For Lease
$14.50-$23.50 /SF/YR

401 Phillips Ave Sioux Falls, SD 57104

Historic building, prime location, 7,500 sq ft available

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 15,000 square foot mixed-use building, originally constructed in 1903 using native Sioux Quartzite, presents a rare redevelopment opportunity in the heart of Sioux Falls, South Dakota. Located at 401 N. Phillips Ave, this property boasts a rich history as a four-story grocery warehouse. Currently undergoing renovation, the main floor offers 7,500 square feet of adaptable office space, perfect for executive, traditional, or creative office uses. The building's prime location places it at the center of Sioux Falls' revitalized 6th Street district, near significant landmarks such as the $21 million Unity Bridge, Cherapa Place, Steel District, Levitt Bandshell, Startup Sioux Falls, Jones 421, Jacobson Plaza, and Falls Park. This is one of the last remaining redevelopment opportunities on Phillips Avenue, offering businesses a chance to be part of a thriving, dynamic urban environment. The building is situated in Minnehaha County, South Dakota, and features multiple tenancy options. This is an unparalleled chance to establish a presence in a rapidly growing and highly desirable area.

Property Details for 401 Phillips Ave

Property type
Retail properties, Office properties
RSF (Rentable sq. ft)
15,000 SF
Year Built
1903

Unit(s) available at that property

Space
Garden Level
Size
7,500 SF
Rate per SF
$14.50
Space
1st Floor
Size
7,500 SF
Rate per SF
$23.50

Location Insight

City
Sioux Falls
County
Minnehaha
State
South Dakota
Latitude
43.5513947
Longitude
-96.7272062

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FAQs

What type of property is this?
Retail property - Historic building, prime location, 7,500 sq ft available
Where is the retail property located?
The property is located at 401 Phillips Ave Sioux Falls, SD.
What is the lease rate?
The lease rate is $14.50-$23.50 /SF/YR.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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Contacts

Ron Nelson
Ron Nelson
Nicole Daggett
Nicole Daggett
Visit Broker Website

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Useful Information

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Phillips Ave
Sioux Falls, SD 57104

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Phillips Ave
Sioux Falls, SD 57104

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Disclaimer

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.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

401 Phillips Ave
  • Ron Nelson
    Ron Nelson
  • Nicole Daggett
    Nicole Daggett
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