417 Main AveLemmon, SD 57638

Property Details for 417 Main Ave

Year built

1999

Lot size

0.32 AC

Property size (Sq ft)

6,308 SF

Property type

Other commercial real estate

APN

01-0101-009-0021-000-0-0-00000

APU

9223372036854775807

Description

This exceptional Lemmon, South Dakota commercial property, located at 417 Main Ave, presents a lucrative investment opportunity. The 6,308 square foot building, constructed in 1988, sits on a 0.32-acre lot and is zoned for commercial use. Currently operating as a multifaceted business, the property includes a well-established gas station with updated pumps, a convenience store, and a video lottery lounge, all contributing to a strong revenue stream. An adjacent laundry mat provides additional income potential. The single-story building is impeccably maintained, offering a clean and inviting atmosphere for customers. A two-stall attached garage, previously used for auto service, adds versatility and further income possibilities. The asking price is $315,000, translating to $50 per square foot. This turnkey operation is ready for a new owner to capitalize on its established success and diverse income streams. The property's prime Main Street location in Lemmon, SD (zip code 57638) ensures high visibility and accessibility. Don't miss this chance to acquire a thriving, established business with significant upside potential.

• Alternative Use

  Use

  Valuation

  Residential

  $1,725,093

  Hospitality

  $1,580,176

  Educational

  $1,314,688

  Medical

  $1,359,902

  Retail

  $2,045,070

Location Insight

City

Lemmon

County

Perkins

State

South Dakota

Latitude

45.9402

Longitude

-102.16

Property Tax & Assessments

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