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This exceptional 6,092 square foot medical office building, situated at 208 W 37th St in Sioux Falls, South Dakota, presents a unique investment opportunity. Built in 1993 and boasting a spacious 25,320 square foot lot, the property features a well-designed layout ideal for a variety of medical or traditional office uses. The main level encompasses 4,743 square feet, including a reception/waiting area, eleven exam rooms, two private offices, an X-ray room, work areas, and a breakroom. The lower level, spanning 1,349 square feet, offers a locker room, restroom with shower, meeting room, laundry facilities, and ample storage. A significant advantage is the new parking lot completed in 2023, providing 28 parking spaces—a ratio of one space per 218 square feet. The roof was also replaced in 2014. The existing general casework and exam room furniture is negotiable. The property's convenient location, just two blocks from Minnesota Avenue, places it near several established businesses including HyVee, Hardee's, Culver's, and Lewis Drug. The asking price is $1,400,000. The seller is open to a sale-leaseback arrangement. Please note that the property may be subject to deed restrictions and is projected to be available in the fourth quarter of 2025. Further details regarding the sale-leaseback option and deed restrictions are available upon request.
Highlights
6,092 SF medical office building in Sioux Falls, SD, on a 25,320 SF lot.
Main level features 4,743 SF with 11 exam rooms, private offices, and support spaces.
Lower level offers 1,349 SF of additional space including a locker room, meeting room, and storage.
New parking lot (28 spaces) completed in 2023; roof replaced in 2014.
$1,400,000 asking price; seller open to sale-leaseback; available Q4 2025.
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
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