421 N Phillips Ave
Sioux Falls, SD 57104 Downtown Sioux Falls

Located in the vibrant heart of Downtown Sioux Falls, this retail suite offers exceptional visibility and foot traffic in one of the city’s most dynamic commercial corridors. Positioned at 421 North Phillips Avenue, Suite 109, the space is within an indoor retail center and offers immediate access to popular downtown attractions and cultural destinations. The suite provides a flexible layout suitable for retail or office use and includes an open floor plan, an office/backroom, a hand sink, and washer and dryer amenities, creating functionality for diverse operations.
Surrounded by established businesses and high-profile neighbors such as Levitt at the Falls, Steel District, Startup Sioux Falls, and Chef Lance’s on Phillips, this location captures consistent pedestrian flow and proximity to major downtown amenities. Tenants benefit from convenient front-door parking and easy transit access, making it a practical and connected setting for businesses aiming to engage directly with the downtown market.

• Date available: Now
• Lease term: Negotiable
• Service type: Modified Gross
• Space Type: Relet

Jones421 Suite 112 offers an exceptional street-level retail or restaurant opportunity in the heart of downtown Sioux Falls. Positioned on North Phillips Avenue, a high-traffic location with vibrant pedestrian activity, this property delivers expansive windows that flood the space with natural light and maximize street visibility. The modern design creates an inviting atmosphere ideal for boutique retail, café concepts, or experiential service businesses.
The suite features a bar counter setup, three-compartment sink, hand sink, stage area, and back room with mop sink, providing flexible configurations for food and beverage users. Tenants enjoy a gross lease structure with responsibility for electricity and internet, simplifying operational costs. Located in the Jones421 mixed-use building, the property benefits from built-in foot traffic from residential units and nearby popular attractions such as Levitt at the Falls, Falls Park, and The Steel District, driving consistent customer presence.

• Date available: Now
• Lease term: Negotiable
• Service type: Modified Gross
• Built out as: Standard Retail
• Space Type: Relet

Positioned in the dynamic core of Sioux Falls, Suite 115 at Jones421 delivers a rare opportunity for a fully built-out restaurant or food-service operation. The space comes with a 12-foot hood, 3-compartment sink, hand sink, and negotiable restaurant equipment, reducing upfront costs for operators. This turnkey advantage makes it an immediate contender for restaurateurs seeking a presence in the city’s thriving downtown market.
Situated among high-traffic commercial corridors, the property benefits from consistent pedestrian activity driven by nearby attractions such as Levitt at the Falls, Falls Park, and the Steel District. The surrounding district features a vibrant mix of retail, dining, and entertainment venues, creating strong synergy for any food and beverage concept. With excellent visibility and accessibility, this space ensures customers can easily locate and frequent the establishment.
The neighborhood’s strong business community and access to popular destinations amplify the potential of this address. Entrepreneurs and established operators alike will find this location well-suited to capture the energy and growth feeding downtown Sioux Falls’ urban core.

• Date available: Now
• Lease term: Negotiable
• Service type: Modified Gross
• Built out as: Restaurants And Cafes
• Space Type: Relet