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    533 Main St Council Bluffs, IA 51503

    Sponsored
    For Sale
    $695,000

    Historic building, high traffic area, great potential.

    Property size:
    7,596 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 7,596 square foot storefront at 533 S Main Street in Council Bluffs, Iowa, presents a unique investment opportunity. Built in 1900, this well-maintained brick building boasts a prime downtown location, placing it within close proximity to the Historic 100 Block and numerous other amenities. The asking price is $695,000, translating to $91.50 per square foot. The property consists of a single, two-story building situated on a 0.29-acre lot. The ground floor offers ample retail space, while the second story presents an unfinished apartment featuring recently installed ceiling tiles, lighting, and plumbing hookups, offering significant potential for future development or rental income. Parking is conveniently addressed with three spaces at the rear of the building, supplemented by metered street parking and a nearby 16-space lot across Main Street. Its strategic location provides easy access to major transportation arteries, being only 5 minutes away from the intersection of I-80 and I-29, ensuring high visibility and accessibility for both customers and employees. This property is ideal for a discerning investor seeking a blend of historical charm and modern convenience in a thriving downtown setting. The zip code is 51503.

    Property Features for 533 Main St

    General Information

    Property type
    Individual retail properties
    Square Feet
    7,596 SF
    Lot Size
    12,632 SF

    Building Details

    Year Built
    1900
    Buildings
    1
    Stories
    2

    HighLights

    • Three rear parking spaces plus metered street parking and a nearby 16‑space lot.
    • Unfinished second‑floor apartment with new ceiling tiles, lighting, and plumbing rough‑in.
    • Five‑minute drive to I‑80/I‑29.
    Property Profile Location Intelligence

    Current Use by Public Records

    WS Industrial Services Contractor Clark Francis E ... Accountant

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Council Bluffs
    County
    Pottawattamie
    State
    Iowa
    Longitude
    -95.851075372658
    Latitude
    41.25595388986

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    FAQs

    What type of property is this?
    Individual retail property - Historic building, high traffic area, great potential.
    Where is this individual retail property located?
    The property is located at 533 Main St Council Bluffs, IA.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: Three rear parking spaces plus metered street parking and a nearby 16-space lot.; Unfinished second-floor apartment with new ceiling tiles, lighting, and plumbing rough-in.; Five-minute drive to I-80/I-29.
    Request Owner's contact information
    533 Main St Council Bluffs, IA 51503
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    Council Bluffs, IA 51503
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    533 Main St Council Bluffs, IA 51503
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