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For sale
Office Units
SD
Sioux Falls
3205 S Meadow Ave

Accessible Office Condo For Sale

3205 S Meadow Ave, Sioux Falls, SD

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For Sale

Contact for pricing

Office condo near 41st St and I-29 with ample storage.

Type:OFFICE

Property size:

4,400 SF

Lot size:

0.50 Acres

Price / SF:

$150/SF

HighLights

Easily accessible location near 41st St and I‑29.
6,600 SF total gross building area across three levels.
Main level features a lobby, reception area, four offices, conference room, breakroom with full kitchen, and two private bathrooms.
Upper level includes open area, six offices, bonus room, two bathrooms, shower, and additional kitchen with washer and dryer.
Lower level provides ample heated storage, multiple rooms, and plenty of lighting.
Proximity to numerous businesses, including restaurants and the Empire Mall.

We can help!

Contact an agent

Isaac Jorgensen

For Sale

Contact for pricing

Office condo near 41st St and I-29 with ample storage.

Type:OFFICE

Property size:

4,400 SF

Lot size:

0.50 Acres

Price / SF:

$150/SF

Added:: May 26, 2025
Days on Market:: 406
Last Refresh:: May 19 at 10:29 pm

Property Features for 3205 S Meadow Ave

General Information

Standard status: Active
Size: 4,400 SF
Lot size: 0.50 Acres
Property subtype: OFFICE

Properties For Sale

at 3205 S Meadow Ave Contact us

We can help!

Contact an agent

Isaac Jorgensen

Listing office Bender Commercial

Listing date May 26, 2025

Source Moodyscre

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

HighLights

Easily accessible location near 41st St and I‑29.
6,600 SF total gross building area across three levels.
Main level features a lobby, reception area, four offices, conference room, breakroom with full kitchen, and two private bathrooms.
Upper level includes open area, six offices, bonus room, two bathrooms, shower, and additional kitchen with washer and dryer.
Lower level provides ample heated storage, multiple rooms, and plenty of lighting.
Proximity to numerous businesses, including restaurants and the Empire Mall.

Overview

This easily accessible office condo is located just west of 41st Street and I-29. The building features three levels, totaling 6,600 square feet of gross building area, with each level offering 2,200 square feet. The main level includes a lobby, reception area, four offices, a conference room, a breakroom with a full kitchen, and two private bathrooms. The upper level features an open area, six offices, one bonus room, two bathrooms, a shower, and an additional kitchen area equipped with a full-size washer and dryer. The lower level provides ample heated storage, multiple rooms, and plenty of lighting. Neighboring businesses include IHOP, Circle K, Perkins, Chick-fil-A, Chipotle, Crumbl, and the Empire Mall.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$92.4k	$21.00
− Vacancy	−$13.9k	−$3.15
EGI	$78.5k	$17.85
− OpEx	−$19.6k	−$4.46
NOI	$58.9k	$13.39

4,400 SF · lease $21.00/SF/yr · vacancy 15.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$841.5K

$736.3K – $981.8K (±1% cap)

NOI $58,905 @ 7.0% cap · market cap 8.92%

Second Best

—

no second resolved use

Theoretical Best

Office A

$1.19M

$1.05M – $1.39M (±1% cap)

NOI $83,635 @ 7.0% cap · market cap 12.67%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Apple Tree Children's ... High School Emergency Medical Services Public Health Department Van Peursem CPA Accounting Firm

Suggested Use

Location Insight

Map
Local Demand

City: Sioux Falls
County: Lincoln
State: South Dakota
Longitude: -96.7836
Latitude: 43.5155

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For sale
Office Units
SD
Sioux Falls
3205 S Meadow Ave

What type of property is this?

Office units - Office condo near 41st St and I-29 with ample storage.

Where is this office units located?

The property is located at 3205 S Meadow Ave Sioux Falls, SD.

What is the asking price?

The asking price for this property is $660,000.

What are key features of this property?

This property features: Easily accessible location near 41st St and I‑29.; 6,600 SF total gross building area across three levels.; Main level features a lobby, reception area, four offices, conference room, breakroom with full kitchen, and two private bathrooms.

3205 S Meadow Ave, Sioux Falls, SD

Office condo near 41st St and I-29 with ample storage.

Property Features for 3205 S Meadow Ave

General Information

Properties For Sale

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Historic Office Building with Elevator

Executive Office Overlooking Golf Course

Four-Plex Townhome-Style Rental

Commercial Garage with Overhead Door

Fourplex with Detached Garages

Well-Maintained 4-Plex Property

Sioux Falls 6-Plex Investment

Furnished Triplex in Sioux Falls

Triplex with Two Vacant Units

Triplex with Updated Systems

Drive-Thru Restaurant and Retail Buildings

Duplex with Separate Utilities

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