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Map ViewSatellite ViewOwner-Occupant Investment | Condos/Warehouse
Sale Price (Condos C&D)
$550,000
Condo C Size
3,216 SF +/-
Condo D Size
2,400 SF +/-
Total Available Square Feet
5,616 SF +/-
Location Highlights
Opportunity for an owner occupant investor to acquire a prime condo/warehouse property located just outside the city limits of Tea, South Dakota, a rapidly growing community known for its strong industrial base and above average income levels. Just minutes from Sioux Falls, SD, Tea offers the benefits of proximity to a large city while maintaining its small-town charm. With a population growth rate of 2.83%, well above the national average, and a welcoming atmosphere, Tea has become a sought-out location for businesses. Situated less than a mile from the Bakker Landing Development, where the top Casey’s in South Dakota ranks in the 99th percentile nationwide for visits, this property boasts exceptional accessibility with its proximity to future Veterans Parkway, I-29, and I-229, making it a prime investment opportunity.
Description
- Sale includes Condos C & D, which each feature 14’x14’ front doors, 14’x12’ rear doors, 14’x16’ office spaces, 16’ side walls, and half baths
- Units are equipped with forced heat/cooling in the office and radiant heat in the warehouse, making them ideal for a variety of uses
- Real Estate Taxes – $2,520.00 (2023 Taxes payable in 2024)
- Zoning – Light Industrial (L-1)
- Year Built – 2008
- 16’ sidewalls
- Concrete post guards
- 6” concrete floor
- Floor drains
- 300 AMP service
- Bay lights
- Tube heat 175 btu
Usage
