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27106 INDEPENDENCE AVE Sioux Falls SD 57108

[Locked]

Details
Property Type Industrial, Land (+2)
Sub Type Commercial, Flex (+1)
Building SqFt 51,000
Days on Market ******
Latitude 43.4604
Longitude -96.7952

Property History

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Property Type
Property Type
Industrial, Land, Mixed Use, Retail
Property Subtype
Commercial, Flex, Storefront
Marketing Description

Here is a rare opportunity to acquire a large Flex building with ideal interstate access and visibility—-located in the center of the Metro’s Southern growth path!

51,000 SF —-Originally built in 1999 with additions in 2003 & 2015 $5,100,000.

  • Excellent condition throughout—Well insulated—High efficiency lighting—Highly visible signage

  • Combination of showroom, warehouse and very nice office space (3,000 SF of which was added in 2015)

  • Conference room, break room, reception, cubicle spaces, will call areas.

  • Two loading docks; Three drive-in doors

  • 290’ of frontage along SD 106 at the Tea, SD exit (#73)

  • Seller will occupy until new location is completed (Spring 2024); would consider a sale leaseback.

  • All warehouse space is clean, well-lit and extremely functional with varying wall heights (contact broker)

  • Virtually no deferred maintenance

  • Ample parking on west side of building is all hard surfaced.

  • Additional cold storage auxiliary all-steel building to the south

  • Three-acre parcel with possible extra land available for purchase.

  • Additional approximate 5.79 acres of future development land including Quonset buildings and warehouse/retail building (see below).

  • Seller will utilize a 1031 exchange, contact broker for details on timing.

  • Building has natural gas and a septic system.

  • Please note floor plan in the photo section

Additional Land and buildings east of the Thornton Store-$2,800,000

  • Additional 16,360 +/- square feet of Quonset buildings and 7,200 square feet warehouse/retail store.

  • Pickers Antique Mall currently occupies, and leases 7,200 sq. ft. building and Thornton Flooring occupies Quonset buildings. All leases are short term.

  • Land can only be purchased with the purchase of Thornton Flooring main building west of this parcel.

  • Albers Avenue will be a lighted intersection when Veterans Highway is completed in the next 2 to 4 years.

  • Excellent opportunity to developed this highly visible accessible land in the near future with current income.

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Zoning

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C CommercialGeneral CommercialCommercial
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View all 37 uses
View all 37 uses
Last updated Mar 25, 2026 For deeper zoning details, reports are available at Zoneomics

Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
KP
Kirby Proehl
•••.•••.8030
•irby@••••-•••••.com
Brokerage logo
Listing removed on
 BY:
PG
Paul Gourley
•••.•••.1968
•••••rley@•••••.com
Brokerage logo

Map

Comparable Properties

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Rental Market Overview

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This rental data is based on the nearest market to this property: Tea, SD.
Tea, SD median rent ********
***  ****** **** *** ******** ***
National median ********
Compare median rents across markets
Tea, SD (nearest market)
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Data provided byDwellsy IQ
*All information is deemed reliable but not guaranteed.
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