707-715 S Minnesota Avenue Sioux Falls, SD 57104

Building Details

Year Built

1990

Listing agency NAI | Sioux Falls m***@naisiouxfalls.com Show Phone

Listed by Marcus Mahlen, CCIM, SIOR Show Phone

Source Naiglobal

Added: Mar 6 Updated: Jul 6 at 11:01AM Checked: Jul 21 at 8:18AM

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Investment Insights

Based on property information with market context.

This retail property, constructed in 1990, is situated on a 0.45-acre lot, equivalent to 19,800 square feet. The property is zoned C-2. Upgrades to the property include updated flooring, ceiling tiles, and lighting. While the property is currently fully leased, Unit 715 is not occupied, presenting an opportunity for an owner occupant. The current tenant for Unit 715 is open to a lease buyout, with the funds potentially available for remodeling or financing equity. Real estate taxes for 2024 are $12,506.64. Contact broker for rent roll.

Key Highlights

• Opportunity for owner occupancy with vacant Unit 715.
• Potential lease buyout funds from current tenant of Unit 715 available for remodeling or financing.
• Updated flooring, ceiling tiles, and lighting offer a modern feel.

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FAQs

What type of property is this?

Retail space - Retail space with owner occupant potential in Sioux Falls.

Where is this retail space located?

The property is located at 707-715 S Minnesota Avenue Sioux Falls, SD.

What is the asking price?

The asking price for this property is $1,818,200.

What are key features of this property?

This property features: Opportunity for owner occupancy with vacant Unit 715.; Potential lease buyout funds from current tenant of Unit 715 available for remodeling or financing.; Updated flooring, ceiling tiles, and lighting offer a modern feel.