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Mixed-Use Building With Apartments
For Sale
$225,000

519 S MAIN Street, Council Bluffs, IA 51503

Commercial Sale, COUNCIL BLUFFS, IA

Property Size3,976 SF
Price / SF$56.59
Days on Market357

Property Features for 519 S MAIN Street

General Information

Property type Commercial Sale
Property subtype Other
Basement Full
Directions South Main to 519
Subdivision Area 7
Standard status Active
APN 7544 36 180 001
Size 3,976 SF

Taxes and HOA fees

Tax Year 2024
Tax Description JACKSONS ADD N1/2 LT 12 BLK 5
Legal Description JACKSONS ADD N1/2 LT 12 BLK 5

Utilities

Heating system Natural Gas, Forced Air
Cooling system Central Air

Building Details

Year built 1900
Building materials Brick
Listing Agency: Key Real Estate
Listed By: John Edwards · License #B23418000
Added: Sep 23, 2025 Changed: Sep 12 Last Checked: Sep 14 at 8:06AM
MLS# 25-2031

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 3,976-square-foot mixed-use property combines commercial space with two apartments. The residential component includes one two-bedroom unit and one one-bedroom unit, and all spaces are currently rented.

Built in 1900, the brick building is served by natural-gas forced-air heat and central air conditioning. Its combination of commercial and residential occupancy creates a varied property profile within a single building.

Key Highlights

  • 3,976‑square‑foot mixed‑use building
  • Commercial space plus two apartments
  • One 2 bedroom apartment and one 1 bedroom apartment

Property Analytics

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Current Use

ATM Atm Main Street Tavern Bar & Pub

Suggested Use

Top Pick Grocery & Convenience Store Barber Shop Locksmith Electrical Service (Bike/Boat/Book/etc) Store Pet Grooming Service

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

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,257
Businesses Nearby
36k
Monthly Visits Nearby

Foot Traffic Nearby

Home Improvements & Furnishings 55% Shops & Services 26% Dining 13% Beauty & Spa 4%
Westlake Ace Hardware HyVee Shopping Center Home Improvements & Furnishings
17,068 visits/mo 0.4 miles
Dollar Tree Shops & Services
6,144 visits/mo 0.4 miles
Papa John's Pizza Dining
3,192 visits/mo 0.5 miles
Westlake Ace Hardware Home Improvements & Furnishings
2,724 visits/mo 0.4 miles
Discount Tire Store Shops & Services
1,894 visits/mo 0.4 miles

Demographics for 51503, IA

37,330
Population
16,154
Households
2.3
Avg Household Size
41
Median Age
30%
College-Educated
94%
High-School Grad
121.7 sq mi
ZIP Area
307
Density / Sq Mi
$76,064
Median Household Income
$46,986
Median Earnings
$964
Median Rent
$252,600
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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Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick property combining commercial space with two leased apartments in distinct residential configurations.
Where is this mixed-use property located?
The property is located at 519 S MAIN Street Council Bluffs, IA.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 3,976‑square‑foot mixed‑use building; Commercial space plus two apartments; One 2 bedroom apartment and one 1 bedroom apartment
More about this property
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