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Restaurant with Banquet Venue
For Sale
$1,690,000

1207 S 35TH Street, Council Bluffs, IA 51501

Commercial Sale, COUNCIL BLUFFS, IA

Property Size4,167 SF
Lot Size2.15 Acres
Price / SF$405.57
Days on Market201

Property Features for 1207 S 35TH Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-2
Directions Use mapping application of your choice.
Subdivision Area 2
Standard status Active
APN 7544 33 439 003
Size 4,167 SF
Lot size 2.15 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description BLACK SQUIRREL FLATS LT 3
Legal Description BLACK SQUIRREL FLATS LT 3

Utilities

Utilities Phone Available
Heating system Forced Air, Natural Gas
Cooling system Central Air

Building Details

Year built 1995
Building materials Frame, Brick
Roof type Asphalt, Metal
Listing Agency: Better Homes and Gardens Real Estate The Good Life Group
Listed By: Andi Coziahr · License #S67966000
Added: Feb 25 Changed: Sep 5 Last Checked: Sep 14 at 12:06AM
MLS# 26-309

Copyright © 2026 Southwest Iowa Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 4,167-square-foot restaurant property occupies 2.15 acres and includes an existing commercial kitchen, full-service bar, banquet and event space, and covered patio. The sale includes the real estate, furniture, fixtures, equipment, and inventory, providing an established physical setup for continued hospitality use or a new operating concept.

Constructed in 1995, the building uses frame and brick construction with a metal and asphalt roof. Interior comfort systems include natural gas and forced-air heating with central air conditioning. The property is zoned C-2 and has phone service available.

Key Highlights

  • 4,167 SF restaurant property on 2.15 acres
  • Commercial kitchen and full‑service bar
  • Dedicated banquet and event venue

Property Analytics

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Current Use

Tish's Restaurant Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Spa & Massage Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

190
Businesses Nearby
22k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 93% Hotels & Casinos 7%
Bucky's Convenience Stores Shops & Services
20,620 visits/mo 0.3 miles
Comfort Suites Omaha East-Council Bluffs Hotels & Casinos
1,179 visits/mo 0.3 miles
WoodSpring Suites Council Bluffs Hotels & Casinos
297 visits/mo 0.2 miles
Speedee Mart Shops & Services
288 visits/mo 0.4 miles

Demographics for 51501, IA

34,906
Population
15,217
Households
2.3
Avg Household Size
38
Median Age
17%
College-Educated
86%
High-School Grad
23.9 sq mi
ZIP Area
1,461
Density / Sq Mi
$59,314
Median Household Income
$40,229
Median Earnings
$997
Median Rent
$140,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • The Buffet at Ameristar Casino 2200 River Rd, Council Bluffs, IA 51501
  • Fresh Market Square Buffet 1 Harrah's Blvd, Council Bluffs, IA 51501

Frequently Asked Questions

What type of property is this?
Conventional restaurant - C-2-zoned hospitality property with a commercial kitchen, full-service bar, covered patio, and expansion area.
Where is this conventional restaurant located?
The property is located at 1207 S 35TH Street Council Bluffs, IA.
What is the asking price?
The asking price for this property is $1,690,000.
What are key features of this property?
This property features: 4,167 SF restaurant property on 2.15 acres; Commercial kitchen and full‑service bar; Dedicated banquet and event venue
More about this property
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