1221 Pierce St Sioux City, IA 51105
For Sale
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This exceptional two-story commercial building, located at 1221 Pierce St in Sioux City, Iowa, presents a unique investment opportunity. Built in 1920 and boasting 21,810 square feet of space, this property sits on a 1.04-acre lot (APN 894728108011) and is zoned for traditional office use. The asking price is $549,000, translating to $25.17 per square foot. The building features varying ceiling heights, ranging from 7-10 feet to 15-20 feet, offering flexibility for diverse layouts and uses. Its historic landmark status adds significant character and potential for adaptive reuse. The property includes the legal description of Sioux City East Lots 7, 8 & 9, all in Block 71. The closing date is negotiable, as the seller requires time to relocate. This presents a rare chance to acquire a substantial, historically significant commercial property in a desirable Sioux City location, ideal for entrepreneurial ventures or established businesses seeking a unique and spacious workspace. The property's size and location offer significant potential for future growth and development. The building's character and history provide a unique opportunity for a buyer seeking a distinctive commercial space.
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X712 Gym & Fitness Center
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Transitional Services of Iowa Crisis Center Medical Clinic
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Integrated Counseling Practice Counselor
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Melissa Schuldt Foster Care Service Social Service Agency
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Dakotah Health & Wellness Inc. Wellness Program
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-13 · Sioux City, IACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.