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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
28137890
28292749

700 Jackson St, Sioux City, IA 51105

MH
IA S68441000, NE 20210155
Keller Williams Siouxland
Listed by Keller Williams Siouxland
$825,000
787 days on market
Updated 19 days ago
Opportunity zone

700 Jackson St. Sioux City, Iowa

Details
APN 894728185
Property Type Office
Sub Type Medical Office, Business (+1)
Square Footage 7,092
Net Rentable (SqFt) 7,092
Cap Rate 8.65%
NOI $71,343
Tenancy Multi
Price per SqFt $116
Year Built 1977
Year Renovated 2025
Stories 1
Acreage 0.540
Zoning GC
Parking Spaces 22 spaces
Parking Per SqFt 3.10

Office | 8.65% CAP | 7,092 SqFt

Marketing description

This property is also perfect for an investor looking for a well-maintained building with quality finishes and 5 units filled with quality tenants ensuring a steady cashflow. This building would also be great for an owner/occupier as the other 4 tenants will pay off your mortgage. The property offers convenient parking right by the doors, giving easy access for tenants and their customers alike. The interior of each unit features high-quality finishes, providing a comfortable and stylish working environment. The attention to detail is evident throughout, from the modern fixtures to the tasteful color schemes. The property features a green space courtyard. Don’t miss out on this opportunity to own a property that combines functionality, convenience, and aesthetic appeal 1 block from MercyOne Siouxland Medical Center. Unit 700 was updated 4 years ago with a new HVAC unit, new roof and tiple pane Pella windows. Unit 702 has new lights, a new front window and new kitchen. Unit 704 was just updated with new paint, ceiling tiles and high-quality LED lights. Unit 706A was completely updated in 2024 with new paint, carpet, ceiling tiles, HVAC, high-quality LED lights, a new kitchenette and new restrooms. Unit 706B received a new HVAC and lights in2024. The roof over 706 A&B is 3 years old. This property should be top of mind when looking for a no hassle investment as it is so well maintained!!!

Investment highlights

  • Well-maintained building with quality finishes, ideal for investors seeking a reliable investment.

  • Great for an owner/occupier to have your tenants paying off your investment.

  • Four units occupied by quality tenants ensure a consistent cash flow.

  • Convenient parking near the doors for easy access for tenants and customers.

  • High-quality interior finishes in each unit create a comfortable and stylish working environment.

  • Greenspace courtyard available for tenants' use and enjoyment.

  • Prime location just one block from MercyOne Siouxland Medical Center.

Listing Contacts

MH
IA S68441000, NE 20210155
Keller Williams Siouxland
Listed by Keller Williams Siouxland

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$71,343.00
$5,945.25/mo

Valuation Metrics

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DSCR
8.65%
Cap Rate
8.65%
ROI

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