• 890 Lazelle St, Sturgis, SD 57785

For Sale

Office

For Sale

This property is available for sale
1.17
Acres
$1,400,000
Sale Price
  • Year Built
    1997
  • Total Building Size
    23,250 RSF
  • Overview

    Great investment opportunity! Former medical clinic in downtown Sturgis with 23,250 SF (Main level: 17,458 SF office; Upper level: 5,792 SF). Just one block east of Junction Ave & Lazelle St. Reception area and nurses stations have lofted ceilings and large windows for natural light. Floor plan easily allows the building to be subdivided into multiple suites. Roof is 5 years old, parking lot was sealed and painted in 2016, and the outside of the building was stained in 2015. Currently occupied by Regional Health; available for occupancy February 2018. Seller may lease back a portion of the building and has the right to reject offers deemed competition.
    Location
    Located between Main & Lazelle, one block east of Junction Ave in downtown Sturgis.

    Highlights

    • 23,250 SF
    • One block east of Junction Ave & Lazelle St
    • Lofted ceilings and large windows
    • Easily divisible into multiple suites
    • February 2018 occupancy

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Property Details

Office For Sale

Great investment opportunity! Former medical clinic in downtown Sturgis with 23,250 SF (Main level: 17,458 SF office; Upper level: 5,792 SF). Just one block east of Junction Ave & Lazelle St. Reception area and nurses stations have lofted ceilings and large windows for natural light. Floor plan easily allows the building to be subdivided into multiple suites. Roof is 5 years old, parking lot was sealed and painted in 2016, and the outside of the building was stained in 2015. Currently occupied by Regional Health; available for occupancy February 2018. Seller may lease back a portion of the building and has the right to reject offers deemed competition.
Location
Located between Main & Lazelle, one block east of Junction Ave in downtown Sturgis.

Highlights

  • 23,250 SF
  • One block east of Junction Ave & Lazelle St
  • Lofted ceilings and large windows
  • Easily divisible into multiple suites
  • February 2018 occupancy

  • Property Type
    Office
  • Year Built
    1997
  • Sale Price
    $1,400,000
  • Total Building Size
    23,250RSF
  • Total Acres
    1.17
  • Cap Rate
    9.0%
  • Number of Floors
    2
  • Building Class
    A
  • Last updated
    Nov 07, 2019
  • Property ID
    1956779

Landlord's Sales Representative

  • Chris Long
    Keller Williams