$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
Current Price: $750,000
Status: Closed
Listing Date: 2024-06-10
Sold Price: $750,000
Sale: For Sale
Bank Owned?: No
Agent Equity: No
General Property Description
Type of Property: Real Estate Only
Location: Free Standing
Leased: None
Building Size: 3,001 - 5,000
Exchange: No
Bldg Expandable: Yes
Addl Land Availble: Yes
Year Built: 1969
SF Office: 3500
SF Other: 2395
Tot Fnshd SF: 3500
Lot Dimensions: 0.52 Acres
Location, Tax & Legal
Area: Area 2
House #: 2901
Street Direction Pfx: W
Street Name: BROADWAY
State/Province: IA
County: MILLS
Zip Code: 51501
Status Change Info
Status Change Date: 2024-11-25
Under Contract Date: 2024-06-26
Sold Date: 2024-11-22
Sold Price: $750,000
Type Of Financing: Cash
Mortgage Info
Gross Taxes: 23696
Tax Year: 2022
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: July - 01 - 2026
Information deemed reliable but not guaranteed.