20 Pearl Street

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20 Pearl Street

Council Bluffs, IA 51503
Asking Price
$439K
Asset Type
Traditional Office Office
Class
Class B

What's Special

Office | 8,724 SqFt <ul><li>​Former bank building with prominent downtown visibility</li><li>​Flexible layout supporting office, retail, and professional service uses</li><li>​Compelling price point with significant value-add potential</li><li>​Within walking distance to Bayliss Park and the Historic 100 Block</li><li>​Convenient access to Omaha, I-29, and I-80</li><li>​Potential eligibility for redevelopment and revitalization incentives</li></ul>

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NOI
$80,000
Cap Rate
18.22%
DSCR
3.07
Strong
Cash-on-Cash
40.95%
Monthly Payment
$2,171.932
Annual Cash Flow
$53,936.81

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