2519 Shirley AveSioux Falls, SD 57106

For Sale
$1,450,000

Prime Owner-User Warehouse, $1.45M

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 11,105 square foot industrial property in Sioux Falls, South Dakota, presents a unique owner-user opportunity. Located within the thriving Meadows on the River development, this 2003-built warehouse boasts a 20'6" clear height, multiple Reznor heaters, and 14' garage doors. Suite 2519 offers a showroom, large warehouse area, office space, and restroom. The property includes approximately 64 parking spaces, with a new parking lot scheduled for completion in July 2024. This multi-tenant building is zoned C-4 Commercial Regional and is currently offered for sale by owner with a NNN lease in place for a portion of the space, offering potential rental income. The property's strategic location provides easy access to I-29 and is surrounded by numerous businesses, including Sturdevant's Auto Parts, Shahi India Grill, Morrie's Steakhouse, and major retailers like The Home Depot, Menards, and Sam's Club. The asking price is $1,450,000, with a price per square foot of $130.57. The current lease has a remaining term of approximately 2.8 years, commencing September 1, 2024, and expiring August 31, 2027. This presents a compelling investment opportunity for a business seeking both occupancy and rental income in a high-demand location. The property is situated at 2519 S Shirley Ave, Sioux Falls, SD 57106.

Highlights

  • 6,500+ SF owner-occupied warehouse/retail space in Sioux Falls' Meadows on the River development.
  • Suite 2519 includes showroom, large warehouse, office, and restroom.
  • Warehouse features 20'6" clear height, multiple Reznor heaters, and 14' garage doors.
  • Approx. 64 on-site parking spaces; new parking lot completed July 2024.
  • Excellent location near The Empire Mall, I-29, and numerous restaurants and businesses.
  • Strong tenant base in Meadows on the River, anchored by The Home Depot, Menards, and Sam's Club.

Property Details for 2519 Shirley Ave

Property type
Other warehouses, Other industrial properties
Square Feet
11,105 SF
Year Built
2003
Buildings
1

Location Insight

City
Sioux Falls
County
Minnehaha
State
South Dakota
Latitude
43.522431016787
Longitude
-96.777383810456
2519 Shirley Ave, Sioux Falls, South Dakota

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2519 Shirley Ave
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