$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
Current Price: $2,900,000
Status: Closed
Listing Date: 2025-06-02
Sold Price: $2,900,000
Sale: For Sale
Bank Owned?: No
Agent Equity: No
General Property Description
Type of Property: Real Estate Only
Location: Strip Center
Leased: Multiple Tenants
Building Size: 10,001 - 20,000
Exchange: No
Bldg Expandable: Yes
Addl Land Availble: Yes
Year Built: 2004
SF Other: 18000
Tot Fnshd SF: 18000
Lrgst Cnt SF Lease: 9000
Lot Dimensions: 1.89 Acres Total
Currently Not Used
Lot Size: 1.89 Acres
Location, Tax & Legal
Area: Area 10
House #: 20 & 40
Street Name: POWER
Street Suffix: Drive
State/Province: IA
County: POTTAWATTAMIE
Zip Code: 51501
Status Change Info
Status Change Date: 2026-01-02
Under Contract Date: 2025-10-31
Sold Date: 2025-12-31
Sold Price: $2,900,000
Type Of Financing: Conventional
Mortgage Info
Gross Taxes: 93810
Tax Year: 2023
To Show
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.