This piece is sponsored by LifeScape.
The nearly seven-acre LifeScape property in central Sioux Falls has been listed for sale as the organization prepares to transition to its new campus.
The real estate opportunity includes two buildings at 2501 and 2505 W. 26th St. totaling nearly 132,000 square feet.
“This is a very rare offering,” said Marcus Mahlen of NAI Sioux Falls, the property’s listing broker. “It’s uncommon to find a property available in the middle of Sioux Falls with this many plug-and-play amenities already in place for institutional users.”
Completed in 1951, the property includes nearly 200 surface parking stalls, a full-service kitchen, residential space, classrooms, offices, a gymnasium with basketball court, indoor pool, loading dock and elevator access.
The buildings have been extensively updated, including roof replacements in 2018 and 2019 and a new chiller system installed in 2022.
“The property has been very well maintained during its entire history with on-site maintenance staff,” Mahlen said.
At an asking price of $9.9 million, he sees significant value for potential buyers…