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Mixed-Use Property with Apartments
For Sale
$225,000

519 S MAIN Street, Council Bluffs, IA 51503

COMMERCIAL - COUNCIL BLUFFS, IA

Property Size3,976 SF
Price / SF$56.59
Days on Market329

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: Aug 11 Last Checked: Aug 17 at 5:06PM
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 contains commercial space alongside two residential apartments. The apartment mix includes one two-bedroom unit and one one-bedroom unit, providing a combination of commercial and residential components within the same building. Both apartments are rented, and the property has a brick exterior dating to 1900.

Building systems include forced-air heating powered by natural gas and central air conditioning. The property is located at 519 S MAIN Street in Council Bluffs, Iowa, within ZIP Code 51503.

Key Highlights

  • 3,976‑square‑foot mixed‑use property
  • Commercial space plus two residential apartments
  • Unit mix includes one 2 bedroom and one 1 bedroom apartment

Property Analytics

Current Use

ATM Atm Main Street Tavern Bar & Pub

Suggested Use

Top Pick Grocery & Convenience Store Food Market (Bike/Boat/Book/etc) Store Barber Shop Locksmith Electrical 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

522
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick building combines commercial space with two rented apartments.
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 property; Commercial space plus two residential apartments; Unit mix includes one 2 bedroom and one 1 bedroom apartment
More about this property
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