157-2 Broadway Council Bluffs, IA 51503
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.