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Two-Tenant 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 Market228

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

Additional Details

Tenant in Place Yes

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: Oct 28 Last Checked: Nov 2 at 6:06PM
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.

Rey
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Investment Insights

Based on property information with market context.

This 1905-built commercial property contains two leased spaces. One is occupied by an established nightclub with five years remaining on its lease. A hookah shop is expected to occupy the other space under a five-year lease commitment. The site encompasses 0.09 acres.

Key Highlights

  • Two commercial spaces, leased to a nightclub and a hookah shop
  • Nightclub lease has five years remaining
  • Hookah shop has committed to a five‑year lease

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

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 - A commercial building combines an established nightlife tenant with a second space committed to a hookah retailer.
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 commercial spaces, leased to a nightclub and a hookah shop; Nightclub lease has five years remaining; Hookah shop has committed to a five‑year lease
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