101 Main AveSioux Falls, SD 57104
- Office properties
- 71,194 SF
Property Details for 101 Main Ave
- Year built
- 1996
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.61 AC
- Property size (Sq ft)
- 71,194 SF
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 63890
- APU
- 63890
Description
The Historic Security National Building, located at 101 S. Main Avenue in Sioux Falls, South Dakota, offers exceptional office space in the heart of the city. This seven-story building boasts a rich history and provides a prestigious address for businesses of all sizes. Currently, there are 2,836 square feet of vacant space available, with one space specifically listed at 360 square feet. The building's property type includes retail, office, storefront, and salon spaces, accommodating a variety of business needs. The building is categorized as Traditional Office, Executive Office, and Coworking space, offering flexibility for different work styles. Multiple tenancies are available, allowing for diverse occupancy. The building features two elevators for convenient access to all floors. Off-street parking is available for tenants, and the building offers on-site and controlled access for enhanced security. The building is situated in Minnehaha County, South Dakota, with a zip code of 57104. This location provides easy access to downtown amenities and excellent visibility. The building's historic charm combined with modern conveniences makes it an ideal location for businesses seeking a unique and prestigious office space in Sioux Falls.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $10,995,561
- 6.5%
- $10,149,748
- 7%
- $9,424,766
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,633,742
- Geo Method
- $3,633,742
-
Alternative Use
- Use
- Valuation
- Residential
- $12,585,688
- Hospitality
- $11,528,423
- Educational
- $9,591,512
- Medical
- $9,921,379
- Retail
- $14,920,130
Location Insight
- City
- Sioux Falls
- County
- Minnehaha
- State
- South Dakota
- Latitude
- 43.5477
- Longitude
- -96.7287
- CBSA code
- 43620
- CBSA name
- SIOUX FALLS, SD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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