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Demised Retail Restaurant Office Space
For Sale
Contact for pricing
Pending

508 5th St, Sioux City, IA 51101

Retail building with demisable first floor bays, abated asbestos, and complete demolition, ready for retail, restaurant, or office.

Property Size9,810 SF
Days on Market143

Property Features for 508 5th St

General Information

Standard status Pending
Size 9,810 SF
Property subtype Retail
Lease Type Gross

Additional Details

Traffic Count 8,300 vehicles/day
Listing Agency: RE/MAX Preferred
Listed By: Karla Hertz · License #IA B43596
Source: Crexi
Added: Apr 11 Changed: Aug 17 Last Checked: Aug 28 at 3:12PM

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 RE/MAX Preferred

Investment Insights

Based on property information with market context.

This for-sale retail property has had asbestos abated and demolition completed, leaving the space ready for immediate build-to-suit improvements. The available area is approximately 9,810 sf and can be configured for retail, restaurant, or office use.

The building is located between heavily traveled Pierce Street (7900 VPD) and Nebraska Street (8300 VPD). First-floor space can be demised into three bays, each approximately 1,600 sf, allowing a single bay or multiple bays to be leased.

One of the bays includes a new facade and a vanilla box, while individual bays may be leased for $1,000/month plus utilities.

Key Highlights

  • 9,810 SF retail building available now, with space ready for retail, restaurant, or office use.
  • Asbestos has been abated and demolition is complete.
  • First floor can be demised into three 1,600 SF bays for leasing one, two, or all three bays.

Property Analytics

Current Use

The Yoga College Gym & Fitness Center

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

8,300 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

2,328
Businesses Nearby
22k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 100%
Perkins Restaurant & Bakery Dining
12,378 visits/mo 0.4 miles
Scooter's Coffee Dining
9,728 visits/mo 0.4 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail building with demisable first floor bays, abated asbestos, and complete demolition, ready for retail, restaurant, or office.
Where is this retail space located?
The property is located at 508 5th St Sioux City, IA.
What are key features of this property?
This property features: 9,810 SF retail building available now, with space ready for retail, restaurant, or office use.; Asbestos has been abated and demolition is complete.; First floor can be demised into three 1,600 SF bays for leasing one, two, or all three bays.
More about this property
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