119 7th Street NW, Sioux Center, IA 51250
COMMERCIAL - Sioux Center, IA
- Added:
- May 10, 2024
- Days on Market:
- 772
- Last Refresh:
- Jun 20 at 10:06 am
Property Features for 119 7th Street NW
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Gen Comm
- Standard status
- Active
- APN
- 1605227002
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2022
- Tax Description
- LS3&4 N48' BLK 15 NORTH SIOUX CENTER
- Tax Annual Amount
- 1678
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1983
- Roof type
- Metal
Listing agent Brenda Dokter License #B43017 (712) 441-4196
Listing office Siouxland Town & Country Realty 210 10th St, Orange City, IA (712) 737-4849
Listing date May 10, 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
- 1983‑built commercial property with forced air heat, central air, and a metal roof
- Larger building includes a front office and approximately 1,500 sq ft insulated work space with hoist, newer furnace, bathroom, and central air
- Work space features a 14‑ft access door for client or equipment entry
- Smaller building adds approximately 720 sq ft of space to rent out or use for storage
- Option to include a muffler business with the purchase of these two commercial buildings
Overview
The properties are located at 119 7th Street NW in Sioux Center, Iowa, within the Gen Comm zoning designation. The seller also notes an option to include the muffler business along with the purchase of these buildings.
For buyers looking to combine customer-facing space with a ready-to-work garage setup, the larger building’s office, utilities, and service-ready work area can support an owner-operator operation. The separate smaller building adds flexibility for inventory, equipment storage, or an additional income stream if rented to an appropriate tenant. The inclusion option regarding the muffler business may also appeal to qualified buyers seeking an established automotive-related platform.
Local Financial Insights For 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 | $22.5k | $15.00 |
| − Vacancy | −$1.9k | −$1.26 |
| EGI | $20.6k | $13.74 |
| − OpEx | −$6.2k | −$4.12 |
| NOI | $14.4k | $9.62 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Sioux Center
- County
- Sioux
- State
- Iowa
- Longitude
- -96.1772435
- Latitude
- 43.0841558
