Masonic Center

520 S. 1st Avenue, Sioux Falls, SD 57104

Property Information

  • For Sale $1,600,000
  • Property Type Office - General Office
  • Property Size 31,192 SF
  • Lot Size 0.54 Acre
  • Building Class B
  • Year Built 1958
  • Date Updated Jul 31, 2026

Description

NE corner of 14th Street and 1st AvenuePrime 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)

Highlights

  • Located in an opportunity zone
  • NE corner of 14th Street and 1st Avenue
  • New roof installed in 2020
  • Potential lease-back for negotiated time period
  • Potential to purchase the adjacent 3 properties (23,700 SF) to assemble entire half block of 47,400 SF (1.088 Acres)
  • Prime downtown redevelopment opportunity
  • Updated bathrooms with renovated fixtures, flooring, and finishes

Contacts

Location

Located at 520 S. 1st Avenue, Sioux Falls, SD 57104, this property is part of the Gales Sioux Falls neighborhood.

  • 90/100 Walker's Paradise
  • 34/100 Some Transit
  • 77/100 Very Bikeable
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