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The Hub 7 S 4th St 35,002 SF 76% Leased Retail Building Council Bluffs, IA 51503 $4,587,841 CAD ($131.07 CAD/SF)
INVESTMENT HIGHLIGHTS
- Prime Location, Maximum Potential - Nestled in the heart of a thriving commercial district
- Solid Investment, Steady Returns - Invest with confidence in this income-generating asset.
- Investment Opportunity of a Lifetime - Don't miss out on this rare chance to own a piece of prime real estate
- Versatile Spaces, Endless Possibilities - Featuring flexible floor plans and adaptable spaces
- Growth Potential, Future Prosperity - Positioned in a rapidly developing area with a growing economy, this property is poised for future prosperity.
EXECUTIVE SUMMARY
The Hub, located at 7 S 4th Street in Council Bluffs, Iowa, is a 35,002 square foot multi-tenant commercial building situated on 1.81 acres. It’s currently configured into three distinct suites, each with its own private entrance, allowing for maximum flexibility in occupancy and future use. Two of the spaces are currently operated by the owner and generate significant traffic. The Hub Trampoline Park—featuring trampolines, a ninja obstacle course, Axe Throwing, and Party Rooms—serves as the only large-scale indoor family entertainment center in Council Bluffs. Alongside it, Wonderbowl operates as a restaurant and bar with outdoor pickleball courts and a fully built-out patio event space. Combined, these businesses attract an estimated 3,000 to 6,000 visitors per month, creating an already established base of consistent foot traffic.
Approximately 8,500 square feet of the building remains vacant. Previously occupied by a cheerleading and tumbling program that served hundreds of student-athletes annually, this space is open, high-ceilinged, and move-in ready. It presents an immediate opportunity for an owner-user to establish or expand operations in a location that already draws families and activity-seekers from Council Bluffs and surrounding towns. The space would be ideal for a gymnastics gym, indoor sports courts, fitness training, batting cages, dance studio, or a golf simulator business. The environment has already proven successful for youth and family-focused programming.
Included in the sale is a separate, three-level parking garage totaling 59,750 square feet with 251 stalls. At present, only about 70% of is leased, which represents a major value-add opportunity for a buyer interested in maximizing recurring income. With additional leasing or event-based parking strategies, this portion of the asset could become a significant revenue stream on its own.
The current owner is willing to lease back the trampoline park and restaurant/bar portions of the building, providing immediate, stable income to a new owner. There is also an assumable loan in place offering financing efficiency for qualified buyers. Zoned C-4, The Hub is structurally sound, visibility strong, and use options broad. For an investor looking for stable income with upside, or for a business owner seeking a space that offers both scale and a built-in audience, The Hub is a compelling acquisition with real growth potential.
Approximately 8,500 square feet of the building remains vacant. Previously occupied by a cheerleading and tumbling program that served hundreds of student-athletes annually, this space is open, high-ceilinged, and move-in ready. It presents an immediate opportunity for an owner-user to establish or expand operations in a location that already draws families and activity-seekers from Council Bluffs and surrounding towns. The space would be ideal for a gymnastics gym, indoor sports courts, fitness training, batting cages, dance studio, or a golf simulator business. The environment has already proven successful for youth and family-focused programming.
Included in the sale is a separate, three-level parking garage totaling 59,750 square feet with 251 stalls. At present, only about 70% of is leased, which represents a major value-add opportunity for a buyer interested in maximizing recurring income. With additional leasing or event-based parking strategies, this portion of the asset could become a significant revenue stream on its own.
The current owner is willing to lease back the trampoline park and restaurant/bar portions of the building, providing immediate, stable income to a new owner. There is also an assumable loan in place offering financing efficiency for qualified buyers. Zoned C-4, The Hub is structurally sound, visibility strong, and use options broad. For an investor looking for stable income with upside, or for a business owner seeking a space that offers both scale and a built-in audience, The Hub is a compelling acquisition with real growth potential.
DATA ROOM Click Here to Access
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Health Club
Building Size
35,002 SF
Building Class
C
Year Built
1980
Price
$4,587,841 CAD
Price Per SF
$131.07 CAD
Percent Leased
76%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.72
Lot Size
1.11 AC
Opportunity Zone
Yes
Zoning
C-4
Frontage
1,102’ on 4th St
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Actuellement occupé par un gymnase de cheerleading depuis sept ans, ce bien est situé dans un complexe de divertissement familial de premier plan à Council Bluffs. La propriété bénéficie d'une forte synergie avec les entreprises existantes, ce qui contribue à un trafic piétonnier élevé et constant ainsi qu'à une clientèle diversifiée.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 7,000-8,500 SF | Flex | - | Now |
1st Floor
| Size |
| 7,000-8,500 SF |
| Space Use |
| Flex |
| Position |
| - |
| Available |
| Now |
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1st Floor
| Size | 7,000-8,500 SF |
| Space Use | Flex |
| Position | - |
| Available | Now |
Actuellement occupé par un gymnase de cheerleading depuis sept ans, ce bien est situé dans un complexe de divertissement familial de premier plan à Council Bluffs. La propriété bénéficie d'une forte synergie avec les entreprises existantes, ce qui contribue à un trafic piétonnier élevé et constant ainsi qu'à une clientèle diversifiée.
Walk Score®
Very Walkable (86)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 7544-36-205-002 | Improvements Assessment | $2,461,528 CAD |
| Land Assessment | $331,430 CAD | Total Assessment | $2,792,958 CAD |
PROPERTY TAXES
Parcel Number
7544-36-205-002
Land Assessment
$331,430 CAD
Improvements Assessment
$2,461,528 CAD
Total Assessment
$2,792,958 CAD
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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The Hub | 7 S 4th St
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