.18/SF
NOI
$258.1K $12.10/SF
Area
Omaha, NE
Vacancy
4.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,162,820
Cap Rate 7%
$3,687,729
Cap Rate 9%
$2,868,233
Alternative Uses
Best Use
Retail
$3.69M
$3.23M – $4.30M
NOI $258,141 @ 7.0% cap · market cap 6.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.61M
$4.91M – $6.55M
NOI $393,030 @ 7.0% cap · market cap 9.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,011
Businesses Nearby
44k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 59%
Dining 34%
Shops & Services 7%
Tupelo Honey
Dining
14,722 visits/mo
0.3 miles
Embassy Suites By Hilton Omaha Downtown Old Market
Hotels & Casinos
11,593 visits/mo
0.3 miles
Hilton Garden Inn
Hotels & Casinos
7,385 visits/mo
0.3 miles
Courtyard Omaha Downtown
Hotels & Casinos
5,574 visits/mo
0.3 miles
Pinnacle Bank
Shops & Services
3,212 visits/mo
0.3 miles
Demographics for 68102, NE
9,130
Population
5,922
Households
1.5
Avg Household Size
33
Median Age
51%
College-Educated
93%
High-School Grad
1.8 sq mi
ZIP Area
5,072
Density / Sq Mi
$60,525
Median Household Income
$46,309
Median Earnings
$1,242
Median Rent
$350,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Omaha, NE
Frequently Asked Questions
What type of property is this?
Retail space - Historic two-story brick mixed-use building offers a rooftop patio for an elevated tenant experience.
Where is this retail space located?
The property is located at 1402-1408 Howard Street Omaha, NE.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Historic Old Market two‑story brick mixed‑use building; Rooftop patio available; Built in 2019
