Search
Historic Brick Flex Industrial Building
For Lease
Contact for pricing

114 S Reid St, Sioux Falls, SD 57103

Stand-alone 1910 building with 2-foot thick brick exterior walls and a second floor for potential retail or office space.

Space Size3,109 SF
Days on Market765

Property Features for 114 S Reid St

General Information

Standard status Active
Size 3,109 SF
Property subtype INDUSTRIAL
Lease Type NNN

Building Details

Year Built 1910
Stories 2
Construction brick

Spaces For Lease

at 114 S Reid St Contact us

114 S Reid St $19.30/SF/Yr

Floor
Bldg
Size
3,109 SF
Type
INDUSTRIAL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
-Exciting opportunity to buy or lease a stand-alone building just south of 8th &...
show more
Contact us
Listing Agency: Bender Commercial
Listed By: Nick Gustafson · License #12071
Source: Moodyscre
Added: Aug 23, 2024 Changed: Sep 11 Last Checked: Sep 24 at 12:45PM

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 Bender Commercial

Investment Insights

Based on property information with market context.

This stand-alone building was originally constructed in 1910 as a locomotive boiler repair facility and features 2-foot thick brick exterior walls. The existing shell includes a second floor (not included in the stated square footage) that may be suitable for living space or retail/office use, supported by exceptional side wall height.

The property is located just south of 8th & Railroad and the Lumber Exchange Building. It also sits just west of a planned railyard site development and south of the announced Riverline District.

The ownership group is open to redevelopment conversations, and the landlord may provide a negotiable build-out allowance, depending on the proposed use and scope.

Key Highlights

  • Stand‑alone building originally constructed as a locomotive boiler repair facility in 1910
  • 2‑foot thick brick exterior walls
  • Second floor available for potential retail or office use (not included in stated SF)

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Dental Office Building Supply Garden Center Storage Facility Skin Care Clinic Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,684
Businesses Nearby
Balanced
Demand for This Use

Demographics for 57103, SD

36,069
Population
15,326
Households
2.4
Avg Household Size
37
Median Age
33%
College-Educated
91%
High-School Grad
9.5 sq mi
ZIP Area
3,797
Density / Sq Mi
$73,945
Median Household Income
$43,661
Median Earnings
$938
Median Rent
$244,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Myers' Elite Catering — 221 S Phillips Ave, Sioux Falls, SD 57104
  • Vespa Catering — 322 E 8th St, Sioux Falls, SD 57103
  • En Place Catering — 818 E 8th St Ste 3, Sioux Falls, SD 57103
  • CBM Correctional Food Services — 500 N Minnesota Ave, Sioux Falls, SD 57104

Frequently Asked Questions

What type of property is this?
Flex space - Stand-alone 1910 building with 2-foot thick brick exterior walls and a second floor for potential retail or office space.
Where is this flex space located?
The property is located at 114 S Reid St Sioux Falls, SD.
What is the lease rate?
The lease rate is $19.30 SF/Yr.
What are key features of this property?
This property features: Stand‑alone building originally constructed as a locomotive boiler repair facility in 1910; 2‑foot thick brick exterior walls; Second floor available for potential retail or office use (not included in stated SF)
(605) 201-2809 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message