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Renovated Office Unit
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505 5th Street, Sioux City, IA 51101

Commercial, Sioux City, IA

Property Size1,150 SF
Lot Size0.34 Acres
Days on Market567

Property Features for 505 5th Street

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Midtown
Standard status Active
APN 894728329003
Lot size 0.34 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Sioux City East Lots 5 & 6 Blk 10
Legal Description Sioux City East Lots 5 & 6 Blk 10

Building Details

Year built 1919
Listing Agency: LPT Realty, LLC
Listed By: Amy Kakacek
Added: Feb 20, 2025 Changed: Sep 9 Last Checked: Sep 10 at 1:06PM
MLS# 827710

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 office unit offers 1,150 square feet within the Frances Building, a 1919 property in downtown Sioux City. The recently renovated suite includes a lobby and entrance area along with two individual offices.

The property is located at 505 5th Street in Sioux City, Iowa, within the downtown area. The office configuration provides defined spaces for reception and individual work areas.

Key Highlights

  • 1,150‑square‑foot office unit
  • Recently renovated interior
  • Lobby and entrance area

Property Analytics

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Current Use

Ely & Elbert Tax ... Tax Preparation Sioux Guitars Production Facility Mind;Alchemy Nesrin Abu ... Physician Updegraff David L Law Firm Hellige Frey & Roe ... Law Firm

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store Catering Service Florist

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

Lease Details

1
Office units

Location Intelligence

Trade Area within ½ mile

2,328
Businesses Nearby

Demographics for 51101, IA

1,146
Population
723
Households
1.6
Avg Household Size
39
Median Age
11%
College-Educated
84%
High-School Grad
1.2 sq mi
ZIP Area
955
Density / Sq Mi
$18,103
Median Household Income
$25,661
Median Earnings
$676
Median Rent
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 units - Recently renovated office unit with a lobby, entrance area, and two individual offices.
Where is this office units located?
The property is located at 505 5th Street Sioux City, IA.
What are key features of this property?
This property features: 1,150‑square‑foot office unit; Recently renovated interior; Lobby and entrance area
More about this property
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