$750,000
COUNCIL BLUFFS, IA 51501
MLS# 24-1089
Status: Closed
3500 sqft
1 / 33
Property Description
This high visibility building is situated on a large corner lot with easy access for traffic from both directions! Formerly a bank location, this building offers great potential for diversified uses. It currently offers 3500SF of finished office space plus an additional 2395SF covered canopy with drive through lanes and an ATM that is still in use and paying $2000/mo rent on a month-to-month agreement. The asphalt paving surface is in good condition, as is the building. The prime location is second to none making this a great opportunity to repurpose the building to your new use, or demolish and start from new. This sale includes both the bank property, and the adjacent lot to the west for a total of 0.52 acres.
Details
Maps
Contract Information
Sale: For Sale
Bank Owned?: No
Agent Equity: No
Current Price: $750,000
Status: Closed
Listing Date: 2024-06-10
Sold Price: $750,000
General Property Description
Location: Free Standing
Leased: None
Building Size: 3,001 - 5,000
Exchange: No
Bldg Expandable: Yes
Addl Land Availble: Yes
SF Manufacturing: 0
SF Warehouse: 0
SF Office: 3500
SF Mezzanine: 0
SF Freezer: 0
SF Refrigerator: 0
SF Other: 2395
Lrgst Cnt SF Lease: 0
Lot Dimensions: 0.52 Acres
Type of Property: Real Estate Only
Year Built: 1969
Tot Fnshd SF: 3500
Location, Tax & Legal
Located City/County: City
Legal: 2 Parcels:
BENSONS 2ND ADD LTS 1 THRU 3 & E1/2 LT 4 BLK 8 EXC ROW
BENSONS 2ND ADD W1/2 LT 4 ALL LTS 5 & 6 BLK 8
Parcel No.: 7544 27 386 004 and 7544 27 386 003
Current REIDS Yr Pd: N/A
Insurance: yes
Area: Area 2
House #: 2901
Street Direction Pfx: W
Street Name: BROADWAY
State/Province: IA
County: MILLS
Zip Code: 51501
Office/Member Info
Net Taxes: 23696
Tax Year: 2022
Status Change Info
Type Of Financing: Cash
Status Change Date: 2024-11-25
Under Contract Date: 2024-06-26
Sold Date: 2024-11-22
Sold Price: $750,000
Construction
Frame: 1
Roof
Flat: 1
Terms
Sell In Entirety: 1
Potential Use
Diversified: 1
Medical: 1
Office: 1
Professional: 1
Restaurant: 1
Restaurant/Lounge: 1
Retail: 1
Other - See Remarks: 1
Documents on File
Aerial Photo: 1
Other - See Remarks: 1
Improved Structure
Yes: 1
Lease/Rent Includes
Other - See Remarks: 1
Parking
10 - 20: 1
Number of Stories
One: 1
Floors
Conc Slab: 1
Walls
Drywall: 1
Foundation/Basement
Slab: 1
Heating/Cooling
Central Air: 1
Forced Air: 1
Natural Gas: 1
Door Height
No - OHD: 1
Door Width
No - OHD: 1
Docks
None: 1
Mortgage Info
Gross Taxes: 23696
Tax Year: 2022
Restrooms
Two: 1
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; Restaurant; Restaurant/Lounge; Retail; Other - See Remarks
Documents on File: Aerial Photo; Other - See Remarks
Improved Structure: Yes
Parking: 10 - 20
Construction: Frame
Number of Stories: One
Floors: Conc Slab
Walls: Drywall
Roof: Flat
Door Height: No - OHD
Door Width: No - OHD
Docks: None
Restrooms: Two
Listing Office: Heartland Properties
Last Updated: November - 25 - 2024
Information deemed reliable but not guaranteed.