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27985781
27985790

1207 S 35th Street, COUNCIL BLUFFS, IA 51501

AC
IA S67966000
Better Homes and Gardens Real Estate The Good Life Group  Omaha
Listed by Better Homes and Gardens Real Estate The Good Life Group Omaha
$1,690,000
253 days on market
Updated 54 days ago
Opportunity zone

Restaurant + Entertainment Venue Opportunity Near Omaha

Details
Property Type Retail, Land (+1)
Sub Type Commercial, Sports/Entertainment (+1)
Square Footage 4,167
Cap Rate 4.90%
Broker Co-Op Yes
Class B
Year Built 1995
Buildings 1
Stories 1
Acreage 2.150
Zoning C-2
Ground Lease No

Exceptional Patio & Ample Parking

Marketing description

Freestanding 4,167 SF restaurant building on 2.15 acres with easy access to I-29 and I-80, minutes from Downtown Omaha, Charles Schwab stadium & CHI venue. Includes real estate, FF&E, and inventory. Business name excluded. Large parcel allows for expansion or redevelopment potential, including outdoor entertainment, patio, or recreation uses. Flexible opportunity for restaurant operator, franchisee, or entertainment concept.

Investment highlights

Freestanding 4,167 SF Restaurant Facility on a 2.15-acre site
Real Estate + FF&E Included (business name excluded for rebranding flexibility)
230-Seat Capacity (80 dining, 70 banquet, 80 covered patio)
Approx. 11.6% Adjusted Cap Rate at Asking Price
Underutilized Operations – Currently open Mon–Sat 11am–8pm
Operational Upside via expanded hours, banquet activation, liquor program growth, or concept repositioning
2.15 Acres with Expansion Potential or long-term redevelopment flexibility
46 Parking Stalls with strong on-site accessibility
3-Phase Power + Commercial Kitchen Infrastructure in place
C-2 General Commercial Zoning
Located in a Designated Opportunity Zone
Immediate Access to I-29 & I-80, minutes to Downtown Omaha
Established 30-Year Operating Location

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Listing Contacts

AC
IA S67966000
Better Homes and Gardens Real Estate The Good Life Group  Omaha
Listed by Better Homes and Gardens Real Estate The Good Life Group Omaha

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Zoning

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C-2 CommercialGeneral CommercialCommercial District
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Last updated Jun 18, 2026 For deeper zoning details, reports are available at Zoneomics

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