304 37th St, Sioux Falls, SD 57105-5706
This free-standing office building, located in central Sioux Falls at 304 W 37th St, presents a fantastic investment opportunity. The 1,528 square foot building sits on a 6,540 square foot lot and is zoned C-1 Low Density Commercial. The main level features a spacious work area, three private offices, a breakroom, and an ADA-compliant restroom. Recent updates include new siding (2021), electrical system (2011), plumbing (2018), and refinished hardwood floors (2018). The upper level provides additional storage or office space with a second restroom, while the unfinished lower level offers ample storage. Convenient on-site parking is available. This property enjoys a prime location, just one block from Minnesota Avenue, surrounded by established businesses including Hy-Vee, Norberg Paint, Hardee's, Sherwin-Williams Paint, Dareo's Pizza, Dakota Dental, Poppadox, Culver's, and Lewis Drug. The asking price is $315,000, translating to $206.15 per square foot. This well-maintained building offers a blend of modern updates and functional space, making it ideal for a variety of commercial uses. The property's strong location and recent renovations make it a compelling investment prospect in a thriving Sioux Falls neighborhood.
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Sioux Falls Networks & Communications Computer & Electronic Repair
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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