114 Reid St Sioux Falls, SD 57103

Property Details for 114 Reid St

Year built

1910

Construction

TYPE NOT SPECIFIED

Lot size

0.37 lot acres

Property size

3,049 SF

Zone code

FP;FP

Property type

Warehouses

APN

53856

APU

53856

Description

This exceptional 3,109-square-foot flex space, located in Minnehaha County, presents a unique investment opportunity. Originally built in 1910 as a locomotive boiler repair facility, the building boasts impressive 2-inch thick brick exterior walls, showcasing its historical character. The single-tenant property is zoned DTPUD, offering versatility for various uses and redevelopment potential. The building's unique design and prime location just south of 8th & Railroad and the Lumber Exchange Building, and west of a planned railyard site development, and south of the announced Riverline District, make it an attractive proposition. While the listed square footage is 3,109, a second floor exists (not included in the square footage) offering additional space for potential living space, retail, or office use, although the side wall height may present limitations. The property is currently vacant and ready for immediate occupancy. A negotiable build-out allowance may be available, and the ownership group is open to discussing redevelopment options, making this a highly adaptable space for a discerning tenant. This is a rare chance to acquire a piece of history with significant future potential.

Location Insight

City

Sioux Falls

County

Minnehaha

State

South Dakota

Longitude

-96.7221

Latitude

43.5466

CBSA code

43620

CBSA name

SIOUX FALLS, SD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments