101 S Main Ave - Office/Residential FOR SALE


Sioux Falls, SD 57104- Downtown Sioux Falls
$7,250,000 USD
605-376-0127
101 S Main Ave, Sioux Falls, SD for Sale
$7,250,000 USD
Office/Residential - FOR SALE
1/5
null | 6.2% Cap Rate

101 S Main Ave
Sioux Falls, SD 57104
Downtown Sioux Falls


OVERVIEW

Downtown Investment For Sale High-profile location in downtown Sioux Falls on the southwest corner of 9th Street and Main Avenue. Size: Building: 38,535 sqft Land: 0.62 acre Price: $7,250,000 (6.2% cap rate) On-Site Parking: 44 surface parking stalls 14 indoor parking stalls Tenant Mix: Johnson, Janklow & Abdallah Law Firm (1st and 2nd Floors), Two Main Avenue storefront retail tenants (1st Floor), office tenants (3rd Floor), U.S. Public Defenders Office (4th Floor), 13 loft apartments (5th and 6th Floor) – 25 total tenants Area Tenants: Sioux Falls City Hall, Wells Fargo, First Dakota National Bank, Downtown Siouxland Library, Liberty National Bank, Hotel on Phillips, Woodgrain Brewing Co.

FOR SALE DETAILS

PRICE

$7,250,000 USD

PRICE/SF

$149 USD /SF

CAP RATE

6.2%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dillinger Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

6

BUILDING CLASS

B

YEAR BUILT

1916

SPRINKLERS

-

PARKING SPACES

59

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

-

APN/PARCEL ID

42985

ASK ABOUT THIS PROPERTY

Ryan TysdalVan Buskirk CompaniesMore Info
605-376-0127

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Ryan TysdalVan Buskirk CompaniesMore Info
605-376-0127

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.