501 Douglas St Sioux City, IA 51101
For Sale
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This exceptional Class A executive office building, located at 501 Douglas St in Sioux City, Iowa, presents a unique investment opportunity. The 4,875 square foot, three-story building boasts a complete renovation in 2009, encompassing new plumbing, electrical systems, a fire sprinkler system, and HVAC. Situated on a 0.04-acre lot (APN 894728307009), this property benefits from ample natural light throughout, high ceilings, and attractive finishes. Convenient parking is available directly across the street. The layout is versatile and functional. The ground floor features a spacious open area suitable for a conference room or workspace, a kitchenette, and two restrooms. The second floor comprises five private offices, an open workspace, and a restroom. Finally, the third floor offers a large conference room or workspace and an additional restroom. The building is zoned DC - Downtown Commercial and was originally constructed in 1919. Asking price is $635,000. This multi-tenancy property is ideal for a variety of businesses seeking a prestigious downtown location.
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
Costs & 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.