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2701 South Minnesota Avenue

2701 South Minnesota Avenue, Sioux Falls, SD 57105
Commercial in Sioux Falls
1 Units For Sale
Unit for sale at 2701 S Minnesota Ave, Sioux Falls, SD 57105-4744

$4,100

  • Commercial
  • 4 Baths
  • 4,953 ft²
2701 S Minnesota Ave #6, Sioux Falls, SD 57105-4744 Listing by Jay Zea

2701 South Minnesota Avenue in Sioux Falls, SD was first built in 1956 and is 68 years old. Although, the building on the property was most recently renovated and altered in 1991. This has been categorized as a office property type. It is a single story home. There are 12 partial bathrooms. 2701 South Minnesota Avenue has 46,000 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 2,570 ft and the linear feet between the front and back of the lot is 3,300. In total, the area measurement of the land is 84,811 square feet.

Learn more about the property and building on this page. The home has a flat style roof made of metal. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a paved and surfaced garage. There are a total of 6 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with other control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The exterior walls of the home are made of stucco. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with a packaged air conditioning unit. As for heating, the home is utilizing a heating system and being fueled with gas. 2701 South Minnesota Avenue was last assessed in 2022. The total value of the property was assessed at $3,797,700. Specifically, the land the property is located on was valued at $869,300. While improvements on the property were assessed at a total of $2,928,400. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $65,943. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.

Building Features

Exterior

Masonry Exterior

Parking

Paved Parking
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200810 Unit 10
08/10/2020
10
Loft
4 Bath
-
$2,327
bedrooms
Loft
bathrooms
4 Bath
-
-
-
-
20191125 Unit 6
11/25/2019
6
Studio
4 Bath
4953 ft²
$4,333
bedrooms
Studio
bathrooms
4 Bath
square feet
4953 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1991
  • Bedroom Count: 0
  • Bathroom Count: 12
  • Partial Bathrooms: 12
  • Bathroom Plumbing Fixtures: 36
  • Building Quality: C+
  • Construction Type: Other
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Flat
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Business/Commerical Units Count: 11
  • Floor Cover: Carpet
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Paved and surfaced
  • Parking Space Count: 6

    Dimensions

  • Lot Size Square Feet: 84,811
  • Lot Size Depth Feet: 3,300
  • Lot Size Frontage Feet: 2,570
  • Total Building Area: 46,000
  • Gross Building Area: 45,835
  • Building Area: 46,000
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 46,000
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Office
  • Subdivision: F A ADDN
  • Land Acres: 1.947
  • Standard Land Use Code: Office bldg (general)
  • Legal Description 1: S12 VAC 35TH ST LYING ADJ & W132 TRACT 2 & ALL BLOCK 9 SMITH`S, F.A. ADDN TO CITY OF SIOUX FALLS

Ownership

  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sioux Falls School District 49-5
  • School Tax School District: 49-5
  • Census Tract: 001501

Geography

  • Assessors Map Reference: MB469-791
  • Account Number: 47048
  • District: 90
  • Section: 29
  • Subdivision Tract Number: 2
  • Parcel: 47048
  • Block: 9
  • Municipality: SIOUX FALLS CITY IN MAPLETON T
  • Latitude: 43.52
  • Longitude: -96.7321

    Address

  • Full Address: 2701 S Minnesota Ave
  • Address - House Number: 2701
  • Street Direction: S
  • Address - Street Name: Minnesota
  • Address - Suffix Type: Ave
  • State: SD
  • City Name: Sioux Falls
  • Carrier Code: C003
  • 4-Digit Zip Code: 4744
  • Zip Code: 57105

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $65,943
  • Tax Rate Code Area: 090495

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $3,797,700
  • Assessed Land Value: $869,300
  • Assessed Improvements Value: $2,928,400

About Sioux Falls



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Frequently Asked Questions

What neighborhood is 2701 South Minnesota Avenue located in?
The 2701 South Minnesota Avenue is a commercial located in the neighborhood of Sioux Falls in Sioux Falls, Sioux Falls.
How many listings are currently for sale in 2701 South Minnesota Avenue?
There is a listing currently on the market for sale.
What is the average sales price for listings in 2701 South Minnesota Avenue?
The average sales price for units in 2701 South Minnesota Avenue is $4,100 , or $1/sqft. currently.

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