Owner-Occupant Retail Investment
Building Size
4,800 SF +/-
Vacant Usable Size
2,316 SF +/-
Site Size
0.92 Acres (40,000 SF) +/-
Sale Price
$1,350,000
Location Highlights
Opportunity for an owner-occupant investor to acquire a prime retail property near the I-229/Cliff Avenue intersection. This property is located along the Greenway Recreation Bike Loop, a 19.13 mile trail that follows the scenic Big Sioux River. Strategically positioned between Spencer Park and Tuthill Park, this property benefits from significant foot and vehicle traffic year round. This site presents an excellent investment opportunity, with 2,316 usable square feet available for immediate occupancy with a drive through available.
Description
- A portion of the building (2,484 SF) is leased to Spoke-n-Sport through August 2026
- Located in one of Sioux Falls’ most vibrant areas, known for its foot traffic and thriving recreational activities. The surrounding area holds a dense residential population further enhancing the potential for business growth.
- Excellent signage opportunities include building and monument signage facing I-229 and Cliff Avenue, maximizing visibility
- Property has a deed restriction (c-store, car wash, gas station); contact Broker for details
- ~30 parking spaces available
- Zoned: C-2 Commercial
- Real Estate Taxes: $10,718.54 (2023 taxes payable in 2024)
Usage