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Two-Story Office Building
For Sale
$289,000

1221 PIERCE ST, Sioux City, IA 51105

Commercial, Sioux City, IA

Property SizeContact for details
Lot Size0.52 Acres
Days on Market535

Property Features for 1221 PIERCE ST

General Information

Property type Commercial Sale
Property subtype Other
Directions GPS
Subdivision Midtown
Standard status Active
APN 894728108011
Lot size 0.52 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description SIOUX CITY EAST LOTS 10-12 BLK 71 & VAC W 14 FT 11 IN OF E 18 FT 11 3/4 IN O F S 4 FT 2 IN OF 13T H ST ABUTTING LOT 12 BLK 7
Tax Annual Amount 5902
Legal Description SIOUX CITY EAST LOTS 10-12 BLK 71 & VAC W 14 FT 11 IN OF E 18 FT 11 3/4 IN O F S 4 FT 2 IN OF 13T H ST ABUTTING LOT 12 BLK 7

Utilities

Heating system Hot Water(Heating)
Cooling system Central Air

Amenities

full kitchen
open gymnasium
basement garage
storage

Building Details

Year built 1920
Listing Agency: Riverstone Realty
Listed By: Jesse Derrick
Added: Mar 28, 2025 Changed: Sep 9 Last Checked: Sep 13 at 8:06AM
MLS# 828068

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 building, constructed in 1920, offers two floors of varied workspace and support areas. The upper level contains 12 private offices, 5 conference rooms, 2 bathrooms, a copy room, storage areas, and 2 break rooms, including a full kitchen. The main level adds 8 private offices, 2 conference rooms, a reception area, file room, 2 bathrooms, a shower room, another full kitchen, and an open gymnasium.

Additional improvements include a basement, garage, and storage space. The property sits on 0.52 acres and is equipped with hot water heating and central air. A new boiler was installed in 2026, and 4 new central air units have been added.

Key Highlights

  • Two floors with 20 private offices and 7 conference rooms
  • Upper level includes 12 offices, 5 conference rooms, 2 bathrooms, storage, and 2 break rooms
  • Main level features 8 offices, reception, 2 conference rooms, 2 bathrooms, and a full kitchen

Property Analytics

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Current Use

X712 Gym & Fitness Center Transitional Services of Iowa Crisis Center Integrated Counseling Practice Counselor Melissa Schuldt Foster Care Service Dakotah Health & Wellness ... Wellness Program

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store HVAC Service Catering Service Pet Grooming Service Carpet & Flooring Store Locksmith

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

Location Intelligence

Trade Area within ½ mile

1,988
Businesses Nearby

Demographics for 51105, IA

10,565
Population
4,197
Households
2.5
Avg Household Size
31
Median Age
7%
College-Educated
64%
High-School Grad
6.0 sq mi
ZIP Area
1,761
Density / Sq Mi
$46,940
Median Household Income
$33,152
Median Earnings
$855
Median Rent
$84,700
Median Home Value
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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Flexible office layout with meeting rooms, kitchens, storage, and an on-site gymnasium.
Where is this office building located?
The property is located at 1221 PIERCE ST Sioux City, IA.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Two floors with 20 private offices and 7 conference rooms; Upper level includes 12 offices, 5 conference rooms, 2 bathrooms, storage, and 2 break rooms; Main level features 8 offices, reception, 2 conference rooms, 2 bathrooms, and a full kitchen
More about this property
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