One River Place

600 Stevens Port Dr, Dakota Dunes, SD

IN CONTRACT

$3,100,000

Price

31,000 sqft

Building Size

4.17 acres

Lot Area

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Street
Map
Overview
Building Size
31,000 sqft
Lot Area
4.17 acres
Occupancy
50%
Class
A
Units
8
Year Built
1991
Floors
3
Parking Spots
119
Description

One River Place is a beautiful 3-story office building built by MidAmerican Energy in 1991 to kick off the Dakota Dunes Corporate Campus on the east side of I-29 bordering Two Rivers Golf Club. At $100 psf, the price leaves room for a buyer to update the building at a fraction of the cost to build new, estimated at $400 psf+. The building is 50% vacant with short term leases, so is ideal for an owner/user. Recent capital improvements include parking lot resurfacing, HVAC compressors, two boilers, window sealing, landscaping and a new roof in September of 2018.

Dakota Dunes, SD

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