For Sale
$350,000

244 Main St Salem, SD 57058

Retail space, 5,000 sq ft, high potential.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional 5,000 square foot retail shopping center, located at 244 N Main St, Salem, SD 57058, presents a unique investment opportunity. Built in 1949, this two-story building sits on a substantial 6,798 square foot lot, offering ample space and potential for expansion or redevelopment. Currently configured as a hardware store, the property's versatile layout allows for a variety of uses, catering to diverse business needs. The asking price is $350,000, translating to $70 per square foot. Its prime location in the heart of Salem, South Dakota, within McCook County, ensures high visibility and accessibility. The property's strong foundation and established presence make it an attractive proposition for both seasoned investors and entrepreneurs seeking a foothold in a thriving community. This is a chance to acquire a well-situated retail space with significant upside potential in a growing market. The property is being offered for sale by owner.

Highlights

  • 5,000 square foot retail shopping center in Salem, SD.
  • Located at 244 N Main St, Salem, SD 57058.
  • Two-story building on a 6,798 square foot lot, built in 1949.
  • Currently configured as a hardware store, offering versatile layout for various uses.
  • Asking price: $350,000 ($70/SF).

Property Details for 244 Main St

Property type
Lifestyle centers, Power centers
Square Feet
5,000 SF
Year Built
1949
Buildings
1
Stories
2

Location Insight

City
Salem
County
McCook
State
South Dakota
Latitude
43.7261589
Longitude
-97.3869861
244 Main St, Salem, South Dakota

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FAQs

What type of property is this?
Lifestyle center - Retail space, 5,000 sq ft, high potential.
Where is the lifestyle center located?
The property is located at 244 Main St Salem, SD.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 5,000 square foot retail shopping center in Salem, SD.; Located at 244 N Main St, Salem, SD 57058.; Two-story building on a 6,798 square foot lot, built in 1949.
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.
How do I access a private listing?
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Contacts

David Larson
David Larson
Visit Broker Website

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Useful Information

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Main St
Salem, SD 57058

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Main St
Salem, SD 57058

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

244 Main St
  • David Larson
    David Larson
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