335 N Main Ave, Sioux Falls, SD 57104
COMMERCIAL - Sioux Falls, SD
- Added:
- Apr 16, 2026
- Days on Market:
- 51
- Last Refresh:
- Jun 5 at 12:06 am
Property Features for 335 N Main Ave
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- RE6
- Security features
- Security Lighting
- Standard status
- Active
- APN
- 43001
- Size
- 14,368 SF
- Lot size
- 0.44 Acres
Taxes and HOA fees
- Tax Description
- Lots 16A, 17 and Lot 18 Block 12 J L Phillips Addition to the City of Sioux Falls
- Tax Annual Amount
- 21074
Utilities
- Utilities
- Water Available
- Heating system
- Hot Water(Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1892
- Floors in Building
- 3
- Number of units
- 4
- Flooring type
- Tile, Carpet, Wood, Concrete
- Roof type
- Rubber
Listing agent Kevin Kuiper (605) 271-1818
Listing office Bridges Real Estate 5015 S Western Ste 250, Sioux Falls, SD (605) 271-1818
Listing date Apr 16, 2026
Copyright © 2026 Realtor Association of the Sioux Empire MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Historic building built in 1892 with renowned architect Dow Wallace
- Original hardwood floors on the main level include oak, pine, maple, and cherry; main floor features 14‑ft ceilings
- 30 off‑street parking spaces plus a large lot with a treed court area
- Professional offices on the upper two levels; basement has approx. 1,300 SF finished with garden‑level windows
- Central air cooling and hot water heating; roof is rubber
- South‑side elevator provides access to the second and third floor; water available
Overview
Set on a large lot with a treed court area, the property also offers 30 off-street parking spaces. An elevator located on the south side of the building provides access to the second and third floors, supporting day-to-day usability for both staff and visitors. The main floor is presently configured as a portrait studio.
This building offers a compelling option for owner-occupants and investors seeking character-rich office space in a downtown setting. With multiple levels of office use, elevator service, natural light in the lower level, and on-site parking, it can support a range of professional and service-oriented tenants. The main level’s current studio layout also presents an opportunity for customization depending on the operator’s needs.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $301.7k | $21.00 |
| − Vacancy | −$45.3k | −$3.15 |
| EGI | $256.5k | $17.85 |
| − OpEx | −$64.1k | −$4.46 |
| NOI | $192.4k | $13.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Sioux Falls
- County
- Lincoln
- State
- South Dakota
- Longitude
- -96.728719
- Latitude
- 43.551029
