505 5th Street Sioux City, IA 51101
Other
MLS #: 829318
Courtesy Of LPT Realty, LLC
Property InformationDescription
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...
Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Floors: 8
- Legal Description: SIOUX CITY EAST LOTS 5 & 6 BLK 10
- MLSID: 829318
MAP & DIRECTIONS
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