Mall of the Bluffs did not sell at Auction

The 491,900 square foot mall in Council Bluffs that was built in 1986 and the main shopping area for many years now sits mostly empty. It went up for auction last week with a opening bid at only $1.5 million and reached a top bid of $4.5 million but that was not high enough for the reserve that was set on the property so it did not sell at auction. The owners still have the property for sale.

This property sits near the interstate and Madison Ave. in Council Bluffs, Iowa here in the Omaha metro.

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