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Two-Unit Retail Property
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701 & 705 S Minnesota Avenue, Sioux Falls, SD 57104

Two retail units totaling 2,426 SF at 701 & 705 S. Minnesota Avenue in Sioux Falls.

Property Size2,426 SF
Days on Market134

Property Features for 701 & 705 S Minnesota Avenue

General Information

Standard status Active
Size 2,426 SF
Property subtype Retail
Listing Agency: NAI Sioux Falls
Listed By: Bill Connelly · License #SD 14032
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 8:21AM

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 NAI Sioux Falls

Investment Insights

Based on property information with market context.

This for-sale retail property includes two units at 701 and 705 S. Minnesota Avenue, totaling 2,426 SF of retail space. The offering is designed for prospective tenants or buyers seeking a multi-unit retail setup.

Located in Sioux Falls, SD, the property provides a straightforward retail configuration with two street-addressed units on the same site.

Prospective buyers and brokers can review the building’s retail layout and unit configuration to determine fit for end users or redevelopment plans.

Key Highlights

  • Two retail units totaling 2,426 SF at 701 & 705 S. Minnesota Avenue in Sioux Falls
  • Retail building with two separate units

Property Analytics

Current Use

Imperial Group Car Dealership

Suggested Use

Top Pick Dental Office Electrical Service HVAC Service Acupuncture Locksmith Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,920
Businesses Nearby
108k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 54% Shops & Services 43% Hotels & Casinos 2%
Taco Bell Dining
14,635 visits/mo 0.1 miles
MacKenzie River Pizza Co. Dining
13,505 visits/mo 0.5 miles
Starbucks Dining
13,409 visits/mo 0.3 miles
BP Shops & Services
12,371 visits/mo 0.2 miles
Kum & Go Shops & Services
11,589 visits/mo 0.5 miles

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

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Two retail units totaling 2,426 SF at 701 & 705 S. Minnesota Avenue in Sioux Falls.
Where is this retail space located?
The property is located at 701 & 705 S Minnesota Avenue Sioux Falls, SD.
What are key features of this property?
This property features: Two retail units totaling 2,426 SF at 701 & 705 S. Minnesota Avenue in Sioux Falls; Retail building with two separate units
(605) 254-2360 Call to check price and availability
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