FOR SALE Downtown Sioux Falls Redevelopment Site
Downtown Sioux Falls Redevelopment Site FOR SALE!
121 S Franklin Ave, Sioux Falls SD 57103
Due to the property owner deciding to retire they will offer the following real property For Sale located at 121 S Franklin Ave, Sioux Falls SD 57103. Located on the northwest corner of 10th St and Franklin Ave, on the east end of the viaduct- adjacent to the future rail yard redevelopment.
This opportunity is once in one hundred years!
This is a very rare opportunity to buy a piece of future Sioux Falls downtown development land. According to Minnehaha County Tax records the land is 58,449 sq ft approximately (1.34 acres). It currently features a 7,500 sq ft building that was built in 1945. The property is currently zoned C-2. It is located in the East bank Redevelopment site and in the highly coveted Qualified Opportunity Zone. Take action as opportunities like thses are not around very often. Area neighbors include: Formatop, 8th and Rail Road Center, McDonald's, South Dakota Department of Social Services. There are approximately 10,900 vehicles per day on E. 10th Street.
Legal Description For the Property: Franklin investment co sub pt tr 3 lots b & c (ex n 160' & ex h-2) SE 1/4 16 101 49 Sioux Falls city unplated
List Price: $700,000