Technical
Financial
Distress signals
Property profile

157-2 Broadway Council Bluffs, IA 51503

OFF-MARKET
Warehouses
10,000 SF
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 1,970 square foot warehouse space is located within the landmark Hughes Irons Building at 157-2 W Broadway in Council Bluffs, Iowa, zip code 51503. Situated in Pottawattamie County, this property boasts a prime location in the vibrant downtown area, offering high visibility and accessibility. The building itself is a historic structure, adding character and appeal. The space is part of a larger 10,000 square foot multi-tenant building zoned C-4 Commercial District, providing flexibility for a variety of commercial uses. Currently, 1,970 square feet are available for lease. The open floor plan offers a blank canvas for customization, making it ideal for businesses seeking a unique and adaptable space. Potential uses include a bar/lounge or other creative ventures. The base rent is $12 per square foot, with estimated net, net, net (NNN) charges of $4.25 per square foot. This presents a rare opportunity to establish a business in a thriving downtown district known for its community events and high foot traffic. The property's location at the west end of the 100 block provides excellent visibility and accessibility.

Property profile

Verified
Property type Warehouses
Total area 10,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

157-2 Broadway Council Bluffs, IA 51503
Council Bluffs metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 157-2 Broadway?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message