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Giving Hope Bingo Center | Building For Sale

1605 W Burnside St, Sioux Falls, SD, 57104

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    Property Information

    Sale Price / SF
    $2,600,000.00
    PROPERTY TYPE
    Investment Opportunity/Mix Use/Retail
    Lot Size
    113,619
    Building Size
    13,536 SF
    Tenancy Type
    Multi-Tenant
    County
    Minnehaha
    Parcel No.
    42207

    PROPERTY DESCRIPTION:

    Incredible multi-purpose facility for sale located near the intersection of Western Avenue and Burnside Street – approximately 4 blocks from the Denny Sanford Center and Sioux Falls Convention Center.

    Property is being sold as an investment opportunity with the current Tenant having over 5 years firm term remaining on their lease agreement. Contact listing Broker for additional information. The sale price represents a 7% capitalization rate.

    • 14,000 square feet of high-quality office, retail or institutional type space constructed in 2001.
    • Sale price represents a value of $186 PSF – far below replacement cost.
    • Land contains 2.61 acres and/or 113,620 sqaure feet.

    The adjacant 1.4 acres and/or 60,984 square feet is also avaialble for sale. A cross-easement agreement for access will be filed in the event the subject property and adjacent property as not sold to the same party.

    Listing Agents

    Jim Dunham

    President/Broker

    (605) 360-0061

    Jim@JimDunhamAssociates.com

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