For Lease
$72/SF/YR

312 Broadway Ave Valley Springs, SD 57068

Prime location, versatile spaces, high rental income.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional Valley Springs, SD property presents a unique investment opportunity encompassing 4,500 square feet of versatile commercial space. Located on a main road with ample parking, the property comprises multiple units currently generating substantial rental income. The main building features a thriving bar, restaurant, and casino occupying 1,500 square feet, currently leasing for $27,000 per month. An additional 3,000 square feet, currently used as industrial space integrated with the restaurant, offers significant expansion potential. A separate 1,500 square foot shop, identified as "312 Shawd Shop," is also available, currently leased for $9,000 per month. The property's diverse layout, high rental income, and prime location in Minnehaha County make it an ideal investment for a savvy entrepreneur seeking multiple revenue streams. The existing businesses provide a strong foundation for continued success, while the expansive space allows for creative adaptation and future growth. This multi-use property offers endless possibilities for expansion and customization, making it a truly remarkable opportunity in the vibrant Valley Springs market. The property is situated near Jackson Street, providing excellent visibility and accessibility. The total building size is 4,500 square feet, with the current tenants operating under a multiple tenancy agreement.

Highlights

  • 4,500 SF multi-tenant building in Minnehaha County, SD.
  • Located on a main road in Valley Springs, SD, with ample parking.
  • Property includes a 1,500 SF shop (312 Shawd Shop) currently renting for $9,000/month.
  • Also includes a 4,500 SF bar/restaurant/casino (316-320) with 1,500 SF dedicated to the bar/casino and 3,000 SF used as additional restaurant space, currently renting for $27,000/month.

Property Details for 312 Broadway Ave

Property type
Warehouses, Specialty properties
RSF (Rentable sq. ft)
4,500 SF

Unit(s) available at that property

Space
312 Shawd Shop
Size
1,500 SF
Rate per SF
$72
Space
316-320 Bar and Restaurant
Size
4,500 SF
Rate per SF
$72

Location Insight

City
Valley Springs
County
Minnehaha
State
South Dakota
Latitude
43.58267213415
Longitude
-96.468423315831

FAQs

What type of property is this?
Warehouse - Prime location, versatile spaces, high rental income.
Where is the warehouse located?
The property is located at 312 Broadway Ave Valley Springs, SD.
What is the lease rate?
The lease rate is $72/SF/YR.
What are key features of this property?
This property features: 4,500 SF multi-tenant building in Minnehaha County, SD.; Located on a main road in Valley Springs, SD, with ample parking.; Property includes a 1,500 SF shop (312 Shawd Shop) currently renting for $9,000/month.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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312 Broadway Ave
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