The Jones Building at 421 N Phillips Avenue, Sioux Falls

Unit 301 · The Jones Building · Downtown Sioux Falls

A Landmark Loft in the Heart of Downtown Sioux Falls

Approximately 2,500 square feet of architect-designed loft living in the historic Jones Building — three bedrooms, two and a half baths, two parking spaces, and the best of Phillips Avenue at your doorstep.

$1,700,000
Schedule a Private Showing View the Residence
$1,700,000 3 Bed 2.5 Bath 2,500± Sq Ft 2 Garage Spaces w/ EV Charging

The Residence

Lofts of this scale rarely come to market in downtown Sioux Falls — and few anywhere combine this much space with this level of finish.

Unit 301 offers approximately 2,500 square feet of open, light-filled living with tall ceilings and wooden floors throughout: the volume and character of a true loft, with the layout of a family-sized home. Three genuine bedrooms and two and a half baths mean this residence works in ways most downtown condos can't — room for a family, dedicated guest quarters, a serious home office, or all three at once.

The main living space centers on a gas fireplace beneath soaring ceilings, with a Jenn-Air-appointed kitchen built for real cooking. The primary suite is its own retreat: a second gas fireplace, heated floors, and full bath. Outside, a private deck with a gas grill hookup extends the living space into the open air.

The entire residence runs on an integrated Crestron system — whole-home audio through built-in speakers, automated sun blinds, and unified entertainment control.

Jenn-Air-appointed kitchen
Main living room with gas fireplace Primary suite

At a Glance

3 bedrooms | 2.5 bathrooms | approximately 2,500 square feet
Tall ceilings; wooden floors throughout
Two gas fireplaces (main living room and primary suite)
Heated floors in the primary bedroom
Crestron home automation: whole-home speaker system, entertainment, and sun blind control
Jenn-Air appliances throughout
Private deck with gas grill hookup
Dedicated laundry room with washer/dryer
Two spaces in the building's climate-controlled garage, one with EV charging
HOA: approximately $800/month — covers building insurance, exterior and common-area maintenance, water/sewer, trash, snow removal, and natural gas service (including both fireplaces and the deck grill).

Floor Plan

Unit 301 floor plan: living room, dining area and kitchen, foyer, three bedrooms, two full baths and a powder room, and a walk-in closet off the primary suite
Three-dimensional rendering of the Unit 301 floor plan

Measurements deemed highly reliable but not guaranteed. A printable floor plan is available in the documents.

The Jones Building

Some addresses come with a story.

Built in 1909 as the O.S. Jones Seed Company, the Jones Building is listed on the National Register of Historic Places as a contributing structure in Sioux Falls' Old Courthouse and Warehouse District.

In 2017, an architect-led redevelopment transformed the building into something Sioux Falls had never seen: a street-level marketplace of independent local businesses beneath 32 privately owned residences. The renovation preserved the building's industrial soul — exposed cast-in-place concrete, original columns and beams — while adding modern construction, a courtyard, and private balconies.

The Jones Building exterior on North Phillips Avenue
Jones 421 Market courtyard Coffee shop in the Jones 421 Market

Downstairs, not down the street.

The first-floor Jones 421 Market is home to a rotating community of local businesses — a coffee shop, bakery, and boutique shops among them. Morning coffee is an elevator ride, not an errand.

Downtown Living

Step out the front door and you're already there.

Steps from everything

The Levitt at the Falls, the Steel District, and the shops and restaurants of Phillips Avenue are all a short walk away. Concert nights, farmers markets, First Fridays, the river greenway — this is downtown living without a car key in sight. (And when you do drive, your two spaces in the climate-controlled garage — one with EV charging — are waiting.)

A vibrant, walkable community

This stretch of downtown has become the center of gravity for Sioux Falls — new development at the Steel District across the street, an established dining and arts scene on Phillips, and a building full of neighbors who chose to live in the middle of it all.

For Agents

We welcome and cooperate with buyer's agents.

Showings

All showings are scheduled through this site's booking page. Please schedule in advance; we're happy to accommodate your client's timeline.

Compensation

Seller will consider buyer's agent compensation as part of any written offer. Agents: contact us before your showing and we'll confirm terms in writing, so there are no surprises at the table.

This property is offered for sale by owner and is not listed with any brokerage.

Documents

Property disclosures, HOA documents, and the floor plan are available in the documents section.

Documents

Available for review by serious buyers and their agents

Documents are provided to serious buyers and their agents — request access via the contact form or when scheduling a showing.

Seller's Property DisclosureAvailable on request
HOA Bylaws & CovenantsAvailable on request
HOA Financials / Dues SummaryAvailable on request
Floor PlanAvailable on request
Crestron system overview / included equipment listAvailable on request

Utilities

Electric is separately metered to the unit, and the residence has its own dedicated HVAC system with zone control — you set your own temperatures, room by room. Natural gas, water, sewer, and trash are covered by the HOA. Utility history available to serious buyers on request.

Schedule a Showing

See It in Person

Private showings are available by appointment. Select a time below, or send us a note with any questions.

Loading the booking calendar…

Calendar not loading? Book a private showing on Cal.com ↗

Are you currently working with a real estate agent?
Have you been pre-approved for financing, or will this be a cash purchase?