1019 Jones StSioux City, IA 51105

Property Details for 1019 Jones St

Year built

1993

Construction

FRAME

Lot size

0.87 AC

Property size (Sq ft)

6,304 SF

Property type

Office properties

Property subtype

Office buildings

APN

894728136001

APU

894728136001

Description

This exceptional commercial property, located at 1019 Jones St in Sioux City, Iowa, presents a unique investment opportunity. The Class B building boasts a substantial 12,600 square feet of office space, currently 100% occupied, and is ideally suited for a single tenant or can be easily divided to accommodate two. The main floor offers over 6,300 square feet of flexible space, including seven private offices and a large training room, perfect for meetings and presentations. The lower level mirrors this layout, providing an additional 6,300 square feet of finished space, presenting a significant opportunity for expansion or separate tenancy. The property benefits from ample parking, a prime downtown location with easy access to amenities and public transportation, and is offered at an asking price of $699,900. Most furniture is included, allowing for immediate occupancy. This versatile building is perfect for businesses seeking to establish or expand their presence in Sioux City's vibrant downtown core. The property is zoned for commercial use and is situated in Woodbury County, Iowa, zip code 51105. This is a single-tenant property with no individual units.

• CAP approach

  CAP return

  Valuation

  6%

  $973,543

  6.5%

  $898,655

  7%

  $834,465

• Comparable approach

  Method

  Valuation

  Relative Method

  $321,756

  Geo Method

  $321,756

• Alternative Use

  Use

  Valuation

  Residential

  $1,114,332

  Hospitality

  $1,020,722

  Educational

  $849,229

  Medical

  $878,435

  Retail

  $1,321,023

Location Insight

City

Sioux City

County

Woodbury

State

Iowa

Latitude

42.5015

Longitude

-96.4015

CBSA code

43580

CBSA name

SIOUX CITY, IA-NE-SD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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