Retail Opportunity in Sioux
707-715 S Minnesota Avenue Sioux Falls, SD 57104
For Sale
$1,818,200
Retail space with owner occupant potential in Sioux Falls.
Lot Size0.45 Acres
Days on Market143
Property Features for 707-715 S Minnesota Avenue
General Information
- Standard status
- Active
- Lot size
- 0.45 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1990
Listing Agency:
NAI | Sioux Falls
(605) 228-9744
Listed By:
Marcus Mahlen, CCIM, SIOR
(605) 228-9744
Source:
Naiglobal
Added: Mar 6
Changed: Jul 6
Last Checked: Jul 26 at 4:35AM
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 retail property, constructed in 1990, is situated on a 0.45-acre lot, equivalent to 19,800 square feet. The property is zoned C-2. Upgrades to the property include updated flooring, ceiling tiles, and lighting. While the property is currently fully leased, Unit 715 is not occupied, presenting an opportunity for an owner occupant. The current tenant for Unit 715 is open to a lease buyout, with the funds potentially available for remodeling or financing equity. Real estate taxes for 2024 are $12,506.64. Contact broker for rent roll.
Key Highlights
- Opportunity for owner occupancy with vacant Unit 715.
- Potential lease buyout funds from current tenant of Unit 715 available for remodeling or financing.
- Updated flooring, ceiling tiles, and lighting offer a modern feel.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
Retail space - Retail space with owner occupant potential in Sioux Falls.
Where is this retail space located?
The property is located at 707-715 S Minnesota Avenue Sioux Falls, SD.
What is the asking price?
The asking price for this property is $1,818,200.
What are key features of this property?
This property features: Opportunity for owner occupancy with vacant Unit 715.; Potential lease buyout funds from current tenant of Unit 715 available for remodeling or financing.; Updated flooring, ceiling tiles, and lighting offer a modern feel.
