Sioux Falls Commercial Property For
1000 South Grange Avenue 1201 W 18th Street Sioux Falls, SD 57104
For Sale
$3,200,000
Two-building commercial property with strong revenue potential in Sioux Falls.
Days on Market248
Property Features for 1000 South Grange Avenue 1201 W 18th Street
General Information
- Standard status
- Active
- Property subtype
- Hospitality
Listing Agency:
NAI Sioux Falls
(605) 351-1218
Listed By:
Dale Zomer · License #16458
(605) 351-1218
Source:
Siouxfallscommercial
Added: Nov 21, 2025
Changed: Jul 6
Last Checked: Jul 27 at 6:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Sioux Falls
Investment Insights
Based on property information with market context.
This commercial property in Sioux Falls features two buildings on a 0.80-acre lot. Building 1 was constructed in 1984, while Building 2 was built in 1994 and includes an elevator; Building 1 does not have an elevator. The property has 63 rooms and 47 parking spaces. The zoning is commercial. The real estate taxes are $29,639.04. The property's financial performance includes a 3-year average cap rate of 10% and a 3-year average EBITDA of $321,000. The current revenue from January to June is $345,312. Additional financial metrics include an ADR of $89.99, a GRM of 3.87X, and a REV PAR of $49.08.
Key Highlights
- High 3‑year average Cap Rate: 10%
- Substantial 3‑year average EBITDA: $321,000
- Strong GRM: 3.87X's
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Hotels
FAQs
What type of property is this?
Hotel - Two-building commercial property with strong revenue potential in Sioux Falls.
Where is this hotel located?
The property is located at 1000 South Grange Avenue 1201 W 18th Street Sioux Falls, SD.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: High 3‑year average Cap Rate: 10%; Substantial 3‑year average EBITDA: $321,000; Strong GRM: 3.87X's