Sioux City, Ripe for conversion to lofts using historic tax
1200 4th St, Sioux City, IA
Ripe for conversion to lofts using historic tax credits. The main building is a solid structure as it was originally built as a multi-floor car dealership, full of windows on the south and west sides. It has three 11,200 sf floors with a dock and working freight elevator plus a full basement that could potentially be converted to underground parking. The first floor is currently used as a showroom and half of the second floor is corporate offices. The rest of the property is used for warehouse. The adjacent connected one story building was built in late 1800's and includes a dock and two inactive freight elevators. Includes full 1/4 block parking lot fronting Historic 4th worth $300,000 alone. Next to the re-developed Heidman Law Firm, new Urbane 1220 Lofts and Ave Medical Spa/FEH Architects, this corner is prime for development. Located in a Federal Opportunity Zone. Ho-Chunk paid $26 psf to Aalfs for 4 buildings on Historic 4th. Ceiling Heights: 9'9" Basement: 12' Main, 10'6" 2nd, 12' 3rd. Inside to inside column spacing on 3rd is 16â8â east-west and 18â north-south.
Commercial & Office Space for Rent
11,200 sq. ft.