3909 Farnam St Omaha, NE 68131-3013
- Retail space
- 5,958 SF
- 0.22 lot acres
Current Use by Public Records
- Renos Karaoke / Bar / Karaoke Bar
Property Details for 3909 Farnam St
- Year built
- 1955
- Lot size
- 0.22 lot acres
- Property size
- 5,958 SF
- Property type
- Retail space
- APN
- 1310260004
- APU
- 1310260004
Description
This exceptional investment opportunity presents a prime Omaha, Nebraska, commercial property located at 3909 Farnam Street, within the vibrant Blackstone District. The property, encompassing 5,686 square feet on a 0.21-acre lot (APN 1310260002), is a Class A, two-story building constructed in 1953 and extensively renovated in 2016. Currently, the first floor houses the thriving Renos Karaoke bar, occupying 2,795 square feet and featuring private rooms and a patio. This successful business offers immediate lease income. The second floor provides an additional 2,891 square feet of vacant restaurant space, ready for immediate occupancy or lease. This space boasts hardwood floors, a built-in bar, a full kitchen (with all equipment included), and access to an outdoor patio. The property is zoned GC and benefits from a large private parking lot accessible from Harney Street, catering to both tenants and patrons. High daytime foot traffic in the Blackstone District adds significant value to this turnkey operation. This is a rare opportunity to acquire a well-established business with significant expansion potential.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $335,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $426,000
Market price range: $258k - $662k
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Location Insight
- Map
- Local Demand
- City
- Omaha
- County
- Douglas
- State
- Nebraska
- Longitude
- -95.9725
- Latitude
- 41.2575
- CBSA code
- 36540
- CBSA name
- OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA
