312 5th St - Flex FOR SALE


Brookings, SD 57006- Downtown Brookings
$515,000 USD
800-720-5052
312 5th St, Brookings, SD for Sale
$515,000 USD
Flex - FOR SALE
1/6
null | 9.14% Cap Rate

312 5th St
Brookings, SD 57006
Downtown Brookings


OVERVIEW

This well-located concrete block office/industrial building is situated in the Central Business District of Brookings SD, home of South Dakota State University. The building is the long-time home of the Brookings Register newspaper, who is the current tenant. The existing lease can be assigned to the new owner or the property can be delivered vacant. Built in 1952, the 6,500 SF building has been renovated several times in recent years. The building is situated on a 0.38-acre parcel and is located in zoning district B1 (Business). Not in a FEMA flood zone.

FOR SALE DETAILS

PRICE

$515,000 USD

PRICE/SF

$31 USD /SF

CAP RATE

9.14%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Brookings Register

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.38

LAND SF

16,536

ZONING

B1

APN/PARCEL ID

404050060001500

ASK ABOUT THIS PROPERTY

Aidan CleghornBellCornerstoneMore Info
800-720-5052

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Aidan CleghornBellCornerstoneMore Info
800-720-5052

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.