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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 and/or hospitality space complete with banquet room and ample parking and 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 Uses:
Established restaurant
Catering headquarters
Wedding & reception venue
Corporate event center
Brewery or taproom
Sports bar & grill
Entertainment venue
Pickleball or volleyball concept
Private club
Food hall
Community gathering space

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
$2,380,348 CAD
Price Per SF
$571.24 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 - - -
Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
50/100

Nearby Major Retailers

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

  • Date on Market: 2025-05-12

  • Last Updated:

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

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