Former Feterl-Farm King Plant

411 Center Avenue West Salem, SD

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Sale Price: $950,000

Building Size: 147,196 Sq. Ft.

Total Available Space: 147,196 Sq. Ft.

Property Type: Industrial

Property Description

Property Features

  • 147,196 total sq. ft. manufacturing facility
  • 4,800 sq, ft. of office area
  • 3 phase, 440 volt power
  • Overhead bridge & jib cranes & hoists
  • 18’ ceiling height
  • 27.929 acres total lot size:     

          Parcel A, B & C = 27.4

          Parcel 17.58.0417 = .469 

  • Built in 1968 - 1998
  • Fourteen drive-in doors
  • 80 surface parking spaces
  • Sale includes land & all buildings
  • Zoned:  City of Salem Heavy Industrial

Pricing

  • Priced reduced: $950,000
  • $6.45/sq. ft. - Buildings
  • $0.87/sq.ft. land
  • 2015 Real Estate Taxes:

          Parcel A, B & C = $10,974.02
          Parcel 17.58.0417 = $ 150.32
          Total = $11,124.34

Location

  • Located off I-90 only 34 miles from Sioux Falls
  • SD has no corporate income tax
  • Skilled labor force with agriculture manufacturing skills

Brokers

Gregg Brown, MBA, SIOR

Senior Vice President/Managing Director

Office Phone: (605) 444 -7103

Gregg joined NAI Sioux Falls in February, 2016 as Senior Vice President/Managing Director.  Gregg has 22 years of experience in commercial real estate brokerage and is well established in corporate and landlord advisory services and tenant representation.

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Dennis Breske, CCIM, SIOR, MBA

Senior Vice President

Office Phone: (605) 444-7100

Dennis founded NAI Sioux Falls in June of 1999 and has over 20 years' experience in the Sioux Falls commercial real estate marketplace. Dennis has completed over 1,000 commercial real estate transactions and is widely regarded as one of the most professional and knowledgeable agents in the Sioux Falls market. 

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