124 Pierce St Sioux City, IA 51101
- Retail space
- 18,900 SF
- 1.09 lot acres
Current Use by Public Records
- Ashley HomeStore / Furniture Store / Bedroom Furniture Store
- Ashley / Furniture Store / Bedroom Furniture Store
Property Details for 124 Pierce St
- Year built
- 1957
- Lot size
- 1.09 lot acres
- Property size
- 18,900 SF
- Property type
- Retail space
- APN
- 894728382001
- APU
- 894728382001
Description
This exceptional 18,900-square-foot free-standing retail building presents a unique investment opportunity in the heart of Downtown Sioux City. Originally constructed in 1957 and extensively renovated in 2014, this single-tenant property sits on a spacious 1.38-acre lot and offers ample parking with 43 spaces. The building's versatile layout, previously occupied by a grocery store and more recently a furniture store, makes it ideal for a variety of retail uses. Its General Commercial (GC) zoning provides flexibility for future development. The property boasts excellent visibility, with a direct line of sight from both Highway 20 (Gordon Drive) and Interstate 29, ensuring high traffic exposure. The thriving downtown area is experiencing significant growth, with a recent Downtown Partners study reporting 671 residential units and 601 hotel rooms in 2023. Further enhancing its appeal, new construction directly across the street is bringing new businesses and apartments to the neighborhood. The building is available for lease, commencing January 1st, 2025. The property's single-story design and ample parking provide convenient access for customers and employees. Its prime location and recent renovations make this a truly exceptional opportunity for a discerning business owner seeking a high-impact retail space. The Assessor's Parcel Number (APN) is 894728382001.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sioux City
- County
- Woodbury
- State
- Iowa
- Longitude
- -96.4042
- Latitude
- 42.4917
- CBSA code
- 43580
- CBSA name
- SIOUX CITY, IA-NE-SD METROPOLITAN STATISTICAL AREA