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4,167 SF Restaurant on 2.15 Acres | FF&E Incd 1207 S 35th St 4,167 SF Retail Building Council Bluffs, IA 51501 $1,690,000 ($405.57/SF) 4.90% Cap Rate
Investment Highlights
- • Real Estate + FF&E Included • Approx. 10% Adjusted Cap Rate at Asking • Underutilized Operations • Expansion or Redevelopment Potential
Executive Summary
Freestanding 4,167 SF restaurant building situated on 2.15 acres in Council Bluffs, just minutes from Downtown Omaha with immediate access to I-29 and I-80.
Offering includes real estate, FF&E, and inventory. The business name is excluded, allowing flexibility for rebranding or franchise conversion.
The oversized site provides rare expansion potential for outdoor recreation or entertainment concepts such as sand volleyball, pickleball courts, patio expansion, or event space. Ideal for an owner-operator, sports bar concept, entertainment venue, or redevelopment opportunity.
Offering includes real estate, FF&E, and inventory. The business name is excluded, allowing flexibility for rebranding or franchise conversion.
The oversized site provides rare expansion potential for outdoor recreation or entertainment concepts such as sand volleyball, pickleball courts, patio expansion, or event space. Ideal for an owner-operator, sports bar concept, entertainment venue, or redevelopment opportunity.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,167 SF
Building Class
B
Year Built
1995
Price
$1,690,000
Price Per SF
$405.57
Cap Rate
4.90%
NOI
$82,810
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
2.15 AC
Opportunity Zone
Yes
Zoning
C-2 - General Commercial District (C-2)Opportunity Zone
Parking
46 Spaces (11.04 Spaces per 1,000 SF Leased)
Frontage
140’ on S 35th St
Amenities
- Pylon Sign
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Tish's Restaurant
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Tish's Restaurant | Retailer | - | - | - |
Nearby Major Retailers
1 of 15
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4,167 SF Restaurant on 2.15 Acres | FF&E Incd | 1207 S 35th St
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