1923 Pierce Street, Sioux City, IA 51104
Woodbury County
Key Facts
Description
Turnkey investment opportunity located at 1923 Pierce Street in Sioux City, Iowa! This property is ideal for investors seeking immediate, stable cash flow with minimal management required. The building features two fully leased commercial spaces, each secured with long-term tenants. The first space is occupied by an established nightclub with five years remaining on the lease, while the second space at 424 20th Street will soon be home to a hookah shop, also committed to a five-year lease term. With both units leased and generating income, this property offers a true hands-off investment experience. New ownership can step in and begin collecting rent from day one without the hassle of tenant placement or buildout. Located on Pierce Street, this property benefits from strong visibility and consistent traffic, supporting tenant success and long-term stability. Additionally, this property can be purchased as part of a package deal with 413-415 Nebraska Street for $1,000,000, creating an excellent opportunity to scale your portfolio with multiple income-producing assets. If you’re looking for a low-maintenance, income-generating property with solid lease terms already in place, this is one for you.
Property Information
Property Type
Commercial Sale
Sub-Type
Business
Year Built
1905
Living Area
3,750 sq ft
Lot Size
0.09 acres
MLS® Listing#
832182
Property Features
HOA & Tax
- Annual Tax:
- $2,920 (2024)
Affordability Calculator
$110,000
Estimated monthly payment
$2,927/mo
Principal $440,000 · Est. interest $613,839 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Sioux City, IA
- $284,194
- Median Listing Price
- 63
- Median Days on Market
- 1,695
- Median Sq Ft
- $153
- Median Price / Sq Ft
- 789
- Active Listings
- This home’s price is 94% above the area median.
- Its price per sq ft is 4% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Sioux City, IA.
Location
- 1923 Pierce Street, Sioux City, IA 51104
Nearby Schools
Hunt Elementary School
Elementary · 0.1 mi away
Bishop Heelan Catholic High School
Secondary · 0.6 mi away
English Head Start Center
School · 0.6 mi away
Central Campus School
School · 0.6 mi away
Woodbury Cnty Alternative High School
Secondary · 0.8 mi away
Bryant Elementary School
Elementary · 0.8 mi away
Holy Cross School
School · 0.9 mi away
Irving Elementary School
Elementary · 0.9 mi away
St Pauls Lutheran School
School · 1.1 mi away
Lincoln Elementary School
Elementary · 1.1 mi away
Liberty Elementary School
Elementary · 1.1 mi away
Sioux City Community School District
School · 1.2 mi away
Everett Elementary
Elementary · 1.3 mi away
Perry Creek Elementary School
Elementary · 1.5 mi away
Roosevelt Elementary School
Elementary · 1.6 mi away
Aspenwood Christian School
School · 1.7 mi away
Unity Elementary School
Elementary · 1.9 mi away
Childrens School
Elementary · 1.9 mi away
Loess Hills Elementary School
Elementary · 2.0 mi away
Emerson Elementary School
Elementary · 2.0 mi away
Commute Calculator
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EXIT Agents in Sioux City
Listing Courtesy: Century 21 ProLink - 7122242300
Presented by: KJ Wingert