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Class A Office Condo Investment
For Sale
$875,000

302 Jones St Ste 210, Sioux City, IA 51101

Corporately leased office condo in historic district.

Property SizeContact for details
Days on Market163

Property Features for 302 Jones St Ste 210

General Information

Standard status Active
Property subtype Office

Building Details

Year Built 1906
Listing Agency: NAI United
Listed By: Nathan Connelly · License #S62387000
Source: Naiglobal
Added: Feb 26 Changed: Jul 10 Last Checked: Aug 8 at 4:49AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI United

Investment Insights

Based on property information with market context.

This Class A office condo is offered as an investment opportunity with a 7.5% cap rate. The space is 100% leased by Robert W. Baird & Co., who recently extended their lease for five years and has occupied the space since the building's complete renovation in 2011. The property is located on the 2nd floor of the historic United Center, featuring an open staircase made of 117-year-old Douglas Fir timbers. The sale includes 5 underground parking spaces, with the option to purchase additional spaces. United Center is situated next to the Sioux City Convention Center, Marriott Courtyard, and a movie theater in the Historic 4th Street Entertainment District. The property is located at 302 Jones St, Ste 210, Sioux City, IA 51101.

Key Highlights

  • NNN corporately leased investment with a 7.5% cap rate.
  • 100% leased by Robert W. Baird & Co. with a recently extended five‑year lease.
  • Baird has occupied the space since the building's complete renovation in 2011.

Property Analytics

Current Use

Adam J Dean ... Financial Advisor Kevin McManamy, United ... Real Estate Agency Sydney McManamy, United ... Real Estate Agency CMBA Architects Architect The Stuck Bivens-Rose Group ... Financial Advisor

Suggested Use

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

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

2,187
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

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 - Corporately leased office condo in historic district.
Where is this office units located?
The property is located at 302 Jones St Ste 210 Sioux City, IA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: NNN corporately leased investment with a **7.5% cap rate.**; 100% leased by Robert W. Baird & Co. with a recently extended five‑year lease.; Baird has occupied the space since the building's complete renovation in 2011.
More about this property
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