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Map ViewSatellite ViewPremier Commercial Corner Opportunity
Sale Price
$2,900,000
Price / SF
$24.92 / SF
Parcel Size
2.67 Acres +/-
Parcel Size
116,395 SF +/-
Location Highlights
Situated on one of Sioux Falls’ most desirable commercial corners, this highly visible development parcel offers a rare opportunity to establish a presence within a thriving and affluent trade area. With outstanding frontage, exceptional traffic exposure, and limited remaining commercial corners available in the immediate market, the property is ideally positioned for a high-quality retail, professional office, medical, or service-oriented development. Restrictive covenants are in place to preserve the long-term quality and value of the corridor, requiring the commercial component to be developed as an upscale commercial center.
Description
- C-2 Commercial Zoning
- Prime hard corner location at South Minnesota Avenue and West 69th Street
- Approximately 735 SF +/- of combined frontage
- Located within an established commercial corridor featuring a strong mix of national, regional, and local businesses
- 4,256 housing units within a 1-mile radius
- Affluent consumer base with a median household income of $122,072
- Daytime population exceeding 8,000 within a 1-mile radius
- Outstanding visibility with traffic counts exceeding 40,000 vehicles per day
- Development governed by restrictive covenants designed to promote a high-quality, upscale commercial center
Usage
