508 Main St Lead, SD 57754

This exceptional investment opportunity presents a thriving downtown Lead laundromat situated on a 0.04-acre lot at 508 Main Street. The property boasts a long-standing history as a beloved local business, ensuring a consistent revenue stream. A recent renovation has added a secondary lease space, significantly increasing the property's income potential. This newly remodeled area offers flexibility for various uses, potentially expanding the laundromat's operations or serving as independent rental units. Furthermore, a new office space is included, providing additional rental income opportunities. The existing tenants in the back areas may have the option to continue their leases, with terms to be negotiated with the new owner. This presents a unique chance to acquire a turnkey operation with immediate income generation and significant upside potential through further development or lease management. The property is priced at $499,000 and offers a compelling blend of established business and flexible rental spaces in a prime downtown location. The size of the building is not specified in the provided information. This presents a rare opportunity to own a piece of Lead's vibrant commercial landscape. Serious inquiries are encouraged.