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    Salem, SD
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    • Retail
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    Salem, SD Commercial Real Estate for Sale

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    Canistota, SD Humboldt, SD Madison, SD
    Bar and Grill Entertainment Space
    $250,000
    2.56 Acres

    Bar and Grill Entertainment Space

    630 E Ruton Ave, Salem, SD 57058

    Bar and grill with gaming zone in prime location.

    • Prime location with fantastic visibility and easy access.
    • Expansive reception/dining area perfect for large gatherings/events.
    • Enjoy the lively gaming zone with dartboards and arcade games.
    • Large kitchen area with huge cooler.
    • Ample parking to accommodate a crowd.
    Updated: May 1
    View details
    Main Street Retail Opportunity
    $590,000
    936 SF

    Main Street Retail Opportunity

    110 N Main St, Salem, SD

    Established retail property on Main Street, Salem, South Dakota.

    • 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.
    Updated: Nov 10, 2025
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    Dollar General Store in Salem
    $1,000,925
    9,100 SF

    Dollar General Store in Salem

    Established Dollar General store in Salem, South Dakota for sale.

    131 N Nebraska St, Salem, SD 57058
    View details
    Turnkey Restaurant/Coffee Shop Opportunity
    $130,000
    1,610 SF

    Turnkey Restaurant/Coffee Shop Opportunity

    Turnkey restaurant/coffee shop with character, charm, and outdoor seating.

    116 E Vermont Ave, Salem, SD
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    Industrial Lots in Salem, SD
    Contact for pricing
    5.83 Acres

    Industrial Lots in Salem, SD

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

    301 Douglas St, Salem, SD 57058
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    Based on your search, we've compiled 174 Potential Opportunities for your consideration. Besides 5 Active listings in Salem, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 165 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
    $649,900
    8,900 SF

    Established Restaurant and Lounge For Sale

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

    1407 NW 2nd St, Madison, SD
    View details
    New Industrial Shop Units Available
    $2,800,000
    34,200 SF

    New Industrial Shop Units Available

    New industrial shop units for sale, built in 2024.

    1301-1337 John Deere Circle, Madison, SD 57042
    View details
    I-90 Speedway Business Opportunity
    $1,900,000
    243,984 SF

    I-90 Speedway Business Opportunity

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

    46052 Sd Highway 38, Hartford, SD
    View details
    Hartford Land for Retail Development
    $295,000
    3.38 Acres

    Hartford Land for Retail Development

    Land available in Hartford, SD, for retail development.

    207 S Western Ave, Hartford, SD
    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

    740 Hl St

    COMMERCIAL (GENERAL)
    Value Estimation
    $520,000
    740 Hl St, Salem, SD 57058-8760
    View details
    241 Main St

    241 Main St

    COMMERCIAL (GENERAL) • 0.23 Acres
    Value Estimation by Request
    241 Main St, Salem, SD 57058
    View details
    231 Main St

    231 Main St

    COMMERCIAL (GENERAL) • 616 SF
    Value Estimation by Request
    231 Main St, Salem, SD 57058-2004
    View details
    Salem, SD 57058

    Salem, SD 57058

    COMMERCIAL (GENERAL) • 1.17 Acres
    Value Estimation by Request
    Salem, SD 57058
    View details
    701 Nebraska St

    701 Nebraska St

    COMMERCIAL (GENERAL) • 2,060 SF
    Value Estimation by Request
    701 Nebraska St, Salem, SD 57058-8918
    View details
    Salem, SD 57058

    Salem, SD 57058

    COMMERCIAL (GENERAL) • 13.31 Acres
    Value Estimation by Request
    Salem, SD 57058
    View details
    401 Hollister Ave

    401 Hollister Ave

    COMMERCIAL (GENERAL) • 0.90 Acres
    Value Estimation by Request
    401 Hollister Ave, Salem, SD 57058-8737
    View details
    Salem, SD 57058

    Salem, SD 57058

    COMMERCIAL (GENERAL) • 3,840 SF
    Value Estimation by Request
    Salem, SD 57058
    View details
    44102 251st St

    44102 251st St

    COMMERCIAL (GENERAL) • 6,816 SF
    Value Estimation
    $1,225,000
    44102 251st St, Salem, SD 57058-5500
    View details
    25364 Us Hwy 81

    25364 Us Hwy 81

    COMMERCIAL (GENERAL) • 6.33 Acres
    Value Estimation by Request
    25364 Us Hwy 81, Salem, SD 57058-5535
    View details
    Salem, SD 57058

    Salem, SD 57058

    COMMERCIAL (GENERAL) • 0.24 Acres
    Value Estimation by Request
    Salem, SD 57058
    View details
    141 Main St

    141 Main St

    COMMERCIAL (GENERAL) • 7,120 SF
    Value Estimation
    $1,280,000
    141 Main St, Salem, SD 57058
    View details
    Salem, SD 57058

    Salem, SD 57058

    COMMERCIAL (GENERAL) • 0.23 Acres
    Value Estimation by Request
    Salem, SD 57058
    View details
    351 Douglas St

    351 Douglas St

    COMMERCIAL (GENERAL) • 2.96 Acres
    Value Estimation by Request
    351 Douglas St, Salem, SD 57058-8603
    View details
    Salem, SD 57058

    Salem, SD 57058

    COMMERCIAL (GENERAL) • 0.84 Acres
    Value Estimation by Request
    Salem, SD 57058
    View details
    301 Brown Ave

    301 Brown Ave

    COMMERCIAL (GENERAL) • 1,344 SF
    Value Estimation by Request
    301 Brown Ave, Salem, SD 57058-8715
    View details
    Salem, SD 57058

    Salem, SD 57058

    COMMERCIAL (GENERAL) • 6.51 Acres
    Value Estimation by Request
    Salem, SD 57058
    View details
    401 Nebraska St

    401 Nebraska St

    COMMERCIAL (GENERAL) • 1,737 SF
    Value Estimation by Request
    401 Nebraska St, Salem, SD 57058-8944
    View details
    100 Nebraska St

    100 Nebraska St

    COMMERCIAL (GENERAL) • 0.36 Acres
    Value Estimation by Request
    100 Nebraska St, Salem, SD 57058
    View details

    Salem, SD Commercial Real Estate Investment Opportunities Market Analysis

    Explore 170 commercial real estate for sale in Salem, SD, showcased through 5 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 $1,720,925.

    Sale prices for business properties in Salem, SD start at $130,000, averaging $573,641, 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 Strategic Investment

    Identify Salem submarkets with the highest inventory density on the market and evaluate the median 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 sq ft
    Tax Rate vs County Average 0.07 pp above county avg
    Average Loan-to-Value 65.0%

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