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1012 Main St 4,320 SF Retail Building Sturgis, SD 57785 $475,000 ($109.95/SF)

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INVESTMENT HIGHLIGHTS

  • Frontage and visibility on Main St.

EXECUTIVE SUMMARY

This 25' wide, 2802 sq. ft. main floor retail and office building is located in the first block of Main Street in the heart of the Sturgis Motorcycle Rally and the Sturgis downtown business district. Many updates, improvements and remodeling have been done to this building. Interior features tall ceilings with new LED lighting, open Grid and Slot walls for merchandise displaying, extra outlets throughout, commercial flooring, ceiling fans, two bathrooms and one w/ shower, large office area plus an additional room with loft. The full basement has a concrete floor, several rooms, open for easy access to utilities and 2250 sq. ft. of usable space. Exterior updates include 3 double all glass front doors, awnings, signage area, lighting and a new sidewalk. New commercial rubber roof was installed in fall of 2023. The back of the building has paved off street parking for 2-4 vehicles, new paint & stain, concrete alley access with two rear entrances and lighting. This prime location for year around business, motorcycle rally vending and annual events like the Sturgis Mustang Rally, plus others that make this a good income and investment property. Currently used as a Retail Supply outlet, and for Rally Rental in August.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,320 SF
Building Class
C
Year Built
1900
Price
$475,000
Price Per SF
$109.95
Tenancy
Single
Building Height
2 Stories
Building FAR
1.11
Lot Size
0.09 AC
Zoning
GC-1 - General Commercial District
Parking
2 Spaces (0.46 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01.50.01.03
Land Assessment
$108,000
Improvements Assessment
$176,146
Total Assessment
$284,146
  • Listing ID: 35378805

  • Date on Market: 4/4/2025

  • Last Updated:

  • Address: 1012 Main St, Sturgis, SD 57785

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