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Mixed-Use Commercial Building Opportunity

118 S Dakota Ave Ree Heights, SD 57345

118 S Dakota Ave, Ree Heights, SD, 57345
$129,900
For Sale
$129,900

COMMERCIAL - Ree Heights, SD

Property Size5,420 SF
Lot Size0.57 Acres
Price / SF$23.97
Days on Market113

Property Features for 118 S Dakota Ave

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
Gen Commercial
Security features
Security System
Standard status
Active
APN
7001, 7002, 7003
Size
5,420 SF
Lot size
0.57 Acres

Taxes and HOA fees

Tax Description
Lots 19-23 Block 12 Loves Addition
Tax Annual Amount
362

Utilities

Utilities
Water Available
Heating system
Central
Cooling system
Central Air

Building Details

Year built
1927
Flooring type
Wood, Concrete, Laminate
Building materials
Frame
Roof type
Rubber, Metal
Listing agency Keller Williams Realty Sioux Falls
Listed by Samuel Adams
Added: Apr 1 Updated: Jul 22 at 1:32AM Checked: Jul 22 at 10:06PM
MLS# 22602228

Copyright © 2026 Realtor Association of the Sioux Empire MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This mixed-use commercial building offers three separate business spaces under one ownership, giving flexibility to occupy multiple areas or lease them out. The first space is set up for a bar/restaurant with an existing interior layout, including a seating area in the back. The second unit is designed for retail, with a storefront-style presence suitable for a range of retail concepts. The third space is currently unfinished, providing an adaptable area that can be finished to fit a new office or other compliant commercial layout.

The property is located in Ree Heights, South Dakota, within Gen Commercial zoning. The offering also includes a vacant lot to the north, which may support expansion, additional parking, or future development.

With the building configured as multiple independent spaces and an included adjacent lot, this is a practical option for buyers looking for a multi-space setup with room to evolve the site.

Key Highlights

  • Year built 1927 building with frame construction materials
  • Three separate business spaces: bar/restaurant layout, retail space, and a third unfinished area
  • Central heating and central air conditioning

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Salty Heifer Saloon Bar & Pub

Suggested Use

Grocery & Convenience Store Food Market Bed & Breakfast Hotel & Motel Department Store Bar & Pub

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Salty Heifer Saloon — 118 S Dakota Ave, Ree Heights, SD 57371

FAQs

What type of property is this?
Bar & Pub - Three separate commercial spaces with a bar/restaurant area, retail storefront unit, and an unfinished third space.
Where is this bar & pub located?
The property is located at 118 S Dakota Ave Ree Heights, SD.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: Year built 1927 building with frame construction materials; Three separate business spaces: bar/restaurant layout, retail space, and a third unfinished area; Central heating and central air conditioning
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