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All Available Space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • 1st Floor, Ste 109
  • 540 SF
  • Negotiable
  • $31.31 /SF/YR $2.61 /SF/MO $16,907 /YR $1,409 /MO
  • Office/Retail
  • Partial Build-Out
  • Now

Located in the vibrant heart of Downtown Sioux Falls, this retail suite offers exceptional visibility and foot traffic in one of the city’s most dynamic commercial corridors. Positioned at 421 North Phillips Avenue, Suite 109, the space is within an indoor retail center and offers immediate access to popular downtown attractions and cultural destinations. The suite provides a flexible layout suitable for retail or office use and includes an open floor plan, an office/backroom, a hand sink, and washer and dryer amenities, creating functionality for diverse operations. Surrounded by established businesses and high-profile neighbors such as Levitt at the Falls, Steel District, Startup Sioux Falls, and Chef Lance’s on Phillips, this location captures consistent pedestrian flow and proximity to major downtown amenities. Tenants benefit from convenient front-door parking and easy transit access, making it a practical and connected setting for businesses aiming to engage directly with the downtown market.

  • Listed rate may not include certain utilities, building services and property expenses
  • Flexible floor plan
  • High visibility and steady foot traffic
  • Fits 2 - 5 People
  • Convenient front-door parking
Space Size Term Rental Rate Space Use Build-Out Available
1st Floor, Ste 109 540 SF Negotiable $31.31 /SF/YR $2.61 /SF/MO $16,907 /YR $1,409 /MO Office/Retail Partial Build-Out Now

1st Floor, Ste 109

Size
540 SF
Term
Negotiable
Rental Rate
$31.31 /SF/YR $2.61 /SF/MO $16,907 /YR $1,409 /MO
Space Use
Office/Retail
Build-Out
Partial Build-Out
Available
Now

1st Floor, Ste 109

Size 540 SF
Term Negotiable
Rental Rate $31.31 /SF/YR
Space Use Office/Retail
Build-Out Partial Build-Out
Available Now

Located in the vibrant heart of Downtown Sioux Falls, this retail suite offers exceptional visibility and foot traffic in one of the city’s most dynamic commercial corridors. Positioned at 421 North Phillips Avenue, Suite 109, the space is within an indoor retail center and offers immediate access to popular downtown attractions and cultural destinations. The suite provides a flexible layout suitable for retail or office use and includes an open floor plan, an office/backroom, a hand sink, and washer and dryer amenities, creating functionality for diverse operations. Surrounded by established businesses and high-profile neighbors such as Levitt at the Falls, Steel District, Startup Sioux Falls, and Chef Lance’s on Phillips, this location captures consistent pedestrian flow and proximity to major downtown amenities. Tenants benefit from convenient front-door parking and easy transit access, making it a practical and connected setting for businesses aiming to engage directly with the downtown market.

  • Listed rate may not include certain utilities, building services and property expenses
  • Fits 2 - 5 People
  • Flexible floor plan
  • Convenient front-door parking
  • High visibility and steady foot traffic

About the Property

421 North Phillips Avenue, Suite 109, Sioux Falls, SD is a retail property situated in an indoor retail center in the city’s downtown district. The property is proximate to Levitt at the Falls, Falls Park, and other downtown commercial and cultural establishments. The location is accessible by major downtown roadways and is supported by pedestrian-oriented streetscape improvements.

Property Facts

Total Space Available 540 SF
No. Units 32
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Size 50,000 SF
Year Built 2018
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Very bikeable
80/100
  • Listing ID: 40427014

  • Date on Market: 5/6/2026

  • Last Updated:

  • Address: 421 N Phillips Ave, Sioux Falls, SD 57104

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