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    Salem, SD
    Automotive

    Salem, SD Automotive Properties for Sale

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    Montrose, SD Madison, SD Canistota, SD Humboldt, SD Bridgewater, SD Colton, SD Hartford, SD Wentworth, SD
    Gas Station with Multi-Use Space
    Updated: Aug 31
    Gas Station with Multi-Use Space

    241 N Nebraska St, Salem, SD 57058

    $500,000
    5,500 sqft 0.57 AC lot
    5,500‑square‑foot commercial building on 0.5682 acres
    Currently used for gas station and convenience store operations
    Interior includes café, senior meal service, lounge, casino, and vehicle storage functions
    Commercial zoning designation
    Masonry and metal siding construction completed in 1964
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Salem, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mega Saver Gas Station
    Mega Saver Gas Station

    501 North Minnesota Avenue, Sioux Falls, SD 57104

    Contact for pricing
    3,431 sqft

    Convenience retail with fuel service, wireless products, repairs, and accessories under one roof.

    View details
    Mammoth Triple-Net Car Wash
    Mammoth Triple-Net Car Wash

    6345 S Louise Ave, Sioux Falls, SD 57108

    Contact for pricing
    4,790 sqft 0.89 AC lot

    Car wash facility on 0.89 acres with a 20-year absolute triple-net lease in place since June 28, 2019.

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    Mixed-Use Bar, Restaurant and Convenience Store
    Mixed-Use Bar, Restaurant and Convenience Store

    407 Bill Davis Street, Egan, SD 57024

    Contact for pricing

    Combined hospitality, retail, and fuel operation with event space, commercial kitchen, and convenience-store amenities.

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    Gas Station with Bar and Restaurant
    Gas Station with Bar and Restaurant

    407 Bill Davis St Hwy 34 St, Egan, SD 57024

    $650,000
    0.75 AC lot

    Combined fuel, convenience, dining, and beverage operation with outdoor event space.

    View details

    Salem, SD Automotive Properties Market Trends and Statistics

    Explore 1 automotive properties for sale in Salem, SD on our real estate platform. These investment opportunities span a total of 5,500 square feet of properties for sale, with an estimated market value of $500,000.

    Sale prices for automotive businesses in Salem, SD average $500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Gas stations 1

    Demographics Overview

    Population 1,792
    Population Growth (5Y) -12.5%
    Median Household Income $79,119
    College Educated 34.8%

    Taxes & Financing

    Tax Rate (average for all types) 1.67%
    Property Tax per SF $31.54 per SF
    Tax Rate vs County Average 0.07 pp above county avg
    Average Loan-to-Value 65.0%

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