Jeremy Dittmer

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505 5th StreetSioux City, IA 51101

Commercial · 84,000 Sq. ft. | 0.34 Acres
$2,500,000 Active

505 5th Street Overview

Time on Site:
364 days
Visits:
42

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. 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.

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505 5th Street Facts & Features

  • Type Commercial
  • Sq. ft. 84,000
  • Price/Sq.ft. $30
  • Lot 0.34 Acres

Details

General

Listing Information

  • Contingency: None

Building Information

  • Year Built: 1919

Business Information

  • Current Use: Business,Office

Location/Region

  • County Or Parish: Iowa

Tax Information

  • Tax Year: 2023

General Information

  • Parcel Number: 894728329003
  • Property Sub Type: Commercial
  • Property Type: Commercial

Interior

Building Interior

  • Building Area Total: 84000

General Information

  • Basement: Yes
  • Stories Total: 8

Exterior

Lot Information

  • Lot Size Acres: 0.34
  • Water Source: City

General Information

  • Sewer: City

505 5th Street Neighborhood

Community

51101 (Sioux City) Demographics

36
Median Age
564
Population Density (per sq. mile)
25%
College Educated
$17,394
Estimated Median Income
36
Estimated Total Home Owners
335
Estimated Total Renters
10% / 90%
Estimated Owner / Renter Divide
1
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

505 5th Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

505 5th Street Market Data

Based on the last 30 days in this zip code

$176,175
Average List Price
$161
Average Price per Square Foot
2
Properties Sold
43
Average Days on Market
6
Properties for Sale
Calculations provided by Reliance Network

505 5th Street History

Date Event Value Agent
6/29/2026Source: Northwest Iowa Regional MLS Price Reduction
$2,500,000 -9.1%
10/9/2025Source: Northwest Iowa Regional MLS Price Reduction
$2,750,000 -21.4%
6/30/2025Source: Northwest Iowa Regional MLS Added to Database
June 30, 2025
Listing provided courtesy of LPT Realty, LLC- MLS# 829318MLS Provider