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118 N Broadway Ave 3,557 SF 100% Leased Retail Building Miller, SD 57362 $359,000 ($100.93/SF)
INVESTMENT HIGHLIGHTS
- Perfectly located along Hwy 45, it offers excellent visibility, steady foot traffic, and exposure to drive consistent sales.
- Updates to the property include: new central propane heat and air conditioning, a fully replaced roof system and more!
- The business is offered turn-key and is housed in a building that has recently undergone extensive updates.
EXECUTIVE SUMMARY
Here is your chance to own a true main street legacy in Miller, SD! Polly Shoe Store has served generations of loyal customers since 1956—many traveling 60+ miles to shop trusted name-brand footwear, and experience the personal service this iconic business is known for. Perfectly located along Hwy 45, it offers excellent visibility, steady foot traffic, and exposure to drive consistent sales. The business is offered turn-key and is housed in a building that has recently undergone extensive updates—including new central propane heat and air conditioning, a fully replaced roof system (standing seam metal roof plus an EPDM rubber roof with a 20-year warranty), corrected roof pitch for proper drainage, and upgraded electrical and plumbing. Above the store is a fully remodeled 2-bedroom apartment with a separate entrance—ideal for an owner-operator or additional rental income. The apartment features a fun vintage aesthetic with ribbed divider walls, an efficient layout, and a fully functional retro kitchen. (You will appreciate the unique pop-out stovetop and oven that holds temperature and bakes beautifully.) There is also a large rooftop area accessed just off of kitchen that may be perfect for a custom-built patio (buyer to verify requirements for personal or rental use). **Owner may consider selling the current business without the building. Whether you’re looking to continue a beloved retail history, live above your business, or add rental income to the mix—this opportunity has so much to offer! Own the tradition. Grow the future. Welcome to Polly Shoe Store.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
3,557 SF
Building Class
C
Year Built/Renovated
1942/2025
Price
$359,000
Price Per SF
$100.93
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.85
Lot Size
0.10 AC
Zoning
C - Commercial
Parking
5 Spaces (1.41 Spaces per 1,000 SF Leased)
Frontage
36’ on North Broadway
AMENITIES
- Tenant Controlled HVAC
- Air Conditioning
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 7858 | Improvements Assessment | $38,345 |
| Land Assessment | $10,863 | Total Assessment | $49,208 |
PROPERTY TAXES
Parcel Number
7858
Land Assessment
$10,863
Improvements Assessment
$38,345
Total Assessment
$49,208
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118 N Broadway Ave
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