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For Sale

4th & Jackson | Office Condo | Unit 320

700 4th,
Sioux City, IA 51101

Asset Snapshot

1972
Year Built
2012
Year Renovated
344
Parking Spots
100%
Occupancy

Offering Summary

Investment Overview

Office condominium in the heart of Downtown Sioux City's entertainment district. This former Office of the Comptroller of the Currency space was built to suit meeting federal security standards in 2012 and is 33% leased. Operating expenses estimated at $8.35 PSF. Can be combined with a purchase of the 1,987 SF. fully leased adjacent Units 300/310 at the same price per square foot. 3,523 SF of the 5,228 SF condo is also for lease. Featuring lots of natural light, the entire building has been remodeled and converted to Class A space. The building has direct 4th-floor and skywalk-level access to the adjacent Heritage Parking Ramp and direct skywalk access to the Sioux City Convention Center, Marriott Courtyard, UnityPoint Health - St. Luke's - Downtown, Orpheum Theatre & Historic Pearl. Marto Brewing is one block east. $46,000,000 of private funds have recently been invested on three sides of the building; $23M for the Badgerow to the west, $20M for the former Hilton to the north, and $2.75M for the Riviera Theater to the east.


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Listing Syndicated From

Buildout
For Sale
$303,000
Asking Price