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108 S Dakota Ave
Sioux Falls, SD 57104
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Main floor features a lobby with a gas fireplace, reception area, 2 office spaces, restrooms, large executive office, and an executive conference room
- The building has a large 17,863 SF indoor heated parking garage
- Built in 1966 and tastefully updated in 1977, 2012, 2014, 2020, and 2024
- Lower level is a versatile space, including a break area, tech room, open office area, meeting room with glass overhead doors, and lounge area
- Excellent opportunity to generate additional income from parking rentals to nearby businesses
EXECUTIVE SUMMARY
Presenting a distinctive commercial real estate opportunity in the heart of the central business district in downtown Sioux Falls. This iconic, round-shaped building, with a total area of 6,800 square feet, is now available for sale. The building also has a large 17,863 SF indoor heated parking garage.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
6,800 SF
Building Class
A
Year Built/Renovated
1966/2024
Price
$2,999,173 CAD
Price Per SF
$441.05 CAD
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
3,400 SF
Building FAR
0.30
Lot Size
0.52 AC
Opportunity Zone
Yes
Zoning
DTPUD
Parking
75 Spaces (11.03 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 42979 | Improvements Assessment | $1,255,029 CAD |
| Land Assessment | $436,623 CAD | Total Assessment | $1,691,652 CAD |
PROPERTY TAXES
Parcel Number
42979
Land Assessment
$436,623 CAD
Improvements Assessment
$1,255,029 CAD
Total Assessment
$1,691,652 CAD
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