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450 S Kiwanis Ave
6,050 SF Vacant Flex Building Sioux Falls, SD 57104 $750,000 ($124/SF)
Investment Highlights
- 3 to 10 year lease term, As-is condition, with 3% annual escalations.
Executive Summary
Walgreens, The Country Club of Sioux Falls, Lewis Drug, USS South Dakota Battleship Memorial, and Garfield Elementary School.
Property Facts Under Contract
| Price | $750,000 | Lot Size | 0.51 AC |
| Price Per SF | $124 | Rentable Building Area | 6,050 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Sale Conditions | Building in Shell Condition | Year Built | 2024 |
| Property Type | Flex | Clear Ceiling Height | 14’ |
| Building Class | B |
| Price | $750,000 |
| Price Per SF | $124 |
| Sale Type | Investment or Owner User |
| Sale Conditions | Building in Shell Condition |
| Property Type | Flex |
| Building Class | B |
| Lot Size | 0.51 AC |
| Rentable Building Area | 6,050 SF |
| No. Stories | 1 |
| Year Built | 2024 |
| Clear Ceiling Height | 14’ |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Planned as a fitness center, but can be converted to retail or office space Delivering vacant shell Q2 2024 Brand new Reaves building 2 windowed offices, restrooms with showers, 4,300 SF open floor area, and 8'x8' roll up door 3 to 10 year lease term, As-is condition, with 3% annual escalations Lot Size: 0.51 AC (22,185 SF) - Access off 13th Street Zoning: C-2
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 6,050 SF | Flex | - | Now |
1st Floor
| Size |
| 6,050 SF |
| Space Use |
| Flex |
| Condition |
| - |
| Available |
| Now |
1st Floor
| Size | 6,050 SF |
| Space Use | Flex |
| Condition | - |
| Available | Now |
Planned as a fitness center, but can be converted to retail or office space Delivering vacant shell Q2 2024 Brand new Reaves building 2 windowed offices, restrooms with showers, 4,300 SF open floor area, and 8'x8' roll up door 3 to 10 year lease term, As-is condition, with 3% annual escalations Lot Size: 0.51 AC (22,185 SF) - Access off 13th Street Zoning: C-2
PROPERTY TAXES
| Parcel Number | 97154 | Improvements Assessment | $0 |
| Land Assessment | $109,900 | Total Assessment | $109,900 |
PROPERTY TAXES
zoning
| Zoning Code | C-2 (Commercial) |
| C-2 (Commercial) |
Presented by
450 S Kiwanis Ave
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