501 Douglas Street, Sioux City, IA 51101
COMMERCIAL - Sioux City, IA
- Added:
- Dec 4, 2024
- Days on Market:
- 570
- Last Refresh:
- Jun 27 at 3:06 pm
Property Features for 501 Douglas Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 894728307009
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- SIOUX CITY EAST S 1/2 E 66 FT LOT 7 BLK 8
- Tax Annual Amount
- 18196
Building Details
- Year built
- 1919
Listing agent Jennifer Rose Bass (712) 224-2300
Listing office Century 21 ProLink 1114 4th Street, Sioux City, IA (712) 224-2300
Listing date Dec 4, 2024
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
- Three‑story office building built in 1919 with 4,875 SF total (1,625 SF per floor)
- Over $750,000 in renovations completed, with no additional work stated beyond moving in
- Top floor includes a large conference room/work area plus a restroom
- Second floor features five private offices, an open work space, and a restroom
- First floor offers an open work area/conference room, kitchenette, and two restrooms
- Unfinished full‑footprint basement adds additional SF; building lease available at $12/SF NNN
Overview
The first floor features a spacious open work area or conference room, a kitchenette, and two restrooms. The second floor offers five private offices, an open work space, and a restroom. The third floor includes a large conference room or work area and a restroom. An unfinished basement spans the entire footprint, providing additional area for storage or future expansion. The property also has association with the “Yawar Fiesta” mural by artist Martin Ron on the west side of the building.
Located at 501 Douglas Street in Sioux City, the building is positioned as an option for owner-users or buyers seeking a restored, character-forward office environment with room for multiple office configurations. The ground floor spaces may be eligible for the Sioux City Downtown Tenant Improvement Program, which provides financial assistance toward build-out costs. For leasing, the property may be available on a NNN basis at $12/SF NNN.
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 | $45.0k | $9.24 |
| − Vacancy | −$12.2k | −$2.49 |
| EGI | $32.9k | $6.75 |
| − OpEx | −$8.2k | −$1.69 |
| NOI | $24.7k | $5.06 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Sioux City
- County
- Woodbury
- State
- Iowa
- Longitude
- -96.406757
- Latitude
- 42.495622