2935 Broadway Council Bluffs, IA 51501-3437
- Turn key restaurants
- 5,080 SF
- 0.76 lot acres
Nov 14, 2024
Current Use by Public Records
- Village Inn / Breakfast Restaurant / American Restaurant
Property Details for 2935 Broadway
- Year built
- 1974
- Lot size
- 0.76 lot acres
- Property size
- 5,080 SF
- Zone code
- C-2
- Property type
- Turn key restaurants
- APN
- 7544 27 386 001
- APU
- 754427386001
Description
This exceptional 5,082 square foot freestanding restaurant building is situated on a 0.76-acre lot at 2935 W Broadway in Council Bluffs, Iowa. Built in 1974, this single-story structure boasts a prominent corner location on Broadway Street, benefiting from high traffic counts of 25,176 vehicles per day. The property includes a monument sign, ensuring excellent visibility and easy access from Broadway. A five-minute drive to downtown Council Bluffs adds to its strategic location. The property is currently occupied by a month-to-month tenant, offering an opportunity for owner-user occupancy or lease renewal. Existing restaurant improvements are in place. This location enjoys a stellar national Placer.ai ranking, placing it among the top performing retail locations in Iowa, near the state's #1 Walgreens and Club Car Wash, and the #2 McDonald's and #3 Arby's. The property is zoned for commercial use. This is a rare opportunity to acquire a well-positioned, high-traffic restaurant property in a thriving Iowa market. The asking price is $1,200,000.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $365,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $332,000
Market price range: $314k - $663k
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Location Insight
- Map
- Local Demand
- City
- Council Bluffs
- County
- Pottawattamie
- State
- Iowa
- Longitude
- -95.892
- Latitude
- 41.2616
- CBSA code
- 36540
- CBSA name
- OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA