132 N Main Ave, Sioux Center, IA 51250
COMMERCIAL - Sioux Center, IA
- 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
Listing agent Jennifer Jansen License #B55837 (712) 441-3232
Listing office Century 21 Signature RE 1620 SW Magazine Road, Ankeny, IA (319) 266-8080
Listing date Oct 27, 2025
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
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Sioux Center
- County
- Sioux
- State
- Iowa
- Longitude
- -96.1753472
- Latitude
- 43.0781186