Two-Unit Leased Nightclub
For Sale
$550,000
1923 Pierce Street, Sioux City, IA 51104
COMMERCIAL - Sioux City, IA
Property SizeContact for details
Lot Size0.09 Acres
Days on Market138
Property Features for 1923 Pierce Street
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
Nside Central
Standard status
Active
APN
894721308008
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
HIGMANS 2ND E 74.3 FT LOT 1 BLK 24
Tax Annual Amount
2920
Legal Description
HIGMANS 2ND E 74.3 FT LOT 1 BLK 24
Building Details
Year built
1905
Listing Agency:
Century 21 ProLink
(712) 224-2300
Listed By:
KJ Wingert · License #S69502000
(712) 251-9905
Added: Mar 20
Changed: Jul 29
Last Checked: Aug 4 at 12:06PM
MLS# 832182
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 turnkey investment property at 1923 Pierce Street features two fully leased commercial spaces within a single building. One space is occupied by an established nightclub with five years remaining on the lease term. The second space is committed to a hookah shop with a five-year lease term. With both units under long-term agreements, new ownership can take over with tenants already in place.
The property sits on Pierce Street in Sioux City, Iowa. The building was built in 1905 and is offered as a low-management, income-producing asset based on the existing lease commitments.
The second space’s hookah shop commitment is noted as forthcoming, while the nightclub lease is currently in place with five years remaining. This configuration supports a straightforward leased-asset profile for buyers seeking multiple income sources in one ownership.
The property sits on Pierce Street in Sioux City, Iowa. The building was built in 1905 and is offered as a low-management, income-producing asset based on the existing lease commitments.
The second space’s hookah shop commitment is noted as forthcoming, while the nightclub lease is currently in place with five years remaining. This configuration supports a straightforward leased-asset profile for buyers seeking multiple income sources in one ownership.
Key Highlights
- Two fully leased commercial spaces under long‑term tenants
- Nightclub space has five years remaining on the lease term
- Second space is committed to a hookah shop on a five‑year lease term
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
497
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 51104, IA
23,080
Population
9,119
Households
2.5
Avg Household Size
35
Median Age
28%
College-Educated
89%
High-School Grad
7.5 sq mi
ZIP Area
3,077
Density / Sq Mi
$74,984
Median Household Income
$42,411
Median Earnings
$955
Median Rent
$193,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- The BLOCK Venue -all ages — 1307 Pierce St, Sioux City, IA 51105
- 20 tap — 1923 Pierce St #3842, Sioux City, IA 51104
- Bob's Watering Hole — 722 W 7th St, Sioux City, IA 51103
- Marty's Tap — 1306 Court St, Sioux City, IA 51105
- Lokitas Familia Resterante Y Cantina — 1401 Pierce St, Sioux City, IA 51105, United States
Frequently Asked Questions
What type of property is this?
Night club - Turnkey building with two fully leased commercial spaces and long-term tenants, including a nightclub with five years remaining.
Where is this night club located?
The property is located at 1923 Pierce Street Sioux City, IA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Two fully leased commercial spaces under long‑term tenants; Nightclub space has five years remaining on the lease term; Second space is committed to a hookah shop on a five‑year lease term
