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    100 Pierce St Sioux City, IA 51101

    For Sale
    $3,230,000

    Retail building with lease income in downtown Sioux City.

    Property size:
    53,365 SF

    Property Features for 100 Pierce St

    General Information

    Size
    53,365 SF

    Building Details

    Year built
    1957

    Source: Beau Braunger, SIOR, CCIM Agent Beau Braunger, SIOR, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Sioux City Retail Development Opportunity

    This downtown development opportunity includes a 53,365 square foot property with existing leases. The 18,900 square foot retail building, formerly an Ashley Furniture store and originally constructed for a grocery store, is currently vacant and available for a new user. Walgreens is currently leased through December 31, 2027, and Burger King is operating on a month-to-month lease. Located in downtown Sioux City, in the 100 block of Nebraska, just off of Gordon Drive, the property benefits from high visibility from both Gordon Drive (Highway 20) and Interstate 29. New construction, including new businesses and apartments, is underway across the street. As of 2023, downtown Sioux City has 671 living units and 601 hotel rooms, according to a Downtown Partners study.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nancy Fletcher, PharmD Pharmacy Walgreens Photo Passport Photo Processor Siouxland Scanner News Service Nathaniel Bossert, PharmD Pharmacy Redbox Movie Rental Kiosk

    Suggested Use

    Restaurant Realty agency Dental Office Building Supply Spa & Massage Law Firm Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Dakota Square, Tienda sam

    Location Insight

    • Map
    • Local Demand
    City
    Sioux City
    County
    Woodbury
    State
    Iowa
    Longitude
    -96.404145
    Latitude
    42.491401

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    FAQs

    What type of property is this?
    Shopping center - Retail building with lease income in downtown Sioux City.
    Where is this shopping center located?
    The property is located at 100 Pierce St Sioux City, IA.
    What is the asking price?
    The asking price for this property is $3,230,000.
    What are key features of this property?
    This property features: - Downtown development opportunity in Sioux City.; - 18,900 SF vacant retail building ready for new user.; - Walgreen's currently leased through 12/31/27.
    (712) 251-8276
    Request Owner's contact information
    100 Pierce St Sioux City, IA 51101
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    Sioux City, IA 51101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    100 Pierce St Sioux City, IA 51101
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