333 Heritage DrSpearfish, SD 57783

  • Showrooms
  • 5,000 SF
For Sale
$875,000 View listing

Property Details for 333 Heritage Dr

Year built
2004
Lot size
0.40 AC
Property size (Sq ft)
5,000 SF
Property type
Showrooms
APN
32210-13030-060-20
APU
322101303006020

Description

Exceptional investment opportunity: a three-unit, 5,300 square foot retail shopping center in Spearfish, South Dakota, is available for sale/leaseback. This single-story, 2004-built property sits on a 0.4-acre lot and boasts 100% occupancy with three tenants. The center is strategically located just south of Exit 14, a high-traffic area surrounded by car dealerships, restaurants, national retailers, and hotels, placing it in close proximity to a thriving commercial hub. The property features a convenient mix of office/retail and warehouse space, and is situated near the new Knecht's Home Center. Originally designed as a five-unit building, it currently houses three tenants, two of which are long-term. The low-maintenance building is constructed with durable metal siding and roofing, includes exterior lighting, and features a concrete parking lot with 18 designated parking spaces, plus additional space in the rear for parking or storage. The property is zoned Highway Service Commercial. Asking price is $875,000. This is a prime opportunity for investors seeking a stable, high-traffic retail investment in a growing South Dakota market.

Location Insight

City
Spearfish
County
Lawrence
State
South Dakota
Latitude
44.4747
Longitude
-103.81
CBSA code
43940
CBSA name
SPEARFISH, SD MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$5,863
$65,340
$291,630
$356,970
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