505 5th Street, Sioux City, IA 51101-
Sioux City, IA Homes for Sale in 51101- and Real Estate MLS # 829318
$3,500,000
- N/A
- N/A
- 84000
- Active
General 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. Offered here at a 9.9% cap rate, that track record has strong potential to continue. 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.Legal: SIOUX CITY EAST LOTS 5 & 6 BLK 10
Property Information
829318
$3,500,000
505 5th Street
Midtown
Sioux City
Iowa
IA
Sale
Commercial
8
Yes
84000
20
1919
51101-
48862
LISTED BY
LPT Realty, LLC, Amy Kakacek (712.333.1111)
PROPERTY LOCATION
MORTGAGE CALCULATOR
RE/MAX Experience
Licensed In Iowa,Nebraska,South Dakota Each Office Independently Owned And Operated.
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COMMUNITY
Four Seasons Health Club
When it comes to maintaining both my physical and mental health, there is no place I would rather be than at the gym. The discipline built from consistently pushing myself in the gym allows me to have the capacity to go the extra mile for all my clients. Whether you are a beginner or a fitness expert, there is no place I would recommend more than Four Seasons Health Club. A local gym that provides community and limitless opportunities for personal development. Join me and click the link to learn more information!
St. Luke's Unity Point - Children's Miracle Network
It is Miracle Miracle Homes month nationwide at RE/MAX. Did you know that a portion of all the Carlson Group's closings are donated to help kids in Sioux City and the Siouxland community at St. Luke's Unity Point? Learn more about how your home can be a MIRACLE HOME! Check out the Siouxland Magazine link to learn more about how you can impact children in need right here in Sioux City, IA!
Sioux City Musketeers golf tourney
The Re/MAX team recently played in the annual Sioux City Musketeers golf outing. Two Rivers Golf Course was in great shape and pro Rod Slater has put in significant effort in upgrading amenities. The Muskies are celebrating their 50th anniversary during the 2021-2022 season. The group Coach Strand brought in a next level class this year, with a number of players destined for the NHL. Travis Morgan is sure to have the Tyson Events Center ready to rock as Sioux City's beloved Musketeers take the ice. To learn more about the squad or grab tickets, click link.
