2511 Minnesota Ave Sioux Falls, SD 57105
This exceptional 10,159-square-foot retail property, located at 2511 S. Minnesota Avenue in Sioux Falls, South Dakota, presents a unique investment opportunity. Situated on a 1.1-acre lot, this single-story, single-tenant building boasts a Class C designation and offers significant potential for a variety of retail uses. Constructed in 1951 and extensively renovated in 2019, the property is in excellent condition and ready for immediate occupancy. The entire 10,159 square feet is currently vacant, providing a blank canvas for a new tenant. The building features 600 amp, 3-phase power, making it suitable for businesses with substantial energy needs. Zoned C-3, this property benefits from its prominent location in Minnehaha County, within the 57105 zip code. The absence of elevators is noted, reflecting the single-story design. This property is an ideal choice for businesses seeking a well-maintained, spacious retail space in a thriving South Dakota market. Its size, location, and recent renovations make it a highly attractive proposition for discerning investors and entrepreneurs. The property's ample lot size also offers potential for future expansion or outdoor amenities. This is a rare opportunity to acquire a fully vacant, extensively renovated retail space in a desirable location.
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Family Dollar Discount Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.