1225 4th St | Sioux City, IA 51101
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1225 4th St
Sioux City, IA 51101
Retail Property For Sale
Executive Summary
Become part of the booming Historic 4th live music scene today! The Marquee and The Green Room are now available for purchase, business only. The Marquee is the premier bar with an emphasis on live music in downtown Sioux City, with a loyal customer base and national, regional, and local acts booked through 2025. As you approach the establishment a warm, inviting glow spills from its windows, opening to a welcoming haven where the hustle of the city feels miles away. A concert-level professional sound & lighting system ensures the sound, look, and feel is top notch. The space is thoughtfully designed with 2 full-service bars providing income every night of the week. The outside beer garden invites friendly conversation whether at a concert or afternoon outing. House of Q, the local favorite BBQ, serves lunch daily. Located directly next door, The Green Room is a laid-back bar/restaurant specializing in handcrafted cocktails. Designed with comfort in mind, The Green Room has a warm fireplace, comfortable sitting areas, a top-notch sound system, and an unrivaled vinyl collection that patrons can play on demand. This space features a compact kitchen that offers comforting bar fare, generating revenue for both bars. Patrons can relax and unwind, hearing the crack of the pool cue while the crackle of their favorite record is playing in the background. Take over the corner of 4th and Floyd - where music is appreciated in its purest form. There is no cap to this business’s earning potential as each space can be rented out for receptions and parties year-round! The buyer would either assume the current lease or negotiate a new lease with LL. Financials and equipment list available.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Storefront
Building Size
12,900 SF
Building Class
C
Year Built
1925
Price
$295,000
Price Per SF
$23
Percent Leased
61%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.80
Lot Size
0.37 AC
Opportunity Zone
Yes
Frontage
PROPERTY TAXES
Parcel Number | 894728433010 | Improvements Assessment | $171,700 |
Land Assessment | $87,700 | Total Assessment | $259,400 |
PROPERTY TAXES
Parcel Number
894728433010
Land Assessment
$87,700
Improvements Assessment
$171,700
Total Assessment
$259,400
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