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    Office Building with Highway 75 Frontage Title is generated by Realmo AI

    132 N Main Ave, Sioux Center, IA 51250

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    For Sale
    $395,000

    COMMERCIAL - Sioux Center, IA

    Property size:
    2,600 SF
    Lot size:
    0.15 Acres
    Price / SF:
    $151/SF
    Added:
    Oct 27, 2025
    Days on Market:
    234
    Last Refresh:
    Jun 17 at 12:06 am

    Property Features for 132 N Main Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    GC
    Standard status
    Active
    APN
    1604159002
    Lot size
    0.15 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    LS6&7 BLK 27 NORTH SIOUX CENTER
    Tax Annual Amount
    8000

    Utilities

    Heating system
    Forced Air, Baseboard
    Cooling system
    Central Air

    Building Details

    Year built
    1978

    We can help!

    Listing Contact
    Jennifer Jansen
    Jennifer Jansen

    Listing agent Jennifer Jansen License #B55837

    Listing office Century 21 Signature RE 1620 SW Magazine Road, Ankeny, IA

    Listing date Oct 27, 2025

    MLS# 830790

    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

    • Over 2,600 SF commercial building built in 1978 on a 0.15‑acre lot in downtown Sioux Center
    • Tremendous Highway 75 frontage with convenient parking, including 8 rear parking spaces plus additional options along the highway
    • Welcoming reception area with large waiting room plus 10 auxiliary office/workroom spaces
    • Two office suites with private en‑suite 1/2 baths, plus a breakroom, 1/2 bath, and laundry space
    • Full basement is unfinished and includes a Thrasher system for storage or potential expansion
    • Updates include new rubber roof (2020), new water heater (2024), and new air conditioner (2020+/-); heating options include forced air and baseboard, with central air

    Overview

    Built in 1978, this well-kept office building is laid out to support a range of business uses, with a welcoming reception area and large waiting room. The interior includes 10 auxiliary office and workroom spaces, plus two office suites, each with a private en suite 1/2 bath. Additional improvements include a breakroom, 1/2 bath, and laundry space. The property also has a full unfinished basement that can serve for storage and potential future expansion. Recent updates include a new rubber roof in 2020, a new water heater in 2024, and an air conditioner installed in 2020 (approx.); the basement includes a Thrasher system.

    Situated on a 0.15-acre lot in downtown Sioux Center, the property offers highway visibility and convenience with Highway 75 road frontage. Parking includes eight rear spaces, with additional parking options along the highway to support employees and customers.

    With a total of over 2,600 square feet and a configuration featuring reception, multiple offices, and suite-style areas, the space can work well for office-centric tenants seeking dedicated rooms and built-in plumbing within suites. The additional basement area supports practical storage needs, while the existing parking layout helps reduce daily access friction for staff and visitors. The property is listed under zoning GC.

    Local Financial Insights For Office B

    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 $43.1k $16.56
    − Vacancy −$5.3k −$2.02
    EGI $37.8k $14.54
    − OpEx −$9.5k −$3.63
    NOI $28.4k $10.90
    2,600 SF · lease $16.56/SF/yr · vacancy 12.20% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $405.0K
    $354.4K – $472.5K (±1% cap)
    NOI $28,352 @ 7.0% cap · market cap 7.18%
    Second Best
    Healthcare Medical
    $367.4K
    $321.5K – $428.7K (±1% cap)
    NOI $25,721 @ 7.0% cap · market cap 6.51%
    Theoretical Best
    Office A
    $541.6K
    $473.9K – $631.9K (±1% cap)
    NOI $37,913 @ 7.0% cap · market cap 9.60%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Sioux Center
    County
    Sioux
    State
    Iowa
    Longitude
    -96.1753472
    Latitude
    43.0781186

    FAQs

    What type of property is this?
    Office building - Downtown Sioux Center office building with a welcoming reception, multiple offices, and flexible parking off Highway 75.
    Where is this office building located?
    The property is located at 132 N Main Ave Sioux Center, IA.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: Over 2,600 SF commercial building built in 1978 on a 0.15‑acre lot in downtown Sioux Center; Tremendous Highway 75 frontage with convenient parking, including 8 rear parking spaces plus additional options along the highway; Welcoming reception area with large waiting room plus 10 auxiliary office/workroom spaces
    More about this property
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