Search
Two-Unit Leased Nightclub Building
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
Listed By: KJ Wingert · License #S69502000
Added: Mar 20 Changed: Jul 29 Last Checked: Aug 4 at 1:06PM
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.

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

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

497
Businesses Nearby
Under-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

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message