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Leased Nightclub Property
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 Market183

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
Listed By: KJ Wingert · License #S69502000
Added: Mar 20 Changed: Sep 16 Last Checked: Sep 18 at 4:06PM
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 commercial property contains two leased spaces within a building constructed in 1905. One space is occupied by an established nightclub under a lease with five years remaining. The other space is designated for a hookah shop and carries a five-year lease commitment.

The property is located at 1923 Pierce Street in Sioux City, Iowa, on a 0.09-acre parcel. Both spaces are identified as leased, providing an existing tenant configuration for a new owner. The property is classified as a night club asset and includes retail-oriented commercial occupancy.

Key Highlights

  • Two leased commercial spaces
  • Established nightclub with five years remaining on its lease
  • Incoming hookah shop with a five‑year lease commitment

Property Analytics

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Current Use

20 tap Bar & Pub Africa Bar Bar & Pub

Suggested Use

Top Pick Real Estate Agency Gym & Fitness Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store HVAC Service Storage Facility

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

751
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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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Similar Off Market Nearby

  • Bob's Watering Hole 722 W 7th St, Sioux City, IA 51103
  • The BLOCK Venue -all ages 1307 Pierce St, Sioux City, IA 51105
  • Lokitas Familia Resterante Y Cantina 1401 Pierce St, Sioux City, IA 51105, United States
  • Marty's Tap 1306 Court St, Sioux City, IA 51105
  • 20 tap 1923 Pierce St #3842, Sioux City, IA 51104

Frequently Asked Questions

What type of property is this?
Night club - Two commercial spaces are leased to a nightclub and an incoming hookah shop.
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 leased commercial spaces; Established nightclub with five years remaining on its lease; Incoming hookah shop with a five‑year lease commitment
More about this property
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