4009 49Th St Sioux Falls, SD 57106

Property Details for 4009 49Th St

Year built

1988

Construction

STEEL FRAME

Lot size

2.33 lot acres

Property size

39,720 SF

Property type

Office buildings

APN

56917

APU

56917

Description

This exceptional three-story, 40,451 square foot office building, constructed in 1988, presents a compelling investment opportunity in Sioux Falls, South Dakota. Located at 4009 W 49th St, 57106, this multi-tenant property boasts a strong tenant mix and sits on a 2.33-acre lot (101,495+/- sq ft). The asking price is $5,300,000, translating to $131.02 per square foot. The building features 140 on-site parking spaces, including a heated garage/storage area, and benefits from excellent visibility with monument signage. Its strategic location near the corner of 49th and Valhalla Blvd provides exceptional access to I-29 and I-229, placing it within easy reach of major transportation arteries. The property enjoys a high-traffic location, with an estimated 11,200 vehicles per day on 49th Street, and is directly across from The Empire Mall, ensuring high visibility and foot traffic. Nearby amenities include Hy-Vee, Plains Commerce Bank, and numerous restaurants and retail establishments. The building is equipped with an elevator and a fire suppression system, and is zoned C-3/Community Retail Employment. This fully leased asset offers a stable income stream and significant potential for future appreciation in a thriving commercial area.

Location Insight

City

Sioux Falls

County

Minnehaha

State

South Dakota

Longitude

-96.7748

Latitude

43.5071

CBSA code

43620

CBSA name

SIOUX FALLS, SD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments