2801 BroadwayCouncil Bluffs, IA 51501

Property Details for 2801 Broadway

Year built

1957

Lot size

2.94 AC

Property size (Sq ft)

28,412 SF

Zone code

C-2

Property type

Retail space

APN

7544 27 387 001

APU

754427387001

Description

This exceptional 18,880-square-foot retail space is ideally situated on the West Broadway Corridor in Council Bluffs, Iowa, offering unparalleled visibility and accessibility. The property features a single-tenant occupancy, providing a unique opportunity for a business seeking a substantial footprint in a high-traffic area. The expansive square footage allows for versatile configurations to suit a wide range of retail operations. Ample parking is readily available for customers and employees, ensuring convenience and ease of access. The property also boasts excellent signage opportunities, maximizing brand visibility and attracting potential customers. This offering presents a ground lease opportunity, providing a flexible and potentially cost-effective option for long-term occupancy. The property's location in the vibrant West Broadway Corridor places it within a thriving commercial district, benefiting from high foot traffic and strong consumer demographics. The address is 2801 W Broadway, Council Bluffs, IA 51501. This is a remarkable chance to secure a prominent retail location in a desirable area of Council Bluffs. The property's size, location, and parking make it an attractive option for businesses seeking significant space and high visibility. The ground lease structure offers a unique advantage for long-term planning and financial stability. Interested parties are encouraged to inquire for further details and to explore the possibilities this exceptional property presents.

• CAP approach

  CAP return

  Valuation

  6%

  $7,674,634

  6.5%

  $7,084,278

  7%

  $6,578,258

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,654,374

  Geo Method

  $3,654,374

• Alternative Use

  Use

  Valuation

  Residential

  $5,975,853

  Hospitality

  $5,473,850

  Educational

  $4,554,178

  Medical

  $4,710,804

  Retail

  $7,084,278

Location Insight

City

Council Bluffs

County

Pottawattamie

State

Iowa

Latitude

41.2614

Longitude

-95.8898

CBSA code

36540

CBSA name

OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].