3401 S Cliff Ave | Sioux Falls, SD 57105
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3401 S Cliff Ave
Sioux Falls, SD 57105
Spencer Park Retail · Office Property For Sale
Investment Highlights
- Located in one of Sioux Falls’ most vibrant areas, known for its foot traffic and thriving recreational activities
- Excellent signage opportunities include building and monument signage facing I-229 and Cliff Avenue, maximizing visibility
- ~30 parking spaces available
- Surrounding area holds a dense residential population further enhancing the potential for business growth
- Property has a deed restriction (c-store, car wash, gas station); contact Broker for details
- Real Estate Taxes: $10,718.54 (2023 taxes payable in 2024)
Executive Summary
Opportunity for an investor(s) to acquire a prime retail property near the I-229/Cliff Avenue intersection. This property is located along the Greenway Recreation Bike Loop, a 19.13 mile trail that follows the scenic Big Sioux River. Strategically positioned between Spencer Park and Tuthill Park, this property benefits from significant foot and vehicle traffic year round. The building is currently leased to Spoke-n-Sport with Bluestone FCU leasing the drive-thru ATM.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
4,800 SF
Building Class
B
Year Built
1985
Price
£1,065,150
Price Per SF
£222
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
4,800 SF
Building FAR
0.12
Land Acres
0.92 AC
Zoning
C-2 - Commercial
Amenities
- Signage
- Monument Signage
PROPERTY TAXES
| Parcel Number | 47515 | Improvements Assessment | £37,714 |
| Land Assessment | £132,552 | Total Assessment | £170,266 |
PROPERTY TAXES
Parcel Number
47515
Land Assessment
£132,552
Improvements Assessment
£37,714
Total Assessment
£170,266
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