Two-Story Mixed-Use
501 Pearl Street, Sioux City, IA 51101
For Sale
$700,000
Commercial, Sioux City, IA
Property Size8,136 SF
Lot Size0.09 Acres
Price / SF$86.04
Days on Market235
Property Features for 501 Pearl Street
General Information
Property type
Property subtype
Subdivision
Standard status
APN
Lot size
Additional Details
Corner Location
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Amenities
tall ceilings
large second-floor windows
full basement
3-phase power
Building Details
Year built
Buildings
Listing Agency:
Century 21 ProLink
(712) 224-2300
Listed By:
KJ Wingert · License IA S69502000
(712) 251-9905
Added: Mar 23
Changed: Nov 11
Last Checked: Nov 12 at 8:06AM
MLS# 832204
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.
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Investment Insights
Based on property information with market context.
This 1900-built mixed-use property has two floors measuring 4,068 square feet each, plus full basements on each side. Tall ceilings and large second-floor windows add character, while the layout can be reconfigured as two separate units. The building has 3-phase power and electrical capacity suited to higher-demand operations.
At the corner of Pearl Street in Sioux City’s entertainment district, the property is along a main corridor near bars, restaurants, and nightlife. A public parking ramp is across the street, and second-floor windows look toward downtown. The parcel contains 0.09 acres.
At the corner of Pearl Street in Sioux City’s entertainment district, the property is along a main corridor near bars, restaurants, and nightlife. A public parking ramp is across the street, and second-floor windows look toward downtown. The parcel contains 0.09 acres.
Key Highlights
- Two floors, each measuring 4,068 square feet
- Full basements on each side of the building
- Layout can be divided into two separate units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,401
Cap Rate
8.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,228,020
$1.2M
Cap Rate 7%
$877,157
$877.2K
Cap Rate 9%
$682,233
$682.2K
Market Conditions
NOI Build-Up for 8,136 SF
Gross rent
$122.0K $15.00/SF
− Vacancy
−$23.8K −$2.93/SF
EGI
$98.2K $12.08/SF
− OpEx
−$36.8K −$4.53/SF
NOI
$61.4K $7.55/SF
Area
Woodbury County, IA
Vacancy
19.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,228,020
Cap Rate 7%
$877,157
Cap Rate 9%
$682,233
Alternative Uses
Best Use
Specialty Retail
$1.22M
$1.07M – $1.43M
NOI $85,581 @ 7.0% cap · market cap 12.23%
Second Best
Retail
$1.15M
$1.01M – $1.35M
NOI $80,721 @ 7.0% cap · market cap 11.53%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,205
Businesses Nearby
Explore this area
Business Placement
Demographics for 51101, IA
1,146
Population
723
Households
1.6
Avg Household Size
39
Median Age
11%
College-Educated
84%
High-School Grad
1.2 sq mi
ZIP Area
955
Density / Sq Mi
$18,103
Median Household Income
$25,661
Median Earnings
$676
Median Rent
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A flexible floor plan can be divided into two units, with 3-phase power for higher-demand operations.
Where is this mixed-use property located?
The property is located at 501 Pearl Street Sioux City, IA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Two floors, each measuring 4,068 square feet; Full basements on each side of the building; Layout can be divided into two separate units
