2524 Minnesota AveSioux Falls, SD 57105

For Sale
$750,000

High-traffic lot, office space included.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional commercial property, located at 2524 S Minnesota Ave in Sioux Falls, South Dakota, presents a unique investment opportunity. Currently operating as an auto dealership, this property boasts excellent visibility and high traffic counts due to its prime corner location at the intersection of 34th and Minnesota Avenue. The expansive 28,463 square foot asphalt double lot comfortably accommodates 70+ vehicles, enhanced by a large monument sign on Minnesota Avenue and additional digital signage. The property includes a well-maintained 1,092 square foot office building, renovated in 2005, featuring an open work area, a private office, a kitchenette, and a bathroom. Built in 1974, the building offers ample space for administrative functions. The lots extend from Minnesota Avenue to Dakota Avenue, providing multiple convenient access points. The asking price is $750,000, with a current lease price of $4,000 per month. This property is ideal for an established or emerging auto dealership seeking a high-visibility location with significant parking and office space. The property's size and location make it a compelling investment in a thriving South Dakota market. The zip code is 57105, and the property is situated in Minnehaha County.

Highlights

  • Auto dealership lot with office space.
  • 1,092 square feet of office space.
  • 28,463 square feet asphalt paved double lot.
  • $4,000 monthly lease rate.
  • $750,000 purchase price.
  • High-traffic location on Minnesota Avenue.

Property Details for 2524 Minnesota Ave

Property type
Other specialty properties, Other retail properties
Square Feet
1,092 SF
Year Built/Renovated
1974/2005

Location Insight

City
Sioux Falls
County
Minnehaha
State
South Dakota
Latitude
43.5210526
Longitude
-96.7306686
2524 Minnesota Ave, Sioux Falls, South Dakota

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2524 Minnesota Ave
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