700 Jackson St - Medical FOR SALE


Sioux City, IA 51105
$825,000 USD
712-226-1900
700 Jackson St, Sioux City, IA for Sale
$825,000 USD
Medical - FOR SALE
1/55
null | 8.65% Cap Rate

700 Jackson St
Sioux City, IA 51105


HIGHLIGHTS

  • 4 units filled with quality tenants ensured a steady cashflow
  • Greenspace courtyard for the tenants use and enjoyment
  • Own a property that combines functionality, convenience, and aesthetic appeal 1 block from MercyOne Siouxland Medical Center

OVERVIEW

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!!!

FOR SALE DETAILS

PRICE

$825,000 USD

PRICE/SF

$116 USD /SF

CAP RATE

8.65%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

GC

APN/PARCEL ID

894728185002

ASK ABOUT THIS PROPERTY

Mark HansonKW Commercial SiouxlandMore Info
712-226-1900

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Mark HansonKW Commercial SiouxlandMore Info
712-226-1900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.