The Dakota

For Sale

3200 W Russell St, Sioux Falls, SD 57107

This Sioux Falls property for sale is located at 3200 W Russell St. The general use of The Dakota is other and it incorporates 54,722 square feet of class C other space. The current listed sale price for The Dakota is $5,500,000. The Dakota is situated on a lot that is 4 acre in size.

Contacts

broker
Dale Zomer

NAI Sioux Falls

Property Details

  • Property Type Other
  • Property Size 54,722 SF
  • Units 98
  • Lot Size 4 Acre
  • Building Class C
  • Year Built 1975
  • Date Updated Jan 24, 2025
The Hotel is easily accessible from Interstate 29 and Russell Street.98 Guestrooms + Manager’s Apartment Price per key: $56,122 Revenue T12 June 2024: $1,377,953 Occupancy T12 June 2024: 70% ADR T12 June 2024: $53.92 NOI T12 June 2024: $274,033 Net Operating Percentage T12 June 2024: 19.9% Two-story, Interior Corridor Hilton, IHG, and other Brand Conversion Opportunity Discount to Replacement Cost Growing Population in an Expanding Market Co-listed with Avison Young
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Highlights

  • 98 Guestrooms + Manager’s Apartment
  • Price per key: $56,122
  • Revenue T12 June 2024: $1,377,953
  • Occupancy T12 June 2024: 70%
  • ADR T12 June 2024: $53.92
  • NOI T12 June 2024: $274,033
  • Net Operating Percentage T12 June 2024: 19.9%
  • Two-story, Interior Corridor
  • Hilton, IHG, and other Brand Conversion Opportunity
  • Discount to Replacement Cost
  • Growing Population in an Expanding Market
  • Co-listed with Avison Young

Getting around

  • 21/100

    Walk Score ®

  • 16/100

    Transit Score ®

  • 56/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Sioux Falls, SD
  • Neighborhood Knewel's
  • Zip Code 57107

Points of Interest

  • Best Taxi Service

    5.02 miles

  • BP

    0.15 miles

  • Cenex

    2.00 miles

  • Kum & Go

    2.23 miles

  • Flying J

    2.24 miles

  • Tesla Destination Charger

    2.50 miles

  • Caseys

    3.36 miles

  • Park & Trails

    0.63 miles

  • Park

    0.69 miles

  • Rental car return (south)

    1.99 miles

  • Economy Parking

    2.00 miles

  • Long-term Parking

    2.08 miles

  • Long term parking

    2.09 miles

  • Falls Park

    2.39 miles

  • Dakotah Lodge

    0.02 miles

  • AmericInn by Wyndham Sioux Falls North

    0.08 miles

  • Guesthouse Inn & Suites Sioux Falls

    0.14 miles

  • Motel 6 Sioux Falls

    0.19 miles

  • Best Western Plus Ramkota Hotel

    0.23 miles

  • Sleep Inn

    0.67 miles

  • Holiday Inn & Suites Sioux Falls - Airport

    0.78 miles

  • Super 8 Sioux Falls Near Convention Center

    1.18 miles

  • Ramada Sioux Falls Airport Hotel & Suites

    1.29 miles

  • Sioux Falls Inn

    1.32 miles

  • The Fruit Truck Market

    1.20 miles

  • Fair Market

    1.21 miles

  • Hy-Vee

    1.69 miles

  • Philippine Oriental Food Store

    1.98 miles

  • ALDI

    2.29 miles

  • Walmart Supercenter

    2.50 miles

  • Co-Op Natural Foods

    2.96 miles

  • Sunshine Foods

    3.04 miles

  • Marshalls

    3.30 miles

  • TJ Maxx

    3.96 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Dale Zomer

NAI Sioux Falls

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