Gas Barrel

2500 W. Madison Street Sioux Falls, SD

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Sale Price: $375,000

Building Size: 1,544 sq. ft.

Total Available Space: 1,544 sq. ft.

Property Type: Investment | Retail

Year Built: 1990

Property Description

Property Features

  • Building Size: 1,544 sq. ft.
  • Year Built: 1990
  • Lot Size: .27 acres (11,946 sq. ft.)
  • New All-In-One POS - Passport
  • LED Lights, Surround Sound, Cameras Inside/Outside
  • New Heating Unit on Roof
  • Tanks tested Nov. 2017 - Passed
  • Zoning: C-2
  • Liquor License Coming Soon

Pricing

  • List price: $375,000
  • Inventory not included in sale price: approx $40,000
  • 2017 Real Estate Taxes: $3,048.43
  • Owner is relocating
  • Detailed financials available
  • Inside sales approx. $50,000/ mo.
  • Gas sales approx. 25,000+ gallons/ mo.

Location

  • Located on the corner of W. Madison & N. Kiwanis
  • 1 mile east of I-29
  • Busy intersection surrounded by apartments, houses, and hotels
  • 2016 Traffic Counts:
  • -W. Madison: 8,700 vpd
  • -N. Kiwanis: 9,000 vpd
  • Area neighbors include: Sioux Empire Fair Grounds, Ron’s Garage, Jane Adams Elementary School, Denny Sanford Premier Center, Sioux Falls Convention Center

Brokers

Dale Zomer

Broker Associate

Office Phone: 605-444-7117

Dale Zomer joined NAI Sioux Falls in May of 2016 as a Broker Associate.  Dale brings 25 years experience of representing clients in the sale or purchase of income-producing properties.

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