W. 7th Corridor - Professional Office Building

219 W. 7th Street Sioux City, IA 51103

219 W. 7th Street, Sioux City, IA, 51103
219 W. 7th Street, Sioux City, IA, 51103 219 W. 7th Street, Sioux City, IA, 51103
FOR SALE
Property Type:
Single Tenant Office
Amount:
$695,000
Last Verified:
Oct 15, 2024

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Description

Main floor consists of large reception area, full break room, three (3) private offices, large training room, and over 2,000 SF of heated shop/garage space with floor drain and 10' x 10' OH door. Second floor is comprised of five (5) private offices, large theater room, full gym/workout facility and shower facility. Third floor is beautifully finished with a huge flex area, large conference room, 12 private offices, and full kitchen. Each floor is equipped with M/F restrooms and there is an operational, 3,000 LB certified freight elevator.

Located on W. 7th & Bluff Street


Year Built: 1928
Building Size: 19800sq ft
Building Class: B
Lot Size: 0.15 acres


Documents

W. 7th Corridor - Professional Office Building

Map of 219 W. 7th Street, Sioux City, IA, 51103

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.