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Property profile & analytics
FOR LEASE
Retail space

1501 Howard St Omaha, NE 68102

26,136 SF 0.2 ac lot Built 1892
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US57-1111717
Property summary
AI-generated overview

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 profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1892
Total area 26,136 SF
Lot 0.2 ac (8,712 SF)
APN 315670000
UPID US57-1111717
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
  • Men's Healing Clinic Medical Clinic
  • Cool Cole Theater Theater & Performing Art Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.78M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.85M
Blend (final) Blend
$1.74M
Owner & transaction history
Howardstreetrehabowner LLC · 1 yrs held
Howardstreetrehabowner LLC
since 2025
Last sale
$1.6M
7 recorded transactions
2025
$677,000
2021
$1.6M
2021
Price N/A
2016
Price N/A
2015
$880,000
2014
$680,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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