122 Phillips Ave Sioux Falls, SD 57104
- Retail properties
- 25,080 SF
- 0.30 lot acres
Current Use by Public Records
- Office Elements / Office Furniture Store / Copier Repair Service
- Cresten Capital Holdings / Property Management Company
- Mollison Brand Advocates / Marketing Agency / Business Development Service
- Studio 240 / Photography Studio
- Wonderfully Made Gifting Company / Corporate Gift Supplier / Service Establishment
Property Details for 122 Phillips Ave
- Year built
- 1887
- Lot size
- 0.30 lot acres
- Property size
- 25,080 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional three-story, 25,080 square foot commercial building presents a unique investment opportunity in the heart of Sioux Falls, South Dakota. Located at 122 S Phillips Ave, near the corner of 10th Street and Phillips Avenue, this Class B property boasts a prime location with high foot traffic, ensuring excellent visibility and accessibility. Built in 1887 and renovated in 2002, the building offers a blend of historic charm and modern functionality. The property features one building with multiple tenancies, providing flexibility for various business needs. Currently, one 200 square foot retail space is available. The building encompasses 0.3 acres of land and includes convenient amenities such as elevators. Its zoning designation is DTPUD, allowing for diverse commercial uses. This Minnehaha County property offers unparalleled access to a vibrant downtown area, surrounded by popular retailers, restaurants, coffee shops, and attractions. The building's strategic location ensures maximum exposure and potential for significant return on investment. This is a rare opportunity to acquire a well-maintained, historically significant commercial property in a thriving urban setting.
Value Estimation
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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
- -96.7266
- Latitude
- 43.5465