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2 Units Available

Unit 300/310

Unit Size 1,987 SF
Price $324,159 CAD
Price Per SF $163.14 CAD
Condo Use Office
Sale Type Owner User
No. Parking Spaces 50
APN/Parcel ID 894728384300, 894728384310
Description

Office condominium in the heart of Downtown Sioux City's entertainment district. The Rehan Law Office currently occupies the space, which was completely remodeled in 2019.  Can be combined with a purchase of the 5,228 sq. ft. adjacent Unit 320 at the same price per square foot.  Operating expenses, including utilities, are estimated at $7 psf.

There are $46,000,000 of private funds being invested on three sides of the building; $23MM for the Badgerow to the west, $20MM for former Hilton to the north, and $2.75MM for the Riviera Theater to the east.

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 accesses to the adjacent Heritage Parking Ramp and direct skywalk access to the Sioux City Convention Center, Marriott Courtyard, Mercy One, Orpheum Theatre & Historic Pearl.  Also adjacent is the Promenade 14 Cinema & Marto Brewing.

Unit 320

Unit Size 3,478 SF
Price $852,896 CAD
Price Per SF $245.23 CAD
Condo Use Office
Sale Type Owner User
No. Parking Spaces 50
APN/Parcel ID 894728384320
Description

Office condominium in the heart of Downtown Sioux City's entertainment district. The Office of the Comptroller of the Currency will be vacating its 3rd floor space by 4/30/23.  The space was built to suit meeting federal standards in 2012.  Can be combined with a purchase of the 1,987 sq. ft. adjacent Units 300/310 at the same price per square foot.

There are $46,000,000 of private funds being invested on three sides of the building; $23MM for the Badgerow to the west, $20MM for former Hilton to the north, and $2.75MM for the Riviera Theater to the east.

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 accesses to the adjacent Heritage Parking Ramp and direct skywalk access to the Sioux City Convention Center, Marriott Courtyard, Mercy One, Orpheum Theatre & Historic Pearl.  Also adjacent is the Promenade 14 Cinema & Marto Brewing.

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 55,012 SF
Property Type Office
Building Class B
Floors 6
Typical Floor Size 9,169 SF
Year Built 1972
Lot Size 2.60 AC
Parking Ratio 6.25/1,000 SF
Opportunity Zone Yes
Zoning DC - Downtown Commercial

Amenities

  • Controlled Access
  • Property Manager on Site
  • Signage
  • Skyway
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
  • Listing ID: 25281954

  • Date on Market: 2022-03-18

  • Last Updated:

  • Address: 700 4th St, Sioux City, IA 51101

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