Share This Listing

Message

916 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

4,167 SF Restaurant on 2.15 Acres | FF&E Incd 1207 S 35th St 4,167 SF Retail Building Council Bluffs, IA 51501 $2,296,710 CAD ($551.17 CAD/SF) 4.90% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

Investment Highlights

  • • Real Estate + FF&E Included • Approx. 10% Adjusted Cap Rate at Asking • Underutilized Operations • Expansion or Redevelopment Potential

Executive Summary

Freestanding 4,167 SF restaurant building situated on 2.15 acres in Council Bluffs, just minutes from Downtown Omaha with immediate access to I-29 and I-80.
Offering includes real estate, FF&E, and inventory. The business name is excluded, allowing flexibility for rebranding or franchise conversion.
The oversized site provides rare expansion potential for outdoor recreation or entertainment concepts such as sand volleyball, pickleball courts, patio expansion, or event space. Ideal for an owner-operator, sports bar concept, entertainment venue, or redevelopment opportunity.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,167 SF
Building Class
B
Year Built
1995
Price
$2,296,710 CAD
Price Per SF
$551.17 CAD
Cap Rate
4.90%
NOI
$112,539 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
2.15 AC
Opportunity Zone
Yes
Zoning
C-2 - General Commercial District (C-2)Opportunity Zone
Parking
46 Spaces (11.04 Spaces per 1,000 SF Leased)
Frontage
140’ on S 35th St

Amenities

  • Pylon Sign

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Tish's Restaurant
  • Retailer
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Tish's Restaurant Retailer - - -

Nearby Major Retailers

Scooter's Coffeehouse
Quaker Steak & Lube
Hooters
Village Inn
Starbucks
  • Listing ID: 35832795

  • Date on Market: 2025-05-12

  • Last Updated:

  • Address: 1207 S 35th St, Council Bluffs, IA 51501

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}