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8-Story Mixed-Use Office Building

505 5th Street Sioux City, IA 51101

Claim this Listing
For Sale
$2,500,000

COMMERCIAL - Sioux City, IA

Property size:
54,000 SF
Lot size:
0.34 Acres
Price / SF:
$46/SF
Added:
Jun 27, 2025
Days on Market:
380
Last Refresh:
Jul 11 at 10:06 am

Property Features for 505 5th Street

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
894728329003
Lot size
0.34 Acres

Taxes and HOA fees

Tax Year
2023
Tax Description
SIOUX CITY EAST LOTS 5 & 6 BLK 10
Tax Annual Amount
48862

Building Details

Year built
1919

Listing agent Amy Kakacek

Listing office LPT Realty, LLC 12345 University Ave Suite 100, Clive, IA

Listing date Jun 27, 2025

MLS# 829318

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.

The Frances Building is an 8-story mixed-use property with street-level restaurant and retail businesses and office space above. The building is supported by elevator systems, and the owner has invested in improvements that include elevator systems, the roof, and restrooms. The asset has an estimated 54,000 rentable square feet.

Located at 505 5th Street in Sioux City, Iowa, the property sits on a 0.34-acre site in the downtown area. Street-level uses support activity at the ground floor while the upper floors provide a dedicated office environment. The building’s long operating history is tied to its central role in the local business community.

This property can fit investors and owner-operators seeking a downtown mixed-use office building with street-level retail and restaurant presence and a documented record of building system maintenance. The completed improvements to elevators, roof, and restrooms help support day-to-day functionality and tenant experience for prospective office users and street-level operators. For parties evaluating a downtown platform in Sioux City, the Frances Building offers a blend of income-producing street-level space and vertically integrated office space under one ownership.

Key Highlights

  • 8‑story Frances Building in downtown Sioux City
  • Estimated 54,000 SF of rentable space
  • Built in 1919; has served as a commerce hub for over 100 years

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Ely & Elbert Tax ... Tax Preparation Sioux Guitars Production Facility Mind;Alchemy Nesrin Abu ... Physician Updegraff David L Law Firm Hellige Frey & Roe ... Law Firm

Suggested Use

Dental Office (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Locksmith (Bike/Boat/Book/etc) Store Carpet & Flooring Store Catering Service (Bike/Boat/Book/etc) Store Florist Veterinary Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - An 8-story building with street-level restaurant and retail space plus ongoing improvements to key systems.
Where is this office building located?
The property is located at 505 5th Street Sioux City, IA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 8‑story Frances Building in downtown Sioux City; Estimated 54,000 SF of rentable space; Built in 1919; has served as a commerce hub for over 100 years
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