Jamieson Townhomes 1001 Park Ave 15 Unit Apartment Building For Sale Omaha, NE 68105

The Jamison Condominiums at 1001 Park Avenue, Omaha, NE, offer a rare opportunity to restore and reimagine a historic property in a thriving urban neighborhood. Originally built in 1885 and 1896, the Victorian-style building underwent a major redevelopment in 1981, including updated plumbing and electrical systems. In 2010, it was renovated with new finishes as part of a condo conversion, blending modern updates with its original character. After years of buying back individual units, the owner had planned to revitalize the property, but now, ready to move on, is seeking a new investor to take the project across the finish line.
Now vacant and in need of renovation, this 15-unit community retains stunning architectural details like exposed brick, skylights, mezzanine bunks, hidden rooms, and oversized original finishes, alongside newer improvements from prior renovations. The Seller also owns 18,480 SF of developable land across the alley, perfect for additional development or parking to support the Jamison. The property is individually metered for gas and electric, while water/sewer costs can be billed back through the existing condo regime. Located in a Community Redevelopment Area (CRA) and Extremely Blighted Area (EBA), it also qualifies for redevelopment incentives.
Investors can renovate and operate as a rental, sell units as condos, or convert the property into townhomes with built-in rental income. With Omaha’s market surging, fueled by the $600M Mutual of Omaha HQ, $3.1B UNMC Project NExT, and the upcoming streetcar expansion, The Jamison is a one-of-a-kind opportunity to transform a historic landmark into a high-value asset.