For Sale
Call for price
1323 Minnesota Ave Sioux Falls, SD 57105
Prime location, 1.1 acres, multiple buildings
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 131
Highlights
- Redevelopment opportunity in a prime Sioux Falls location at the lighted intersection of 22nd Street & Minnesota Avenue.
- Three parcels included: one with a 14,755 SF building (renovation or demolition), one vacant lot, and one with a building slated for demolition. Total land area: 1.10 acres (48,066 SF).
- 14,755 SF building at 1323 S. Minnesota Ave; 1949 construction, structurally sound, designed for 5-story expansion, terrazzo & hardwood floors, operable windows, 22 parking spaces; roof, HVAC, and ADA compliance require updates. Zoned C-2.
- Vacant lot at 520 W. 22nd St (13,772 SF), zoned Office; demolition costs included in $175,440 sale price ($12.75/SF land). Potential for additional parking or multifamily rezoning.
- Additional lot at 519 W. 22nd St (15,410 SF), zoned Office; approximately 30-36 parking stalls; access from Spring Street and 1323 S. Minnesota Ave. $308,200 sale price ($20.00/SF land).
- Total sale price: $1,189,300 ($80.60/SF building).
Property Details for 1323 Minnesota Ave
- Property type
- Office properties
- Square Feet
- 4,981 SF
- Class
- B
- Year Built
- 1949
- Stories
- 5
- Lot Size (sq. ft)
- 47,916 SF
- Units
- 2
Location Insight
- City
- Sioux Falls
- County
- Minnehaha
- State
- South Dakota
- Latitude
- 43.5332875
- Longitude
- -96.7317656
1323 Minnesota Ave, Sioux Falls, South Dakota
Nearby Similar for Sale
FAQs
- What type of property is this?
- Office property - Prime location, 1.1 acres, multiple buildings
- Where is the office property located?
- The property is located at 1323 Minnesota Ave Sioux Falls, SD.
- What are key features of this property?
- This property features: Redevelopment opportunity in a prime Sioux Falls location at the lighted intersection of 22nd Street & Minnesota Avenue.; Three parcels included: one with a 14,755 SF building (renovation or demolition), one vacant lot, and one with a building slated for demolition. Total land area: 1.10 acres (48,066 SF).; 14,755 SF building at 1323 S. Minnesota Ave; 1949 construction, structurally sound, designed for 5-story expansion, terrazzo & hardwood floors, operable windows, 22 parking spaces; roof, HVAC, and ADA compliance require updates. Zoned C-2.
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