Multi-Tenant Commercial Building with
7 S 4th Street, Council Bluffs, IA 51503
Call to check price and availability
35,002 SF multi-tenant building with income and growth potential.
Type:Retail, Industrial, Mixed Use
Property size:
35,002 SFLot size:
1.81 AcresPrice / SF:
$95/SF- Added:
- Jun 19, 2025
- Days on Market:
- 346
- Last Refresh:
- May 16 at 8:26 pm
Property Features for 7 S 4th Street
General Information
- Standard status
- Active
- Size
- 35,002 SF
- Lot size
- 1.81 Acres
- Property subtype
- Retail, Industrial, Mixed Use
Building Details
- Year Built
- 1980
Listing agent Rachelle Edwards License #IA s69992000
Listing office Heartland Properties, Inc. (712) 325-0445
Listing date Jun 19, 2025
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Heartland Properties, Inc.
HighLights
- Established multi‑tenant commercial building (35,002 sq ft) with significant existing foot traffic (3,000‑6,000 visitors/month) from owner‑operated businesses.
- Large vacant space (8,500 sq ft) is move‑in ready and ideal for youth/family‑focused businesses.
- Separate, three‑level parking garage (59,750 sq ft, 251 stalls) with significant value‑add opportunity.
- Owner willing to lease back existing businesses, providing immediate and stable income.
- Assumable loan in place, offering financing efficiency.
- Located on 1.81 acres, zoned C‑4, structurally sound, with strong visibility and broad use options.
Overview
Located at 7 S 4th Street in Council Bluffs, Iowa, The Hub is a 35,002 square foot multi-tenant commercial building situated on 1.81 acres. Configured into three distinct suites, each with a private entrance, the property allows for flexibility in occupancy and future use. Two of the spaces are currently operated by the owner and generate traffic. The Hub Trampoline Park features trampolines, a ninja obstacle course, axe throwing, and party rooms, and serves as the only large-scale indoor family entertainment center in Council Bluffs. 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. Approximately 8,500 square feet of the building remains vacant. Previously occupied by a cheerleading and tumbling program, this space is open, high-ceilinged, and move-in ready. It presents an opportunity for an owner-user to establish or expand operations. The space would be ideal for a gymnastics gym, indoor sports courts, fitness training, batting cages, dance studio, or a golf simulator business. 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 value-add opportunity for a buyer interested in maximizing recurring income. 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. Zoned C-4, The Hub is structurally sound, visibility strong, and use options broad.
Location Intelligence
Current Use by Public Records
The Hub Trampoline Park ...
Arcade & Gaming Center
The Hub Axe Throwing
Family Recreation Center
Central Athletics
Gym & Fitness Center
Ypreschool
High School
Location Insight
- Map
- Local Demand
- City
- Council Bluffs
- County
- Pottawattamie
- State
- Iowa
- Longitude
- -95.8488761
- Latitude
- 41.2598547
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - 35,002 SF multi-tenant building with income and growth potential.
Where is this mixed-use property located?
The property is located at 7 S 4th Street Council Bluffs, IA.
What is the asking price?
The asking price for this property is $3,330,000.
What are key features of this property?
This property features: Established multi‑tenant commercial building (35,002 sq ft) with significant existing foot traffic (3,000‑6,000 visitors/month) from owner‑operated businesses.; Large vacant space (8,500 sq ft) is move‑in ready and ideal for youth/family‑focused businesses.; Separate, three‑level parking garage (59,750 sq ft, 251 stalls) with significant value‑add opportunity.
