205 12Th St Sioux Falls, SD 57104
The One2, a new six-story mixed-use building in Sioux Falls, SD, offers exceptional retail space. Three units are available, ranging from 995 to 2,496 square feet, perfect for restaurants or boutiques. Located at 205 E 12th St (cross streets: E 12th St & S 1st Ave), this 2024-built property is just a block from Phillips Avenue, providing easy access to dining, shopping, and entertainment. The building features 231 enclosed parking spaces and elevators, ensuring convenient access for both tenants and customers. This sophisticated development is part of a vibrant downtown area experiencing significant population growth, offering a unique opportunity to establish a business in a high-demand location within Minnehaha County, zip code 57104. The building boasts high-end finishes and is situated amidst a thriving commercial and residential environment. This is an ideal space for businesses seeking a prominent location in a rapidly growing city. The One2 provides a seamless experience for both tenants and their clientele.
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.