Building Details

Year built 1910

Floors in Building 1

Building materials Wood Siding, Brick

Roof type Asphalt

Listing Agency: Farmers National Company Show Phone

Listed By: Brent Veurink Show Phone

Added: Apr 28 Changed: Aug 4 Last Checked: Aug 20 at 5:06PM

Report an Issue

MLS# 11736324

Copyright © 2026 My State 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.

Retail space at 407 S Main St in Platte, South Dakota featuring 1,180 square feet of commercial space within a 25' x 140' lot. The building was constructed in 1910 and includes wood siding and brick construction with an asphalt roof.

Interior improvements were completed in 2019, including new flooring, updated lighting, and partial electrical improvements, plus a new roof. A new water heater was also installed more recently. Heating is provided by zoned forced air propane.

This property is set up for a retail or service business and is positioned for visibility along Main Street in downtown Platte.

Key Highlights

• 1,180 SF retail space on a 25' x 140' lot
• Major updates completed in 2019: new flooring, updated lighting, partial electrical improvements
• New roof installed in 2019

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Electrical Service Storage Facility Furniture & Home Goods Pharmacy (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

274

Businesses Nearby

9k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 53% Dining 21% Home Improvements & Furnishings 14% Electronics 12%

Casey's General Store Shops & Services

4,310 visits/mo 0.2 miles

SUBWAY Dining

1,933 visits/mo 0.4 miles

Lieuwen's Hardware, Inc. Home Improvements & Furnishings

1,311 visits/mo 0.1 miles

Verizon Electronics

1,107 visits/mo 0.1 miles

BMO Harris Bank Shops & Services

645 visits/mo 0.1 miles

Demographics for 57369, SD

2,685

Population

1,105

Households

2.4

Avg Household Size

41

Median Age

33%

College-Educated

94%

High-School Grad

452.4 sq mi

ZIP Area

6

Density / Sq Mi

$76,292

Median Household Income

$38,816

Median Earnings

$869

Median Rent

$226,000

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail space located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Frequently Asked Questions

What type of property is this?

Retail space - Retail space on public water with zoned forced-air propane heat and major interior updates completed in 2019.

Where is this retail space located?

The property is located at 407 S Main St Platte, SD.

What is the asking price?

The asking price for this property is $89,000.

What are key features of this property?

This property features: 1,180 SF retail space on a 25' x 140' lot; Major updates completed in 2019: new flooring, updated lighting, partial electrical improvements; New roof installed in 2019