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    1120 10Th St Sioux Falls, SD 57103

    For Sale
    $895,000

    1,624 SF Retail/Restaurant, $895,000

    Property size:
    1,624 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1,624-square-foot retail building presents a remarkable investment opportunity in Sioux Falls, South Dakota. Located on the highly visible northwest corner of East 10th Street and South Cliff Avenue, this property benefits from exceptional daily traffic counts: 20,200 vehicles on 10th Street and 14,600 on Cliff Avenue. Situated just half a mile east of downtown, the building offers convenient access and high visibility. Currently configured for pharmacy and general retail use, the space boasts a flexible layout previously occupied by a national pizza chain, making it ideal for a variety of retail or restaurant concepts. The single-story building sits on a spacious 17,464-square-foot lot. This prime location offers strong co-tenancy with established businesses including McDonald's, Burger King, Subway, Little Caesars, Lewis Drug, Drake Springs Family Aquatic Center, and more, ensuring high foot traffic and brand synergy. The asking price is $895,000, translating to $551.11 per square foot. This is a rare opportunity to acquire a well-positioned retail property in a thriving South Dakota market. Don't miss out on this chance to establish your business in a high-traffic, desirable location.

    Property Features for 1120 10Th St

    General Information

    Property type
    Restaurants
    Square Feet
    1,624 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • $895,000 asking price for a 1,624 SF retail building in Sioux Falls, SD.
    • Excellent hard corner location at East 10th Street and South Cliff Avenue, half a mile from Downtown Sioux Falls.
    • Flexible layout suitable for retail or restaurant use; previously occupied by a pharmacy and a national pizza chain.
    • High traffic counts: 20,200 vehicles daily on 10th Street and 14,600 on Cliff Avenue.
    • Strong co‑tenancy including McDonald's, Burger King, Subway, Little Caesars, and other national and local businesses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    True Care Family ... Pharmacy

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Law Firm Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Sioux Falls
    County
    Minnehaha
    State
    South Dakota
    Longitude
    -96.7118166
    Latitude
    43.5469719

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    FAQs

    What type of property is this?
    Restaurant - 1,624 SF Retail/Restaurant, $895,000
    Where is this restaurant located?
    The property is located at 1120 10Th St Sioux Falls, SD.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: $895,000 asking price for a 1,624 SF retail building in Sioux Falls, SD.; Excellent hard corner location at East 10th Street and South Cliff Avenue, half a mile from Downtown Sioux Falls.; Flexible layout suitable for retail or restaurant use; previously occupied by a pharmacy and a national pizza chain.
    Request Owner's contact information
    1120 10Th St Sioux Falls, SD 57103
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    Sioux Falls, SD 57103
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1120 10Th St Sioux Falls, SD 57103
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