For Sale
$575,000

311 Main St Platte, SD 57369

Prime Platte storefront, 11,372 SF, $575,000

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional three-story, 11,372 square foot retail storefront building is located at 311 Main Street in the heart of Platte, South Dakota (zip code 57369). Originally a hotel, the building has been thoughtfully renovated, featuring a modern main floor retail space ideal for a variety of businesses. The main floor boasts a functional commercial hood system, perfect for food-related ventures. Above the retail space is a renovated, attractive 4-bedroom, 1.5-bathroom apartment, offering additional income potential or owner occupancy. The upper 1.5 floors present a significant opportunity for restoration and expansion, adding considerable value to the property. A functional lower level provides further space for storage or development. The building features a beautiful brick exterior with multiple entrances directly onto Main Street, ensuring high visibility and accessibility. Recent improvements include a new Firestone roof membrane installed in 2022 and 36 new windows (with 7 additional windows on-site). The property's proximity to the Missouri River and abundant hunting land presents unique opportunities for businesses catering to outdoor enthusiasts. This investment offers a compelling blend of existing income, renovation potential, and a prime location in a thriving South Dakota community. The asking price is $575,000, with a price per square foot of $50.56. An existing antique business is also available for sale

Highlights

  • Three-story, 11,372 SF retail building at 311 Main Street, Platte, SD 57369.
  • Main floor features a commercial hood system, ideal for food businesses.
  • Includes a renovated 4-bed, 1.5-bath apartment offering additional income.
  • Upper 1.5 floors offer significant renovation/expansion potential.
  • Features a functional lower level for storage or development.
  • Beautiful brick exterior with multiple Main Street entrances.

Property Details for 311 Main St

Property type
Retail properties, Retail space
Square Feet
11,372 SF
Stories
3

Location Insight

City
Platte
County
Charles Mix
State
South Dakota
Latitude
43.3876445
Longitude
-98.8444594

FAQs

What type of property is this?
Retail property - Prime Platte storefront, 11,372 SF, $575,000
Where is the retail property located?
The property is located at 311 Main St Platte, SD.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Three-story, 11,372 SF retail building at 311 Main Street, Platte, SD 57369.; Main floor features a commercial hood system, ideal for food businesses.; Includes a renovated 4-bed, 1.5-bath apartment offering additional income.
How can I contact the broker?
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311 Main St
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