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For Sale
Masonic Center
520 S. 1st Avenue,
Sioux Falls, SD 57104
Sioux Falls, SD 57104
Asset Snapshot
1958
Year Built
Offering Summary
Investment Overview
Prime downtown redevelopment opportunity NE corner of 14th Street and 1st Avenue Located in an opportunity zone Potential lease-back for negotiated time period New roof installed in 2020 Updated bathrooms with renovated fixtures, flooring, and finishes Potential to purchase the adjacent 3 properties (23,700 SF) to assemble entire half block of 47,400 SF (1.088 Acres)Investment Highlights
- Prime downtown redevelopment opportunity
- NE corner of 14th Street and 1st Avenue
- Located in an opportunity zone
- Potential lease-back for negotiated time period
- New roof installed in 2020
- Updated bathrooms with renovated fixtures, flooring, and finishes
- Potential to purchase the adjacent 3 properties (23,700 SF) to assemble entire half block of 47,400 SF (1.088 Acres)
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