2833 St Andrews Way Sioux Center, IA 51250
COMMERCIAL - Sioux Center, IA
Property Features for 2833 St Andrews Way
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 1616304003
- Lot size
- 1.39 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- L3 SOUTH RIDGE ESTATES COMMERCIAL PARK 2ND ADD
- Tax Annual Amount
- 3320
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 2024
Listing agent Jacqueline Maassen License #B63772 (712) 395-1334
Listing office Vision Realty 639 S Plaza Suite #104, Sioux Center, IA (712) 722-0045
Listing date May 26, 2026
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.
Situated on the south edge of Sioux Center at 2833 St Andrews Way, the property sits on 1.39 acres. The building’s interior layout emphasizes flexible event use while maintaining dedicated food service and operational components.
For buyers seeking a turn-key, multi-purpose venue, this asset combines event-ready spaces with supporting amenities such as a kitchen, storage, and elevator service. The acoustic and audio improvements may be particularly relevant for tenants or operators planning presentations, meetings, or sound-forward programming, while the coffee shop area offers an on-site hospitality component.
Key Highlights
- Commercial building built in 2024 on the south edge of Sioux Center
- 16,522 SF designed for gatherings, events, and business operations
- Main level includes elevator access, custom tap wall, coffee shop, kitchen, and ample storage
Local Financial Insights For Specialty Retail
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 | $237.9k | $14.40 |
| − Vacancy | −$20.0k | −$1.21 |
| EGI | $217.9k | $13.19 |
| − OpEx | −$54.5k | −$3.30 |
| NOI | $163.4k | $9.89 |
