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    1501 Howard St Omaha, NE 68102

    Sponsored
    For Lease
    $16 SF/Yr

    Prime Omaha storefront, multiple suites available.

    Lot size:
    26,136 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 1501 Howard Street in Omaha, Nebraska, presents a unique opportunity for retail or restaurant businesses. The three-story, Class B building, constructed in 1892, offers a total of 26,136 square feet, encompassing two suites. Suite 1 comprises 3,117 square feet, while Suite 2 offers 2,838 square feet. Currently, 5,955 square feet are vacant and available for lease. The minimum divisible space is 2,838 square feet, with a maximum contiguous space of 3,117 square feet. The property sits on a 0.2-acre lot and includes 16 parking spaces. Located in Douglas County, Nebraska, with a zip code of 68102, this property benefits from its established location and high visibility. The asking rent is $16.00 per square foot. Suite 1's monthly rent is $4,156.00, with an additional $6,462.58 in monthly charges. Suite 2's monthly rent is $3,784.00, with an additional $5,884.12 in monthly charges. This historic building offers a blend of character and modern functionality, making it an ideal location for a variety of businesses. Don't miss this chance to secure a prominent space in Omaha's vibrant commercial district.

    Property Features for 1501 Howard St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    26,136 SF
    Class
    B
    Total Rate
    34848

    Building Details

    Year Built
    1892
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    Suite 1
    Size
    3,117 SF
    Rate per SF
    $16
    Space
    Suite 2
    Size
    2,838 SF
    Rate per SF
    $16

    HighLights

    • $25M Howard Street Redevelopment Project component.
    • 16 basement parking spaces plus on‑street metered parking.
    • Three‑story brick building in Omaha's downtown.
    Property Profile Location Intelligence

    Current Use by Public Records

    Men's Healing Clinic Medical Clinic Cool Cole Theater Childrens Theater

    Suggested Use

    Realty agency Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Omaha
    County
    Douglas
    State
    Nebraska
    Longitude
    -95.936054669308
    Latitude
    41.255506331452

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    FAQs

    What type of property is this?
    Restaurant - Prime Omaha storefront, multiple suites available.
    Where is this restaurant located?
    The property is located at 1501 Howard St Omaha, NE.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: $25M Howard Street Redevelopment Project component.; 16 basement parking spaces plus on-street metered parking.; Three-story brick building in Omaha's downtown.
    Request Owner's contact information
    1501 Howard St Omaha, NE 68102
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1501 Howard St Omaha, NE 68102
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