735 Main StDeadwood, SD 57732

Property Details for 735 Main St

Year built

1942

Lot size

0.04 AC

Property size (Sq ft)

1,432 SF

Property type

Showrooms

APN

30600-00200-030-10

APU

306000020003010

Description

This exceptional 1,630 square foot commercial building, situated on a 0.15-acre lot at 735 Main Street in the heart of Deadwood, South Dakota, presents a rare investment opportunity. Built in 1942 and tastefully remodeled in 2006, this brick structure seamlessly blends historic character with contemporary conveniences. Original hardwood floors, meticulously refinished, and solid oak doors contribute to its timeless appeal. High ceilings and crown molding add to the sophisticated ambiance, enhanced by mission-style dГ©cor and period-appropriate lighting fixtures. A welcoming gas fireplace creates a warm and inviting atmosphere. Expansive storefront windows flood the interior with natural light, showcasing the property's elegant interior. The building's prime location offers unparalleled access to Deadwood's vibrant downtown, placing it within easy walking distance of casinos, restaurants, and bars. A dedicated parking space adds to the property's convenience and desirability. This unique blend of history, luxury, and prime location makes this an exceptional opportunity for discerning investors and business owners seeking a truly remarkable property in a thriving South Dakota town. The asking price is $599,000.

• CAP approach

  CAP return

  Valuation

  6%

  $502,946

  6.5%

  $464,258

  7%

  $431,097

• Comparable approach

  Method

  Valuation

  Relative Method

  $947,585

  Geo Method

  $298,146

• Alternative Use

  Use

  Valuation

  Residential

  $391,619

  Hospitality

  $358,721

  Educational

  $298,452

  Medical

  $308,716

  Retail

  $464,258

Location Insight

City

Deadwood

County

Lawrence

State

South Dakota

Latitude

44.3748

Longitude

-103.732

CBSA code

43940

CBSA name

SPEARFISH, SD MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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