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 Siouxfallscommercial

Added: Mar 6 Updated: Jul 6 at 10:42AM Checked: Jul 21 at 6:26AM

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Investment Insights

Based on property information with market context.

This retail space, built in 1990, offers an opportunity for owner occupancy. Situated on a 0.45-acre lot (19,800 square feet), the property is currently fully leased, but Unit 715 is not occupied. The current tenant for Unit 715 is interested in completing a lease buyout, with funds potentially available for remodeling or equity for financing. Upgrades include updated flooring, ceiling tiles, and lighting. The property is zoned C-2. Real estate taxes for 2024 are $12,506.64.

Key Highlights

• Opportunity for owner occupant 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.

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FAQs

What type of property is this?

Retail space - Retail space for sale with owner occupancy potential.

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 occupant 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.