Multi-Use Commercial Event
2833 St Andrews Way Sioux Center, IA 51250
For Sale
$3,700,000
COMMERCIAL - Sioux Center, IA
Property Size16,522 SF
Lot Size1.39 Acres
Price / SF$223.94
Days on Market60
Property Features for 2833 St Andrews Way
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 1616304003
- Lot size
- 1.39 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- L3 SOUTH RIDGE ESTATES COMMERCIAL PARK 2ND ADD
- Tax Annual Amount
- 3320
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 2024
Listing Agency:
Vision Realty
(712) 722-0045
Listed By:
Jacqueline Maassen · License #B63772
(712) 395-1334
Added: May 26
Changed: Jul 8
Last Checked: Jul 24 at 2:06PM
MLS# 833114
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 beautifully constructed commercial building is designed to support gatherings, events, and business operations. The main level features a custom tap wall, elevator access, a coffee shop, and a kitchen, along with ample storage and expansive windows for natural light. Perforated steel ceilings help control acoustics, and a state-of-the-art audio system supports sound quality throughout the space. An upper level provides an additional gathering area for conferences, business meetings, or reunions.
Situated on the south edge of Sioux Center at 2833 St Andrews Way, the property sits on 1.39 acres. The building’s interior layout emphasizes flexible event use while maintaining dedicated food service and operational components.
For buyers seeking a turn-key, multi-purpose venue, this asset combines event-ready spaces with supporting amenities such as a kitchen, storage, and elevator service. The acoustic and audio improvements may be particularly relevant for tenants or operators planning presentations, meetings, or sound-forward programming, while the coffee shop area offers an on-site hospitality component.
Situated on the south edge of Sioux Center at 2833 St Andrews Way, the property sits on 1.39 acres. The building’s interior layout emphasizes flexible event use while maintaining dedicated food service and operational components.
For buyers seeking a turn-key, multi-purpose venue, this asset combines event-ready spaces with supporting amenities such as a kitchen, storage, and elevator service. The acoustic and audio improvements may be particularly relevant for tenants or operators planning presentations, meetings, or sound-forward programming, while the coffee shop area offers an on-site hospitality component.
Key Highlights
- Commercial building built in 2024 on the south edge of Sioux Center
- 16,522 SF designed for gatherings, events, and business operations
- Main level includes elevator access, custom tap wall, coffee shop, kitchen, and ample storage
Financial Insights For Specialty Retail
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 | $237.9k | $14.40 |
| − Vacancy | −$20.0k | −$1.21 |
| EGI | $217.9k | $13.19 |
| − OpEx | −$54.5k | −$3.30 |
| NOI | $163.4k | $9.89 |
16,522 SF · lease $14.40/SF/yr · vacancy 8.40% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$2.33M
$2.04M – $2.72M
NOI $163,449 @ 7.0% cap · market cap 4.42%
Second Best
Industrial
$1.42M
$1.25M – $1.66M
NOI $99,665 @ 7.0% cap · market cap 2.69%
Theoretical Best
Office A
$3.44M
$3.01M – $4.02M
NOI $240,921 @ 7.0% cap · market cap 6.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Breweries
FAQs
What type of property is this?
Brewery - Built for gatherings and operations, the property includes a custom tap wall, elevator access, and a coffee shop with kitchen.
Where is this brewery located?
The property is located at 2833 St Andrews Way Sioux Center, IA.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: Commercial building built in 2024 on the south edge of Sioux Center; 16,522 SF designed for gatherings, events, and business operations; Main level includes elevator access, custom tap wall, coffee shop, kitchen, and ample storage
