For Sale
$1,200,000

114 Reid St Sioux Falls, SD 57103

Historic Flex Space, Prime Location

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 3,109 square foot flex space, situated at 114 S Reid St in Sioux Falls, South Dakota, presents a unique investment opportunity. Originally constructed in 1910 as a locomotive boiler repair facility, this stand-alone building boasts impressive 2-inch thick brick exterior walls, showcasing its enduring character. The property sits on a 16,000 square foot lot, offering ample space and potential for expansion or redevelopment. Its strategic location just south of 8th & Railroad and the Lumber Exchange Building, and west of a planned railyard site development, places it within the burgeoning Riverline District. The building's unique shell design allows for a variety of uses, from industrial to retail or office space. A second floor, not included in the 3,109 square foot measurement, offers additional potential for living space, retail, or office use, although it has an unusual side wall height. The asking price is $1,200,000, translating to $385.98 per square foot. The current ownership is open to discussing redevelopment possibilities, making this a truly versatile and promising investment. This property is zoned for industrial use in Minnehaha County, zip code 57103.

Highlights

  • $1,200,000 asking price for this 3,109 SF flex industrial building.
  • Located at 114 S Reid St, Sioux Falls, SD 57103.
  • Built in 1910, situated on a 16,000 SF lot, with a price per square foot of $385.98.
  • Features a unique design allowing for diverse redevelopment opportunities.
  • Located near planned railyard and Riverline District developments.

Property Details for 114 Reid St

Property type
Industrial properties, Flex space
Square Feet
3,109 SF
Year Built
1910

Location Insight

City
Sioux Falls
County
Minnehaha
State
South Dakota
Latitude
43.5467159
Longitude
-96.7222176

FAQs

What type of property is this?
Industrial property - Historic Flex Space, Prime Location
Where is the industrial property located?
The property is located at 114 Reid St Sioux Falls, SD.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: $1,200,000 asking price for this 3,109 SF flex industrial building.; Located at 114 S Reid St, Sioux Falls, SD 57103.; Built in 1910, situated on a 16,000 SF lot, with a price per square foot of $385.98.
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114 Reid St
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