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Second Street Commercial Building 115 2nd SE st 5,200 SF 100% Leased Retail Building De Smet, SD 57231 $312,000 ($60/SF)
Investment Highlights
- High Demand Short Term Rental for Tourism & Hunting and Fishing
- Just off Calumet Ave De Smet's "Main Street"
- Well Established Location
- Revenue Generating Property
Executive Summary
Investment Opportunity! Commercial Property FOR SALE in DeSmet South Dakota
Offered at $312,000
Property Address 111-115 2ND Street SE, DeSmet SD, 57231
Property Features
2 Short-Term Rental Units with Housekeeping Laundry Room. 24/7 Tanning Salon. Full Service Hair Salon - this space could also be potential for office/retail rental! Buyer could also turn this space into commercial office or retail! Great rental opportunity and incredible potential!
For sale by owner. Contact Victoria (605)203-1101
$312,000 111-115 2nd Street SE, De Smet, SD 57231
Offered at $312,000
Property Address 111-115 2ND Street SE, DeSmet SD, 57231
Property Features
2 Short-Term Rental Units with Housekeeping Laundry Room. 24/7 Tanning Salon. Full Service Hair Salon - this space could also be potential for office/retail rental! Buyer could also turn this space into commercial office or retail! Great rental opportunity and incredible potential!
For sale by owner. Contact Victoria (605)203-1101
$312,000 111-115 2nd Street SE, De Smet, SD 57231
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,200 SF
Building Class
C
Year Built
1952
Price
$312,000
Price Per SF
$60
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.52
Lot Size
0.23 AC
Frontage
92’ on 2nd Street Southeast
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 5574 | Improvements Assessment | $71,243 |
| Land Assessment | $52,148 | Total Assessment | $123,391 |
Property Taxes
Parcel Number
5574
Land Assessment
$52,148
Improvements Assessment
$71,243
Total Assessment
$123,391
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Second Street Commercial Building | 115 2nd SE st