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Former Bank Office Suite
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1800 W 12th St, Sioux Falls, SD 57104

Former bank office offering private offices and potential subdivision into two suites, with 71-space parking.

Property Size11,285 SF
Days on Market182

Property Features for 1800 W 12th St

General Information

Standard status Active
Size 11,285 SF
Total Parking Spaces 71
Property subtype OFFICE
Lease Type SF/yr

Additional Details

Traffic Count 30,900 vehicles/day
Listing Agency: Bender Commercial
Listed By: Reggie Kuipers · License #13791
Source: Moodyscre
Added: Jan 30 Changed: Jul 26 Last Checked: Jul 30 at 11:03AM

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 former bank office features private offices and is well suited for professional or non-profit office use. The space includes the option to be subdivided to create two separate suites, supporting flexible occupancy needs. Monument signage is also available to help identify the building from the street, and the property has a dedicated parking area totaling 71 spaces.

The building is located on a highly visible intersection at W 12th St and Western Avenue. The combined traffic count is listed at 30,900 vehicles per day. Neighboring businesses include Fryin’ Pan Family Restaurant, Advanced Moving, Taco John’s, Enterprise Rent-a-Car, Scooter’s Coffee, Signarama, and Select Painting.

Key Highlights

  • Former bank office with private offices, offering flexible workspace for professional or non‑profit use.
  • Potential to subdivide the space into two suites.
  • Large monument signage for prominent street presence.

Property Analytics

Current Use

U.S. Bank Branch Bank Call to Freedom Charitable Organization US Bank Mortgage Loan Service U.S. Bank ATM Atm

Suggested Use

Top Pick Dental Office Skin Care Clinic Electrical Service (Bike/Boat/Book/etc) Store Parking Lot & Garage Carpet & Flooring 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

30,900 VPD
Traffic count
NNN (Triple Net)
Lease Type
$1.46 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,162
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

Lease Benchmarks for Sioux Falls, SD

$14.94 /SF/Yr
Avg Asking Price
$7–$27 /SF/Yr
Price Range
5,422 SF
Avg Space Size

This space is priced 35% below the average of $14.94 /SF/Yr.

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Former bank office offering private offices and potential subdivision into two suites, with 71-space parking.
Where is this office units located?
The property is located at 1800 W 12th St Sioux Falls, SD.
What is the lease rate?
The lease rate is $9.75 SF/Yr.
What are key features of this property?
This property features: Former bank office with private offices, offering flexible workspace for professional or non‑profit use.; Potential to subdivide the space into two suites.; Large monument signage for prominent street presence.
(605) 496-2966 Call to check price and availability
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