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Multi-Tenant Office Building
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1500 W 51st St, Sioux Falls, SD 57105

Multi-tenant office property with two vacancies, common-area restrooms, and on-site signage.

Property SizeContact for details
Days on Market145

Property Features for 1500 W 51st St

General Information

Standard status Active
Property subtype Office

Site & Location

Highway Access Yes
Road Access Yes

Amenities

common area restrooms
monument and interior signage

Building Details

Buildings 1
Tenancy Multi
Parking Ratio 4.17 per 1,000 SF
Listing Agency: Bender Commercial
Listed By: Bobbie Tibbetts · License #SD 20333
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 8:45PM

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 office building at 1500 W 51st St in Sioux Falls supports multiple tenancies and currently has two vacancies. Common-area restrooms serve the property, while monument and interior signage provide established identification options for occupants. Parking is allocated at a ratio of 1 space per 240 square feet.

The property is positioned in south Sioux Falls with access to 41st Street, Minnesota Avenue, Western Avenue, and I-229. Its multi-tenant configuration, available space, shared restrooms, signage, and documented parking ratio provide the core physical and operational details for evaluating the building.

Key Highlights

  • Multiple‑tenant office building with two vacancies
  • Parking ratio of 1 space per 240 square feet
  • Common‑area restrooms

Property Analytics

Current Use

Mc Grath Michael ... Physician Neuropsychology Consultants Physician Honeywell HVAC Service Horizon Enterprises Inc Home Appliance Store Elite Solutions Big Box & Wholesale Store

Suggested Use

Top Pick Garden Center HVAC Service Food Market Grocery & Convenience Store Electrical Service Auto Parts Store

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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

960
Businesses Nearby

Demographics for 57105, SD

22,635
Population
10,550
Households
2.1
Avg Household Size
36
Median Age
44%
College-Educated
97%
High-School Grad
7.5 sq mi
ZIP Area
3,018
Density / Sq Mi
$74,066
Median Household Income
$43,271
Median Earnings
$956
Median Rent
$247,900
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 building - Multi-tenant office property with two vacancies, common-area restrooms, and on-site signage.
Where is this office building located?
The property is located at 1500 W 51st St Sioux Falls, SD.
What are key features of this property?
This property features: Multiple‑tenant office building with two vacancies; Parking ratio of 1 space per 240 square feet; Common‑area restrooms
(605) 336-7600 Call to check price and availability
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