122 Phillips AveSioux Falls, SD 57104

For Lease
Call for price
Historic B-Class Office Building, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional three-story, 25,080 square foot commercial building presents a unique investment opportunity in the heart of Sioux Falls, South Dakota. Located at 122 S Phillips Ave, near the corner of 10th Street and Phillips Avenue, this Class B property boasts a prime location with high foot traffic, ensuring excellent visibility and accessibility. Built in 1887 and renovated in 2002, the building offers a blend of historic charm and modern functionality. The property features one building with multiple tenancies, providing flexibility for various business needs. Currently, one 200 square foot retail space is available. The building encompasses 0.3 acres of land and includes convenient amenities such as elevators. Its zoning designation is DTPUD, allowing for diverse commercial uses. This Minnehaha County property offers unparalleled access to a vibrant downtown area, surrounded by popular retailers, restaurants, coffee shops, and attractions. The building's strategic location ensures maximum exposure and potential for significant return on investment. This is a rare opportunity to acquire a well-maintained, historically significant commercial property in a thriving urban setting.

Highlights

  • 1,000 SF office space with one private office.
  • Building features renovated restrooms (2020).
  • Available for occupancy February 1, 2025.
  • Located in a three-story historic building (1887).
  • Convenient parking: adjacent parking garage and metered street parking on Phillips Avenue.
  • Strong tenant mix including The Hello Hi, Pizza Cheeks, and others.

Property Details for 122 Phillips Ave

Property type
Retail properties, Office properties
RSF (Rentable sq. ft)
25,080 SF
Class
B
Year Built/Renovated
1887/2002
Buildings
1
Stories
3

Unit(s) available at that property

Space
Suite 203
Size
200 SF

Location Insight

City
Sioux Falls
County
Minnehaha
State
South Dakota
Latitude
43.5465227
Longitude
-96.7266051
122 Phillips Ave, Sioux Falls, South Dakota

FAQs

What type of property is this?
Retail property - Historic B-Class Office Building, High Traffic
Where is the retail property located?
The property is located at 122 Phillips Ave Sioux Falls, SD.
What are key features of this property?
This property features: 1,000 SF office space with one private office.; Building features renovated restrooms (2020).; Available for occupancy February 1, 2025.
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.
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122 Phillips Ave
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