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    501 13Th St Omaha, NE 68102

    Sponsored
    For Sale
    $1,685,000

    Established Restaurant, 6,776 SF, High NOI

    Property size:
    6,776 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional restaurant property, located at 501 South 13th Street in Omaha, Nebraska, presents a unique investment opportunity. Boasting 6,776 square feet, this single-story building was constructed in 1967 and enjoys a prime location in the Old Market district. Its prominent downtown Omaha address places it within blocks of major attractions such as the CHI Health Center Omaha arena, the Holland Center, and the Orpheum Theatre. The property's proximity to Gene Leahy Mall further enhances its desirability. This location benefits significantly from the ongoing $300 million Riverfront Revitalization Program, promising continued growth and increased foot traffic. The building features a lower level, adding to its functional space. The current net operating income (NOI) stands at $99,000, making this a financially attractive proposition. The asking price for this established restaurant is $1,685,000. This is a rare chance to acquire a well-situated, income-generating property in a thriving Omaha neighborhood. The property's size, location, and strong NOI make it an ideal investment for discerning buyers.

    Property Features for 501 13Th St

    General Information

    Property type
    Restaurants
    Square Feet
    6,776 SF

    Building Details

    Year Built
    1967
    Stories
    1

    HighLights

    • 6,776 SF restaurant building in Omaha's Old Market.
    • Built in 1967, single‑story with lower level.
    • Prime location near CHI Health Center, Holland Center, and Orpheum Theatre.
    • $99,000 annual net operating income (NOI).
    • Asking price: $1,685,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Get Out: Omaha ... Escape Room Center The Old Mattress Factory ... Bar

    Suggested Use

    Realty agency Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Omaha
    County
    Douglas
    State
    Nebraska
    Longitude
    -95.932879426074
    Latitude
    41.255492712058

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    FAQs

    What type of property is this?
    Restaurant - Established Restaurant, 6,776 SF, High NOI
    Where is this restaurant located?
    The property is located at 501 13Th St Omaha, NE.
    What is the asking price?
    The asking price for this property is $1,685,000.
    What are key features of this property?
    This property features: 6,776 SF restaurant building in Omaha's Old Market.; Built in 1967, single-story with lower level.; Prime location near CHI Health Center, Holland Center, and Orpheum Theatre.
    Request Owner's contact information
    501 13Th 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
    501 13Th St Omaha, NE 68102
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