You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Turn key restaurants

2935 Broadway Council Bluffs, IA 51501-3437

5,080 SF 0.76 ac lot Built 1974
Trust Owned 9-yr Hold Absentee Owner Free & Clear
Property ID
US25-2563640
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1974
Total area 5,080 SF
Lot 0.76 ac (33,106 SF)
Zoning code C-2
APN 7544 27 386 001
UPID US25-2563640
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Village Inn Restaurant
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
Rpa Common Trust · 9 yrs held
Rpa Common Trust
since 2016
2 recorded transactions
2016
Price N/A
2004
Price N/A
Zoning & alternative use
C-2 · Council Bluffs, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Chapter 15.15 - C-2/COMMERCIAL DISTRICT 15.15.010 Statement Of Intent 15.15.020 Principal Uses 15.15.030 Conditional Uses 15.15.040 Accessory Uses 15.15.050 Site Development Regulations 15.15.060 Additional Regulations 15.15.070 Signs 15.15.010 Statement Of Intent The C-2 district is intended to provide for major commercial retail shopping and service areas…

Zone name Commercial District
General category COMMERCIAL
Zone area 939.20 ac
Source Council Bluffs : Municipal Code
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 2935 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.
List this address →
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