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    Salem, SD

    Salem, SD Commercial Real Estate for Sale

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    Canistota, SD Humboldt, SD Madison, SD
    Bar and Grill Entertainment Space
    Updated: May 1
    Bar and Grill Entertainment Space

    630 E Ruton Ave, Salem, SD 57058

    $250,000
    2.56 AC lot
    Frame construction bar and grill entertainment space built in 1991
    Expansive reception/dining area for large gatherings and events
    Gaming zone includes dartboards and arcade games
    Large kitchen area with a huge cooler and ample storage for smooth operations
    Central heating and central air conditioning
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    Main Street Retail Opportunity
    Updated: Nov 10, 2025
    Main Street Retail Opportunity

    110 N Main St, Salem, SD

    $485,000
    936 sqft · 0.39 AC lot
    Turnkey business opportunity with real estate, FF&E included.
    Prime Main Street location with Commercial General zoning.
    Opportunity for expansion due to lot size.
    Well‑maintained office building constructed in 1996.
    Current owner willing to train new owner.
    View details
    Industrial Lots in Salem, SD
    Industrial Lots in Salem, SD

    301 Douglas St, Salem, SD 57058

    Contact for pricing
    5.83 AC lot

    Industrial lots available in Salem, SD near US Highway 81.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 3 Active listings in Salem, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Established Restaurant and Lounge For Sale
    Established Restaurant and Lounge For Sale

    1407 NW 2nd St, Madison, SD

    $599,900
    8,900 sqft · 2.34 AC lot

    Restaurant and lounge with meeting and banquet rooms available for sale.

    View details
    Commercial Land on Washington Avenue
    Commercial Land on Washington Avenue

    400 S Block Washington Ave, Madison, SD 57042

    $114,900
    0.31 AC lot

    Commercial land with utilities on a busy road in Madison.

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    I-90 Speedway Business Opportunity
    I-90 Speedway Business Opportunity

    46052 Sd Highway 38, Hartford, SD

    $1,900,000
    243,984 sqft · 40.29 AC lot

    60 acres with I-90 Speedway, a turnkey operation.

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    Hartford Land for Retail Development
    Hartford Land for Retail Development

    207 S Western Ave, Hartford, SD

    $299,000
    3.38 AC lot

    Land available in Hartford, SD, for retail development.

    View details

    Off-Market Properties in Salem, SD

    Consider similar Off-Market properties in Salem, SD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    740 Hl St
    COMMERCIAL (GENERAL)

    740 Hl St, Salem, SD 57058-8760

    $520,000
    Estimated value
    View details
    241 Main St
    COMMERCIAL (GENERAL)

    241 Main St, Salem, SD 57058

    Value Estimation by Request
    0.23 AC lot
    View details
    231 Main St
    COMMERCIAL (GENERAL)

    231 Main St, Salem, SD 57058-2004

    Value Estimation by Request
    616 sqft · 0.08 AC lot
    View details
    Salem, SD 57058
    COMMERCIAL (GENERAL)

    Salem, SD 57058

    Value Estimation by Request
    1.17 AC lot
    View details
    701 Nebraska St
    COMMERCIAL (GENERAL)

    701 Nebraska St, Salem, SD 57058-8918

    Value Estimation by Request
    2,060 sqft · 0.50 AC lot
    View details
    Salem, SD 57058
    COMMERCIAL (GENERAL)

    Salem, SD 57058

    Value Estimation by Request
    13.31 AC lot
    View details
    401 Hollister Ave
    COMMERCIAL (GENERAL)

    401 Hollister Ave, Salem, SD 57058-8737

    Value Estimation by Request
    0.90 AC lot
    View details
    Salem, SD 57058
    COMMERCIAL (GENERAL)

    Salem, SD 57058

    Value Estimation by Request
    3,840 sqft · 0.26 AC lot
    View details
    44102 251st St
    COMMERCIAL (GENERAL)

    44102 251st St, Salem, SD 57058-5500

    $1,225,000
    Estimated value
    6,816 sqft · 4.50 AC lot
    View details
    25364 Us Hwy 81
    COMMERCIAL (GENERAL)

    25364 Us Hwy 81, Salem, SD 57058-5535

    Value Estimation by Request
    6.33 AC lot
    View details
    Salem, SD 57058
    COMMERCIAL (GENERAL)

    Salem, SD 57058

    Value Estimation by Request
    0.24 AC lot
    View details
    141 Main St
    COMMERCIAL (GENERAL)

    141 Main St, Salem, SD 57058

    $1,280,000
    Estimated value
    7,120 sqft · 0.30 AC lot
    View details
    Salem, SD 57058
    COMMERCIAL (GENERAL)

    Salem, SD 57058

    Value Estimation by Request
    0.23 AC lot
    View details
    351 Douglas St
    COMMERCIAL (GENERAL)

    351 Douglas St, Salem, SD 57058-8603

    Value Estimation by Request
    2.96 AC lot
    View details
    Salem, SD 57058
    COMMERCIAL (GENERAL)

    Salem, SD 57058

    Value Estimation by Request
    0.84 AC lot
    View details
    301 Brown Ave
    COMMERCIAL (GENERAL)

    301 Brown Ave, Salem, SD 57058-8715

    Value Estimation by Request
    1,344 sqft · 0.27 AC lot
    View details
    Salem, SD 57058
    COMMERCIAL (GENERAL)

    Salem, SD 57058

    Value Estimation by Request
    6.51 AC lot
    View details
    401 Nebraska St
    COMMERCIAL (GENERAL)

    401 Nebraska St, Salem, SD 57058-8944

    Value Estimation by Request
    1,737 sqft · 0.64 AC lot
    View details
    100 Nebraska St
    COMMERCIAL (GENERAL)

    100 Nebraska St, Salem, SD 57058

    Value Estimation by Request
    0.36 AC lot
    View details
    131 Vermont Ave
    COMMERCIAL (GENERAL)

    131 Vermont Ave, Salem, SD 57058

    Value Estimation by Request
    2,304 sqft · 0.35 AC lot
    View details
    Main Salem Data Servic
    COMMERCIAL (GENERAL)

    Main Salem Data Servic, Salem, SD 57058

    Value Estimation by Request
    936 sqft · 0.39 AC lot
    View details

    Salem, SD Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Salem, SD, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 11,646 square feet of properties for sale, with an estimated market value of $1,615,925.

    Sale prices for business properties in Salem, SD start at $130,000, averaging $538,641, and reaching up to $1,000,925 — 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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    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Salem submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    57058 $625.5K

    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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