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201 1st St 4,800 SF 69% Leased Office Building Sergeant Bluff, IA 51054 $350,000 ($72.92/SF)
Executive Summary
Retail/Office Condominium Near I-29 – High-Visibility Location At the entrance to Sergeant Bluff just off I-29 (Exit 141), this 4,800 SF retail/office building offers exceptional visibility, flexible space options, and stable income from an established national tenant.
Built in 1986, the property is 31% occupied by a national company with a 5-year lease beginning July 2025, with three additional 5- year extension options, providing immediate investment income.
The remaining 3,300 SF of space presents multiple opportunities: operate your business as an owner-occupant, lease out the currently subdivided suites, or configure the space to meet a wide range of retail or professional needs.
With its strategic location and versatile layout, this property is ideal for investors or owner-users seeking a well-positioned asset in a growing commercial corridor.
Built in 1986, the property is 31% occupied by a national company with a 5-year lease beginning July 2025, with three additional 5- year extension options, providing immediate investment income.
The remaining 3,300 SF of space presents multiple opportunities: operate your business as an owner-occupant, lease out the currently subdivided suites, or configure the space to meet a wide range of retail or professional needs.
With its strategic location and versatile layout, this property is ideal for investors or owner-users seeking a well-positioned asset in a growing commercial corridor.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
4,800 SF
Building Class
C
Year Built
1986
Price
$350,000
Price Per SF
$72.92
Percent Leased
69%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,800 SF
Building FAR
0.69
Lot Size
0.16 AC
Zoning
C
Parking
12 Spaces (2.5 Spaces per 1,000 SF Leased)
1 1
Property Taxes
| Parcel Number | 884731127033 | Improvements Assessment | $285,290 |
| Land Assessment | $13,090 | Total Assessment | $298,380 |
Property Taxes
Parcel Number
884731127033
Land Assessment
$13,090
Improvements Assessment
$285,290
Total Assessment
$298,380
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201 1st St
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