1417 Minnesota AveuneSioux Falls, SD 57105

For Sale
$1,550,000

Prime Sioux Falls Medical Office Building & Land

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional one-acre property in Sioux Falls, South Dakota, presents a unique investment opportunity. Located at 1417 S Minnesota Avenue, this site boasts high visibility and accessibility, situated on the west side of Minnesota Avenue between 22nd and 26th Streets, an area with 20,900 daily vehicle count. The property includes a 5,840 square foot main floor medical office building and a 3,463 square foot lower level, currently available for lease at $13.00 per square foot gross plus utilities (main floor) and $8.00 per square foot gross plus utilities (lower level). The asking price for the entire property is $1,550,000. This central location offers excellent access via Minnesota Avenue, 23rd Street, and Spring Avenue. The property's zoning allows for multiple uses, making it ideal for continued operation as a medical office building or redevelopment into a new project. This presents a rare chance to acquire a substantial property in a thriving area of Sioux Falls, offering both immediate income potential and long-term growth opportunities. The property's location within Minnehaha County, zip code 57105, ensures easy access to amenities and a strong local market. This is a turnkey opportunity for an investor seeking a high-traffic location with multiple development options.

Location Insight

City
Sioux Falls
County
Minnehaha
State
South Dakota
Latitude
43.5323743
Longitude
-96.7317326
1417 Minnesota Aveune, Sioux Falls, South Dakota

FAQs

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1417 Minnesota Aveune
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