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    416-20 Jackson St Sioux City, IA 51101

    Sponsored
    For Sale
    $499,000

    High-return bar/restaurant, fully leased.

    Property size:
    13,850 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment property, located at 416-20 Jackson St in Sioux City, Iowa, presents a rare opportunity to acquire a fully leased, high-performing commercial space. The 13,850 square foot building, constructed in 1974, sits on a 13,184 square foot lot (APN 894728334007) and is zoned for commercial use. Currently operating as a thriving bar and restaurant, the property boasts 100% occupancy with two established tenants: La Familia Nightclub (leased since 2017) and Hdmona Bar (leased since 2022). The single-story building requires minimal maintenance, eliminating the need for parking lot upkeep or roof replacements, significantly reducing operational costs. This turnkey investment offers a substantial return on investment with a stable rental income stream. Financial details, including the rent roll and profit and loss statement, will be provided upon execution of a non-disclosure agreement. The property's prime downtown location in Woodbury County, Iowa (zip code 51101), ensures high visibility and accessibility. This is an ideal opportunity for investors seeking a low-maintenance, high-yield commercial property in a vibrant urban setting. Don't miss this chance to acquire a proven, successful business with significant growth potential. Asking price is $499,000.

    Property Features for 416-20 Jackson St

    General Information

    Property type
    Individual retail properties
    Square Feet
    13,850 SF

    Building Details

    Year Built
    1974
    Buildings
    1
    Stories
    1
    Units
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Sioux City
    County
    Woodbury
    State
    Iowa
    Longitude
    -96.401822
    Latitude
    42.494369

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    FAQs

    What type of property is this?
    Individual retail property - High-return bar/restaurant, fully leased.
    Where is this individual retail property located?
    The property is located at 416-20 Jackson St Sioux City, IA.
    What is the asking price?
    The asking price for this property is $499,000.
    Request Owner's contact information
    416-20 Jackson St Sioux City, IA 51101
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    Sioux City, IA 51101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    416-20 Jackson St Sioux City, IA 51101
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