1800 Broadway Council Bluffs, IA 51501-3815
This exceptional Council Bluffs investment property, located at 1800 W Broadway, presents a unique opportunity to acquire a multifamily building with significant upside potential. The property consists of two buildings totaling 16,360 square feet, constructed in 1920 and 1930, and extensively renovated in 2014. The buildings are situated on a 0.68-acre lot and feature 10 parking spaces. The property is zoned C-2 Commercial District, offering flexibility for various uses. The existing apartment units present a value-add opportunity through further updates, while the property's layout could accommodate two separate businesses. Adding to its appeal, a vacant lot is included in the purchase, providing ample space for future expansion or development, such as additional parking or a new building. The property boasts original charm blended with modern updates, including a basement with garage doors and outdoor deck and patio seating. Its location on a key thoroughfare in Council Bluffs, W Broadway Street, offers excellent visibility and access to local amenities. The asking price for this remarkable investment is $1,350,000. The property's APN numbers are 754426389008 and 754426389002. This is a rare opportunity to acquire a well-located, versatile property with significant growth potential in a thriving Iowa community.
-
Right Idea Media & Creative Marketing & Advertising Advertising Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
C-2 · Council Bluffs, IACouncil Bluffs. Always verify with local authorities before improvements.
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.