For Lease
$8/SF/YR

124 Pierce St Sioux City, IA 51101

18,900 SF Free-Standing Building, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
132
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.

Highlights

  • 18,900 SF freestanding retail building on a 1.38-acre lot.
  • Single-tenant occupancy; currently vacant.
  • Located in Downtown Sioux City, IA.
  • Built in 1957, renovated in 2014.
  • 43 parking spaces.
  • Zoned GC - General Commercial.

Property Details for 124 Pierce St

Property type
Retail properties, Freestanding property
RSF (Rentable sq. ft)
18,900 SF
Year Built/Renovated
1957/2014
Stories
1

Unit(s) available at that property

Space
Available Space
Size
18,900 SF
Rate per SF
$8

Location Insight

City
Sioux City
County
Woodbury
State
Iowa
Latitude
42.4917289
Longitude
-96.4041694

FAQs

What type of property is this?
Retail property - 18,900 SF Free-Standing Building, High Visibility
Where is the retail property located?
The property is located at 124 Pierce St Sioux City, IA.
What is the lease rate?
The lease rate is $8/SF/YR.
What are key features of this property?
This property features: 18,900 SF freestanding retail building on a 1.38-acre lot.; Single-tenant occupancy; currently vacant.; Located in Downtown Sioux City, IA.
How can I contact the broker?
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124 Pierce St
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