$2,900,000
COUNCIL BLUFFS, IA 51501
MLS# 25-1051
Status: Closed
18000 sqft
1 / 9
Property Description
Turnkey opportunity at 20 & 40 Power Drive in Council Bluffs—two commercial buildings totaling 18,000 SF on 1.89 acres in a high-traffic growth corridor. Located across from Sam's Club and just minutes from Metro Crossing and I-80, this site offers exceptional visibility and access. Currently leased to multiple tenants, providing stable income and lower risk if one tenant turns over. Zoned PC with paved parking for 50+. Ideal setup for retail, office, or professional services. A solid, income-producing asset in one of Council Bluffs' most active commercial hubs.
Details
Maps
Contract Information
Sale: For Sale
Bank Owned?: No
Agent Equity: No
Current Price: $2,900,000
Status: Closed
Listing Date: 2025-06-02
Sold Price: $2,900,000
General Property Description
Location: Strip Center
Leased: Multiple Tenants
Building Size: 10,001 - 20,000
Exchange: No
Bldg Expandable: Yes
Addl Land Availble: Yes
SF Manufacturing: 0
SF Warehouse: 0
SF Office: 0
SF Mezzanine: 0
SF Freezer: 0
SF Refrigerator: 0
SF Other: 18000
Lrgst Cnt SF Lease: 9000
Lot Dimensions: 1.89 Acres Total
Type of Property: Real Estate Only
Year Built: 2004
Tot Fnshd SF: 18000
Currently Not Used
Lot Size: 1.89 Acres
Location, Tax & Legal
Located City/County: City
Legal: POWER CENTER SUB LT 1 and POWER CENTER SUB LT 2
Parcel No.: 7444 12 426 001
Zoning: PC
Current REIDS Yr Pd: N/A
Insurance: 11866.04
Area: Area 10
House #: 20 & 40
Street Name: POWER
Street Suffix: Drive
State/Province: IA
County: POTTAWATTAMIE
Zip Code: 51501
Office/Member Info
Net Taxes: 93810
Tax Year: 2023
Status Change Info
Type Of Financing: Conventional
Status Change Date: 2026-01-02
Under Contract Date: 2025-10-31
Sold Date: 2025-12-31
Sold Price: $2,900,000
Possession
At Closing: 1
Subject to Tenant: 1
Construction
Conc Block: 1
Roof
Flat: 1
Other: 1
Terms
Sell In Entirety: 1
Potential Use
Diversified: 1
Medical: 1
Office: 1
Professional: 1
Retail: 1
Documents on File
Aerial Photo: 1
Legal Description: 1
Improved Structure
Multiple Buildings: 1
Lease/Rent Includes
Tenant Pays Ins: 1
Tenant Pays Taxes: 1
Parking
Parking Area: 1
Paved: 1
50 or More: 1
Number of Stories
One: 1
Floors
Carpet: 1
Tile: 1
Walls
Drywall: 1
Utilities
Electricity: 1
Gas: 1
Phone Available: 1
Septic Tank: 1
Water: 1
Foundation/Basement
Concrete: 1
Heating/Cooling
Central Air: 1
Forced Air: 1
Natural Gas: 1
Ceiling Height
8': 1
Door Height
No - OHD: 1
Door Width
No - OHD: 1
Docks
None: 1
Mortgage Info
Gross Taxes: 93810
Tax Year: 2023
Restrooms
Three or More: 1
In Common: 1
Wiring
100 - 200 Amps: 1
Flood Zone
100 Year: 1
To Show
24 Hr Notice: 1
Call Agent: 1
Call Office: 712-325-0445
Status Info
Sold Status: Member List/Non-Member Sold
REIDS Incl Sale Prc: No
Sale Price Incl Lot: Yes
Photo Certification
I own the photos or have the right to use.: Yes
Property Features
Terms: Sell In Entirety
Potential Use: Diversified; Medical; Office; Professional; Retail
Documents on File: Aerial Photo; Legal Description
Improved Structure: Multiple Buildings
Parking: Parking Area; Paved; 50 or More
Construction: Conc Block
Number of Stories: One
Floors: Carpet; Tile
Walls: Drywall
Roof: Flat; Other
Ceiling Height: 8'
Door Height: No - OHD
Door Width: No - OHD
Docks: None
Restrooms: Three or More; In Common
Wiring: 100 - 200 Amps
Flood Zone: 100 Year
Possession: At Closing; Subject to Tenant
To Show: 24 Hr Notice; Call Agent
Utilities: Electricity; Gas; Phone Available; Septic Tank; Water
Listing Office: Heartland Properties
Last Updated: January - 02 - 2026
Information deemed reliable but not guaranteed.