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Two-Story Office Building
For Sale
$289,000

1221 PIERCE ST, Sioux City, IA 51105

Commercial, Sioux City, IA

Property SizeContact for details
Lot Size0.52 Acres
Days on Market541

Property Features for 1221 PIERCE ST

General Information

Property type Commercial Sale
Property subtype Other
Directions GPS
Subdivision Midtown
Standard status Active
APN 894728108011
Lot size 0.52 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description SIOUX CITY EAST LOTS 10-12 BLK 71 & VAC W 14 FT 11 IN OF E 18 FT 11 3/4 IN O F S 4 FT 2 IN OF 13T H ST ABUTTING LOT 12 BLK 7
Tax Annual Amount 5902
Legal Description SIOUX CITY EAST LOTS 10-12 BLK 71 & VAC W 14 FT 11 IN OF E 18 FT 11 3/4 IN O F S 4 FT 2 IN OF 13T H ST ABUTTING LOT 12 BLK 7

Utilities

Heating system Hot Water(Heating)
Cooling system Central Air

Amenities

private offices
conference rooms
bathrooms
copy room
storage rooms
break rooms
full kitchen
reception area
file room
shower room
gymnasium

Building Details

Year built 1920
Listing Agency: Riverstone Realty
Listed By: Jesse Derrick
Added: Mar 28, 2025 Changed: Sep 16 Last Checked: Sep 19 at 5:06PM
MLS# 828068

Copyright © 2026 Northwest Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-story office building, constructed in 1920, provides a substantial mix of private and shared work areas. The upper level contains 12 private offices, 5 conference rooms, 2 bathrooms, a copy room, multiple storage rooms, and 2 break rooms, including a full kitchen. The main level adds 8 private offices, 2 conference rooms, a reception area, file room, 2 bathrooms, a shower room, a full kitchen, and an open gymnasium.

Additional improvements include a basement, garage, and storage areas. The property occupies 0.52 acres and is equipped with hot water heating and central air. A new boiler was installed in 2026, and 4 new central air units have also been added.

Key Highlights

  • 32 private offices and 7 conference rooms across two floors
  • Two kitchens, 4 bathrooms, 2 break rooms, and a shower room
  • Open gymnasium, reception area, file room, copy room, and storage areas

Property Analytics

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Current Use

X712 Gym & Fitness Center Transitional Services of Iowa Crisis Center Integrated Counseling Practice Counselor Melissa Schuldt Foster Care Service Dakotah Health & Wellness ... Wellness Program

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store HVAC Service Catering Service Pet Grooming Service Carpet & Flooring Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,988
Businesses Nearby

Demographics for 51105, IA

10,565
Population
4,197
Households
2.5
Avg Household Size
31
Median Age
7%
College-Educated
64%
High-School Grad
6.0 sq mi
ZIP Area
1,761
Density / Sq Mi
$46,940
Median Household Income
$33,152
Median Earnings
$855
Median Rent
$84,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Flexible office property with private workspaces, meeting rooms, kitchens, storage, and an on-site gymnasium.
Where is this office building located?
The property is located at 1221 PIERCE ST Sioux City, IA.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: 32 private offices and 7 conference rooms across two floors; Two kitchens, 4 bathrooms, 2 break rooms, and a shower room; Open gymnasium, reception area, file room, copy room, and storage areas
More about this property
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