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Downtown-Adjacent Flex Space
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206/208 N Fairfax Avenue, Sioux Falls, SD 57103

Located near downtown employers, restaurants, services, and major Sioux Falls redevelopment areas.

Space Size5,394 SF
Days on Market69

Property Features for 206/208 N Fairfax Avenue

General Information

Standard status Active
Size 5,394 SF
Class C
Property subtype Retail, Office, Industrial

Building Details

Building Size 5,394 SF
Year Built 1946
Tenancy Single

Spaces For Lease

at 206/208 N Fairfax Avenue Contact us

#1

Size
5,394 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Lloyd Companies
Listed By: Scott Blount · License #SD 11915
Source: Crexi
Added: Jul 1 Changed: Sep 2 Last Checked: Sep 7 at 3:33AM

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 Lloyd Companies

Investment Insights

Based on property information with market context.

This flex space property comprises the buildings at 206/208 N. Fairfax Avenue, constructed in 1946. The asset is positioned just east of downtown Sioux Falls near the 8th & Fairfax corridor, with connections to Cliff Avenue and 10th Street.

The property is close to Falls Park, Jacobson Plaza, The Steel District, and Cherapa Place. Its setting also places the space near downtown employers, restaurants, and services, with access across the Sioux Falls metro.

Key Highlights

  • Flex space at 206/208 N. Fairfax Avenue
  • Constructed in 1946
  • Near Sioux Falls’ 8th & Fairfax corridor

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Acupuncture Carpet & Flooring Store Nursing Home Pet Grooming 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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,248
Businesses Nearby
Balanced
Demand for This Use

Demographics for 57103, SD

36,069
Population
15,326
Households
2.4
Avg Household Size
37
Median Age
33%
College-Educated
91%
High-School Grad
9.5 sq mi
ZIP Area
3,797
Density / Sq Mi
$73,945
Median Household Income
$43,661
Median Earnings
$938
Median Rent
$244,800
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Similar Off Market Nearby

  • Myers' Elite Catering 221 S Phillips Ave, Sioux Falls, SD 57104
  • Vespa Catering 322 E 8th St, Sioux Falls, SD 57103
  • En Place Catering 818 E 8th St Ste 3, Sioux Falls, SD 57103

Frequently Asked Questions

What type of property is this?
Flex space - Located near downtown employers, restaurants, services, and major Sioux Falls redevelopment areas.
Where is this flex space located?
The property is located at 206/208 N Fairfax Avenue Sioux Falls, SD.
What are key features of this property?
This property features: Flex space at 206/208 N. Fairfax Avenue; Constructed in 1946; Near Sioux Falls’ 8th & Fairfax corridor
(605) 231-1882 Call to check price and availability
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