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Office Suite with Reception and Six Offices
For Sale
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120 S Indiana Ave, Sioux Falls, SD 57104

COMMERCIAL - Sioux Falls, SD

Property Size1,683 SF
Lot Size0.14 Acres
Price / SF$0.77
Days on Market61

Property Features for 120 S Indiana Ave

General Information

Property type Commercial Sale
Property subtype Office
Zoning office
Subdivision Paulton Addn
Directions E 10th St - NE corner of E 10th St & Indiana Ave
Standard status Active
APN 41956
Lot size 0.14 Acres

Taxes and HOA fees

Tax Description W 14 Lot 23 & E 30 Lot 24 Block 2 Paulton Addn to City of Sioux Falls
Legal Description W 14 Lot 23 & E 30 Lot 24 Block 2 Paulton Addn to City of Sioux Falls

Utilities

Utilities Water Available
Heating system Central
Cooling system Central Air

Building Details

Year built 1959
Floors in Building 1
Flooring type Vinyl, Carpet
Building materials Frame
Roof type Tar/Gravel
Listing Agency: Keller Williams Realty Sioux Falls
Listed By: Larry Luetke · License #12096
Added: Jun 12 Changed: Aug 11 Last Checked: Aug 11 at 6:06PM
MLS# 22604344

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.

Investment Insights

Based on property information with market context.

This office suite features a large reception area plus six offices and a large open space for flexible use. Shared bathrooms are available for the suite. Interior finishes include vinyl and carpet floors. The building is frame construction with a tar/gravel roof and central heating and central air.

Set on a 0.1394-acre lot, the property is zoned office and built in 1959. The reported lease structure is gross plus utilities.

With its mix of private offices and open space, the layout is well suited for professional service teams needing both client-facing and work-area space within a single suite.

Key Highlights

  • 1,683 SF office suite with large reception area and large open space
  • Six office rooms plus additional open space
  • Shared bathrooms

Property Analytics

Current Use

Experience Works Employment Agency UMOS Inc Social Service Agency Redemption Technology Charitable Organization

Suggested Use

Top Pick Dental Office Auto Parts Store Garden Center Electrical Service Skin Care Clinic HVAC 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.

Location Intelligence

Trade Area within ½ mile

1,970
Businesses Nearby

Demographics for 57104, SD

26,998
Population
13,952
Households
1.9
Avg Household Size
37
Median Age
25%
College-Educated
90%
High-School Grad
30.4 sq mi
ZIP Area
888
Density / Sq Mi
$59,161
Median Household Income
$39,101
Median Earnings
$849
Median Rent
$183,700
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office suite with a large reception area, six offices, and shared bathrooms, served by central heating and central air.
Where is this office units located?
The property is located at 120 S Indiana Ave Sioux Falls, SD.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: 1,683 SF office suite with large reception area and large open space; Six office rooms plus additional open space; Shared bathrooms
More about this property
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