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🏢 Just listed — Restaurant Retail for sale in Council Bluffs, IA.

📍 1235 E Pierce Street, Council Bluffs, IA
🏷  Restaurant Retail · For Sale
💰 $498K

Retail | 2,420 SqFt

<ul><li>Former Pizza Hut for sale in Council Bluffs, IA</li><li>Former restaurant with hood in place</li><li>Prime location just off E Kanesville Blvd</li><li>Close to CHI Health Mercy Hospital, Methodist Jennie Edmundson Medical Plaza and Methodist Physi

Full financials, photos, and broker contact:
https://commrty.com/property/iowa/council-bluffs/1235-e-pierce-street-2492053-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=1235-e-pierce-street-2492053

#CouncilBluffs #Retail #CommercialRealEstate #CRE #Investment

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Home/IA/Council Bluffs

1235 E Pierce Street

Council Bluffs, IA 51503

Asking Price

$498K

Asset Type

Restaurant Retail

Class

Class B

What's Special

Retail | 2,420 SqFt <ul><li>Former Pizza Hut for sale in Council Bluffs, IA</li><li>Former restaurant with hood in place</li><li>Prime location just off E Kanesville Blvd</li><li>Close to CHI Health Mercy Hospital, Methodist Jennie Edmundson Medical Plaza and Methodist Physicians Clinic as well as schools, YMCA, apartments and neighborhoods</li></ul>

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

16.06%

DSCR

2.71

Strong

Cash-on-Cash

33.76%

Monthly Payment

$2,463.832

Annual Cash Flow

$50,434.013

Location & Travel Times

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$1.40M

Class B | Storefront

1816 US-6, Council Bluffs, IA 51501

Listed by Owner · For Sale