Sioux City, IA 51101-1344,505 5th Street
Sioux City, IA 51101-1344,505 5th Street
Sioux City, IA 51101-1344,505 5th Street
Sioux City, IA 51101-1344,505 5th Street
Sioux City, IA 51101-1344,505 5th Street
Sioux City, IA 51101-1344,505 5th Street
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$ 2,750,000
Est. payment | /mo

84,000 SqFt


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$ 2,750,000
Est. payment | /mo
Save

84,000 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 84,000 sqft

Price per Sqft $32

MLS Listing ID 829318

Year Built 1919

Annual Tax Amount $48,862

Tax Year 2023

Lot Size 0.340 Acres

Acres 0.34

Property Sub-Type Commercial

Property Description

The 8-story Frances Building is one of the great gems of architecture in downtown Sioux City. It's rich history includes a track record of being a fantastic investment. With an estimated 54,000 sf of rentable space, it has been a hub for commerce in the heart of Siouxland for over 100 years. Street level restaurant and retail businesses contribute to the vibrancy of downtown, while the office spaces remain bustling with solid occupancy rates. The owner has maintained the Frances Building's reputation as a desirable workplace by investing in improvements to the the elevator systems, roof, and restrooms.

Location

State IA

County Iowa

Area Midtown

Building

Sewer City

Water City

Listed by LPT Realty, LLC
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505 5th Street