Sioux Falls Commercial Real Estate

Multi-Family

Old Main Apartments

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320 N. Lawler Street
Canton, SD

Space Available: 26 units

For Sale: $518,000

Property Description

  • Twenty-six unit apartment building located in Canton, SD.
  • This historical apartment building has a unit mix of 5 two-bedroom, one bath units and 21 one-bedroom, one bath units.
  • Two common area laundry rooms.
  • Large community room with kitchen area, dining area, and balcony overlooking the community room.
  • Elevator.
  • Controlled Entry.
  • Stove/oven, refrigerator, and dishwasher in each unit.
  • Tenant pays electricity, internet, cable and phone.
  • Landlord responsible for heat, water, sewer, garbage, snow removal, lawn care and maintenance.
  • 24 hour maintenance.
  • Paved, on-site parking with 28 spaces including handicapped and visitor parking.
  • Two blocks north of Main Street.
  • Close to shopping, parks and the swimming pool.
  • Financials will be provided to qualified buyers upon request.
  • This asset to be shown by appointment only.
  • Currently, Old Main is a market rate property with 8 rent/income restricted HOME units (all one-bedroom). Please contact listing broker for further details and explanation.

Brokers

Jeff Brooks

Broker Associate

Jeff joins NAI Sioux Falls after acquiring experience in the banking, sales and property management fields. Most recently, Jeff worked as a Regional Property Manager for a large property management company located in Sioux Falls, SD.