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

$2,653 USD/MO

Loft Creative Space For Lease  •  1,820 SF

Property Details

  • Property Type Loft Creative Space
  • Year Built 1889
  • Total Building Size 40,000 SF
  • Tenancy Multiple
  • Building Class C
  • Zoning C3 / CBD
30 Transit Score
60 Walk Score

1 Space Available

Name Space Use Size Rent Details
3rd Floor Ste 330 Office 1,820 SF $17.49 USD/SF/YR 
Position your business in the historic heart of Sioux Falls at 431 North Phillips Avenue, within the vibrant Falls Center. Suite 330 offers an office environment blending classic architectural character with modern workplace functionality. Spanning four private offices with generous windows overlooking bustling Phillips Avenue, the suite also features a reception/waiting area and a dedicated break room, creating an ideal space for collaborative and client-focused operations.
Available on a gross lease basis, this suite emphasizes simplicity for occupiers, with tenants responsible only for internet services. Its location in the historical downtown district places occupants at the center of Sioux Falls' cultural and commercial amenities. Proximity to favorite local establishments such as The Source and La Luna Café makes off-site meetings effortless, while nearby Falls Park and the Sculpture Walk provide opportunities to recharge and inspire creativity.
With prominent visibility and access to dining, arts, and professional services, this suite offers an elevated workplace experience in one of Sioux Falls’ most recognizable office destinations. Immediate planning and early reservation are recommended given its availability timeline.

  • Date available: Aug 2026
  • Lease term: Negotiable
  • Service type: Modified Gross
  • Built out as: Standard Office
  • Space Type: Relet

Description 

Falls Center, located at 431 North Phillips Avenue in Sioux Falls, SD, is a historic multi-tenant office building totaling approximately 57,200 square feet over multiple floors. Constructed in 1896, the building is classified as Class B and situated in the city’s Historic Downtown District. With frontage along Phillips Avenue, the property offers high walkability and accessibility to nearby shops, cafes, green spaces, and cultural landmarks, including Falls Park and the Sculpture Walk. The building utilizes a gross lease structure for tenants, delivering professional office environments with modern amenities while retaining its architectural character. Municipal utilities are provided, and the property benefits from its close proximity to major downtown roadways and public parking options.

Property Flyers

Major Tenants

Tenant SF Occupied Lease End Date
9 Clouds, Llc
Cetera Services
Chef Lance's on Phillips
Christensen Law Office, PC
Hagan Insurance Group
HR Green, Inc. 6/30/2016
Koch Hazard Architects, Inc.
Rehfeld's Modern fine art & framing

Public Transportation

AirportDriveWalkDistance
Joe Foss Field 19 min - 4.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 25
Type: Surface
Included in Rent: Yes
Stacey Sieverding 605-728-1390 Berkshire Hathaway HomeServices Midwest Realty
Stacey Sieverding 605-728-1390 Berkshire Hathaway HomeServices Midwest Realty