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Property profile & analytics
OFF-MARKET
Retail space

140 40th St Omaha, NE 68131-3045

4,656 SF 0.14 ac lot Built 1930
Entity Owned 8-yr Hold Free & Clear
Property ID
US57-1120221
Property summary
AI-generated overview

This exceptional 4,656 square foot commercial property, located at 140 S 40th St in Omaha, Nebraska's vibrant Blackstone District, presents a unique opportunity. Currently configured as a restaurant and bar, this single-tenant space offers 1,900 square feet of vacant area. The existing build-out includes a kitchen hood and partial restaurant infrastructure, providing a significant head start for a new tenant. Situated on a 0.14-acre lot (6,228 square feet) in Douglas County, this property benefits from its prime location within a thriving community. The Blackstone District is known for its diverse mix of restaurants, retail shops, offices, and residential units, ensuring high foot traffic and visibility. Landlords are offering a reduced market rent in exchange for tenant completion of the remaining build-out, allowing for customization to perfectly suit your business needs. This presents a rare chance to establish a business in a highly desirable and already-developed location with significant growth potential. The property's address is 140 S 40th St, Omaha, NE 68131.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1930
Total area 4,656 SF
Lot 0.14 ac (6,228 SF)
APN 1422700000
UPID US57-1120221
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Awan Aftab MD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Omaha 140 S 40th Street LLC · 8 yrs held
Omaha 140 S 40th Street LLC
since 2018
2 recorded transactions
2018
$90,000
2018
$130,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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