Current Use by Public Records
- Family Dollar / Discount Store
Property Details for 2511 Minnesota Ave
- Year built
- 1951
- Property type
- Neighborhood centers
- Property subtype
- Retail properties & Spaces
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sioux Falls
- County
- Minnehaha
- State
- South Dakota
- Longitude
- -96.732
- Latitude
- 43.5213
