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711 N Lake Ave
Sioux Falls, SD 57104
Office Property For Sale
Investment Highlights
- Flexible floor plan allows for ample customization - see page 3 of marketing brochure
- Monument signage available facing NW Avenue
- Conveniently located near schools such as Laura Anderson Elementary, All City Elementary, and Axtell Middle School, which serve combined 840 students
- Former daycare operation; available now
- Near Terrace Park, which features scenic walking paths, 9 baseball fields, Japenese Gardens, Covell Lake, aquatic center, tennis courts, and more
- This listing is also available for lease
Executive Summary
Lloyd Companies is proud to offer an exceptional opportunity for an owner-occupant investor to establish a business in a prime location with excellent visibility and accessibility off Russell Street and NW Avenue, where 19,352 vehicles pass daily. Featuring a flexible floor plan (formerly a daycare), 45 surface parking stalls, and monument signage, this space is move-in ready and customizable to suit various needs. Surrounded by key attractions, including the Denny Sanford Premier Center, Sioux Falls Convention Center, Terrace Park, Elmwood Golf Course, and Downtown Sioux Falls, this locations offers appeal.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
10,280 SF
Building Class
B
Year Built
1959
Price
$1,450,000
Price Per SF
$141.05
Tenancy
Single
Building Height
1 Story
Typical Floor Size
10,280 SF
Building FAR
0.18
Lot Size
1.29 AC
Zoning
O - Office
Parking
45 Spaces (4.38 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 24670 | Improvements Assessment | $517,300 |
| Land Assessment | $195,400 | Total Assessment | $712,700 |
Property Taxes
Parcel Number
24670
Land Assessment
$195,400
Improvements Assessment
$517,300
Total Assessment
$712,700
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