Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    112 N Phillips Ave Sioux Falls, SD 57104

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $10 SF/Yr ($2,000 /Mo)

    Office/retail space with high traffic and convenient access.

    Property size:
    2,400 SF
    Lot size:
    0.36 Acres

    Property Features for 112 N Phillips Ave

    General Information

    Size
    2,400 SF
    Lot size
    0.36 Acres

    Source: NAI | Sioux Falls Agent Steven Shaykett

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Office/Retail Space Available

    This property offers office and retail opportunities and is available immediately. The suite features a separate entrance to Phillips Avenue. Located on Phillips Avenue, the property benefits from strong pedestrian and vehicle traffic, as well as convenient access to the River Greenway. Limited basement garage and surface parking are available. Rent abatement is offered in exchange for tenant improvements. The property size is 2400 square feet.
    Location Intelligence

    Current Use by Public Records

    Huey Apartments & Huey ... Apartment Building Evangelical Good Samaritan Non-Profit Organization Lori's Apartment Building

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sioux Falls
    County
    Lincoln
    State
    South Dakota
    Longitude
    -96.7263968
    Latitude
    43.5480055

    Nearby Similar for Lease

    • $20 SF/Yr
      3,158 SF

      Turn-Key Office Suites Available

      Class A office spaces in expanding Dawley Farms Village.
      5501-5545 E 18Th St, Sioux Falls, SD 57104
      View Details
    • $25 SF/Yr
      5,977 SF

      Mixed-Use Development in Steel District

      Integrated live, work, play, stay development with office and retail.
      150 E 4 Pl, Sioux Falls, SD
      View Details
    • $25 SF/Yr
      1,108 SF

      Retail Space in Steel District

      Retail space available in a mixed-use development in Sioux Falls.
      151 E 4 Pl, Sioux Falls, SD
      View Details
    • $21 SF/Yr
      907 SF

      Retail Space in Uptown Development

      Retail or office space in a growing downtown area.
      701-721 N Phillips Ave, Sioux Falls, SD 57104
      View Details
    • $18 SF/Yr
      2,949 SF

      Sioux Falls Office Space Available

      Office spaces for lease with abundant natural light and parking.
      3904 W Technology Cir, Sioux Falls, SD 57106
      View Details
    • $18 SF/Yr
      2,817 SF

      Prime Retail Complex Available Now

      Retail suites available in a high-traffic Sioux Falls location.
      4805-4827 S Louise Ave, Sioux Falls, SD 57106
      View Details

    FAQs

    What type of property is this?
    Office space - Office/retail space with high traffic and convenient access.
    Where is this office space located?
    The property is located at 112 N Phillips Ave Sioux Falls, SD.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - Immediate availability for your business needs.; - High-traffic location on Phillips Avenue offering excellent visibility.; - Benefit from a separate entrance to Phillips Avenue.
    (605) 357-7100
    Request Owner's contact information
    112 N Phillips Ave Sioux Falls, SD 57104
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    112 N Phillips Ave
    Sioux Falls, SD 57104
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    112 N Phillips Ave Sioux Falls, SD 57104
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.