132 N Main Ave, Sioux Center, IA 51250
COMMERCIAL - Sioux Center, IA
- Added:
- Oct 27, 2025
- Days on Market:
- 255
- Last Refresh:
- Jul 8 at 9:06 pm
Property Features for 132 N Main Ave
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- GC
- Standard status
- Active
- APN
- 1604159002
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- LS6&7 BLK 27 NORTH SIOUX CENTER
- Tax Annual Amount
- 8000
Utilities
- Heating system
- Baseboard, Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1978
Listing agent Jennifer Jansen License #B55837 (712) 441-3232
Listing office Century 21 Signature RE 1620 SW Magazine Road, Ankeny, IA (319) 266-8080
Listing date Oct 27, 2025
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.
HighLights
- Built in 1978 on a 0.15‑acre lot in downtown Sioux Center with 2,600+ SF of commercial space.
- Highway 75 frontage plus convenient parking: 8 rear parking spaces and additional parking options along the highway.
- Reception area with large waiting room; 10 auxiliary office/workroom spaces; 2 office suites with private en‑suite 1/2 baths.
- Includes breakroom, 1/2 bath, and laundry space; full basement that is unfinished for storage or potential expansion.
- Updates include new rubber roof (2020), water heater (2024), and 2020 +/- central air (cooling) with baseboard and forced‑air heating.
- Basement includes a Thrasher system; average utilities listed as $450 per month.
Overview
The property is located in downtown Sioux Center and benefits from substantial Highway 75 road frontage. Parking is convenient with eight rear parking spaces and additional parking options along the highway area, supporting access for employees and customers.
This layout can work for a range of office users that need a reception/waiting component, multiple private rooms, and two suite-style areas with en-suite half baths. With its finished office concentration and an unfinished basement for storage or future expansion, the building offers practical space planning options for owner-occupants and multi-office operations. Average utilities are reported at $450 per month.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.1k | $16.56 |
| − Vacancy | −$5.3k | −$2.02 |
| EGI | $37.8k | $14.54 |
| − OpEx | −$9.5k | −$3.63 |
| NOI | $28.4k | $10.90 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Sioux Center
- County
- Sioux
- State
- Iowa
- Longitude
- -96.1753472
- Latitude
- 43.0781186
