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    508 Dakota Ave S Wessington Springs, SD 57382

    Sponsored
    For Sale
    $550,000

    Commercial - Wessington Springs, SD

    Property size:
    10,080 SF
    Lot size:
    2.29 Acres
    Days on Market:
    18
    Last Refresh:
    Jan 7 at 10:06 pm

    Property Features for 508 Dakota Ave S

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    V
    APN
    2883
    Size
    10,080 SF
    Lot size
    2.29 Acres

    Utilities

    Heating system
    Forced Air, Propane (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    2015
    Architectural style
    Other

    COLDWELL BANKER ACTION RL (605) 352-5100

    Listing agent Elliot Hinricher (605) 352-5100 License #17495

    Listing date Dec 21, 2025

    MLS# 25-328 Listing URL

    Copyright © 2026 Huron Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Modern Commercial Building For Sale

    This modern commercial building, constructed in 2015, offers 10,080 square feet of interior space suitable for a variety of commercial and mixed-use concepts. The layout supports both immediate use and value-add repositioning. The rear portion of the building features a banquet and event space, nearly ready to host private functions, receptions, corporate events, or community gatherings, offering strong potential for immediate revenue generation with minimal additional investment. The front portion of the building previously operated as a bar/restaurant. With vision and updates, this space can be revitalized for restaurant, bar, entertainment, or alternative commercial uses, providing significant upside potential. The property is located in Wessington Springs, SD, and sits on a 2.29-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Prairie Lounge Bar

    Suggested Use

    Restaurant Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Pharmacy Hotel & Motel Kitchen & Bath Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Wessington Springs
    County
    Jerauld
    State
    South Dakota
    Longitude
    -98.569958
    Latitude
    44.07391

    Nearby Similar for Sale

    • $225,000
      0.14 Acres

      Historic Commercial Building on Main

      1905 building with upgrades, ready for versatile use.
      113 Main St, Wessington Springs, SD 57382
      View Details

    FAQs

    What type of property is this?
    Restaurant - 10,080 SF commercial building suitable for various concepts.
    Where is this restaurant located?
    The property is located at 508 Dakota Ave S Wessington Springs, SD.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Modern commercial building constructed in 2015.; - 10,080 square feet of interior space suitable for various commercial and mixed-use concepts.; - **Banquet and event space nearly ready for immediate revenue generation.**
    (605) 354-1301
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    508 Dakota Ave S Wessington Springs, SD 57382
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    Wessington Springs, SD 57382
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    508 Dakota Ave S Wessington Springs, SD 57382
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