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Highlights

  • Flexible build-out options for office, service, or retail concepts; suites may be combined - contact Broker
  • Direct access to Phillips Avenue through the 12th Street Plaza
  • Surrounded by downtown’s leading dining, retail, entertainment, and major employers
  • Suites delivered in shell condition; designed to deliver a professional, modern environment for office and commercial users
  • Parking includes on-site enclosed parking, metered street parking, and city-owned public parking ramps
  • High-end finishes and sophisticated architecture throughout

All Available Spaces(3)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • 1st Floor, Ste A
  • 1,110 SF
  • Negotiable
  • $25.00 /SF/YR $2.08 /SF/MO $27,750 /YR $2,313 /MO
  • Office/Retail
  • Shell Space
  • Now

Brand-new Class A ground-level office/retail space available at 205 E 12th St. in Downtown Sioux Falls. The property offers highly visible commercial space, anchored by 175 residential units above. Suites are delivered in shell condition with a generous tenant improvement allowance and flexible build-out options for office, service, or retail users. Situated one block off Phillips Avenue with direct access via the 12th Street Plaza and adjacent to Fernson Brewing Company, the location benefits from strong pedestrian activity and downtown foot traffic.

  • Lease rate does not include utilities, property expenses or building services
  • Suites delivered in shell condition
  • On-site enclosed parking
  • Flexible build-out options
  • Generous tenant improvement allowance
  • 1st Floor, Ste B
  • 995 SF
  • Negotiable
  • $25.00 /SF/YR $2.08 /SF/MO $24,875 /YR $2,073 /MO
  • Office/Retail
  • Shell Space
  • Now

Brand-new Class A ground-level office/retail space available at 205 E 12th St. in Downtown Sioux Falls. The property offers highly visible commercial space, anchored by 175 residential units above. Suites are delivered in shell condition with a generous tenant improvement allowance and flexible build-out options for office, service, or retail users. Situated one block off Phillips Avenue with direct access via the 12th Street Plaza and adjacent to Fernson Brewing Company, the location benefits from strong pedestrian activity and downtown foot traffic.

  • Lease rate does not include utilities, property expenses or building services
  • Suites delivered in shell condition
  • On-site enclosed parking
  • Flexible build-out options
  • Generous tenant improvement allowance
  • 1st Floor, Ste C
  • 1,026 SF
  • Negotiable
  • $25.00 /SF/YR $2.08 /SF/MO $25,650 /YR $2,138 /MO
  • Office/Retail
  • Shell Space
  • Now

Brand-new Class A ground-level office/retail space available at 205 E 12th St. in Downtown Sioux Falls. The property offers highly visible commercial space, anchored by 175 residential units above. Suites are delivered in shell condition with a generous tenant improvement allowance and flexible build-out options for office, service, or retail users. Situated one block off Phillips Avenue with direct access via the 12th Street Plaza and adjacent to Fernson Brewing Company, the location benefits from strong pedestrian activity and downtown foot traffic.

  • Lease rate does not include utilities, property expenses or building services
  • Suites delivered in shell condition
  • On-site enclosed parking
  • Flexible build-out options
  • Generous tenant improvement allowance
Space Size Term Rental Rate Space Use Build-Out Available
1st Floor, Ste A 1,110 SF Negotiable $25.00 /SF/YR $2.08 /SF/MO $27,750 /YR $2,313 /MO Office/Retail Shell Space Now
1st Floor, Ste B 995 SF Negotiable $25.00 /SF/YR $2.08 /SF/MO $24,875 /YR $2,073 /MO Office/Retail Shell Space Now
1st Floor, Ste C 1,026 SF Negotiable $25.00 /SF/YR $2.08 /SF/MO $25,650 /YR $2,138 /MO Office/Retail Shell Space Now

1st Floor, Ste A

Size
1,110 SF
Term
Negotiable
Rental Rate
$25.00 /SF/YR $2.08 /SF/MO $27,750 /YR $2,313 /MO
Space Use
Office/Retail
Build-Out
Shell Space
Available
Now

1st Floor, Ste B

Size
995 SF
Term
Negotiable
Rental Rate
$25.00 /SF/YR $2.08 /SF/MO $24,875 /YR $2,073 /MO
Space Use
Office/Retail
Build-Out
Shell Space
Available
Now

1st Floor, Ste C

Size
1,026 SF
Term
Negotiable
Rental Rate
$25.00 /SF/YR $2.08 /SF/MO $25,650 /YR $2,138 /MO
Space Use
Office/Retail
Build-Out
Shell Space
Available
Now

1st Floor, Ste A

Size 1,110 SF
Term Negotiable
Rental Rate $25.00 /SF/YR
Space Use Office/Retail
Build-Out Shell Space
Available Now

Brand-new Class A ground-level office/retail space available at 205 E 12th St. in Downtown Sioux Falls. The property offers highly visible commercial space, anchored by 175 residential units above. Suites are delivered in shell condition with a generous tenant improvement allowance and flexible build-out options for office, service, or retail users. Situated one block off Phillips Avenue with direct access via the 12th Street Plaza and adjacent to Fernson Brewing Company, the location benefits from strong pedestrian activity and downtown foot traffic.

  • Lease rate does not include utilities, property expenses or building services
  • Flexible build-out options
  • Suites delivered in shell condition
  • Generous tenant improvement allowance
  • On-site enclosed parking

1st Floor, Ste B

Size 995 SF
Term Negotiable
Rental Rate $25.00 /SF/YR
Space Use Office/Retail
Build-Out Shell Space
Available Now

Brand-new Class A ground-level office/retail space available at 205 E 12th St. in Downtown Sioux Falls. The property offers highly visible commercial space, anchored by 175 residential units above. Suites are delivered in shell condition with a generous tenant improvement allowance and flexible build-out options for office, service, or retail users. Situated one block off Phillips Avenue with direct access via the 12th Street Plaza and adjacent to Fernson Brewing Company, the location benefits from strong pedestrian activity and downtown foot traffic.

  • Lease rate does not include utilities, property expenses or building services
  • Flexible build-out options
  • Suites delivered in shell condition
  • Generous tenant improvement allowance
  • On-site enclosed parking

1st Floor, Ste C

Size 1,026 SF
Term Negotiable
Rental Rate $25.00 /SF/YR
Space Use Office/Retail
Build-Out Shell Space
Available Now

Brand-new Class A ground-level office/retail space available at 205 E 12th St. in Downtown Sioux Falls. The property offers highly visible commercial space, anchored by 175 residential units above. Suites are delivered in shell condition with a generous tenant improvement allowance and flexible build-out options for office, service, or retail users. Situated one block off Phillips Avenue with direct access via the 12th Street Plaza and adjacent to Fernson Brewing Company, the location benefits from strong pedestrian activity and downtown foot traffic.

  • Lease rate does not include utilities, property expenses or building services
  • Flexible build-out options
  • Suites delivered in shell condition
  • Generous tenant improvement allowance
  • On-site enclosed parking

About the Property

The One2 sits one block off Phillips Avenue in Downtown Sioux Falls within a premier pedestrian-friendly corridor. The property offers direct access to Phillips Avenue through the 12th Street Plaza and is immediately adjacent to Fernson Brewing Company, benefiting from consistent traffic generated by surrounding dining, entertainment, and major employers. The area is supported by strong daytime population and nearby residential density.

Property Facts

Total Space Available 3,131 SF
No. Units 175
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Size 200,000 SF
Year Built 2025

Attachments

One2
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
40/100
Very bikeable
80/100
  • Listing ID: 39134885

  • Date on Market: 1/19/2026

  • Last Updated:

  • Address: 205 E 12th St, Sioux Falls, SD 57104

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