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508 Main Street Lead, SD 57754

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For Sale
$429,000

Business/Land/Building(s) - Lead, SD

Property size:
1,512 SF
Lot size:
0.12 Acres
Added:
May 24, 2024
Days on Market:
696
Last Refresh:
Apr 19 at 6:06 am

Property Features for 508 Main Street

General Information

Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot, Paved or Surfaced
Interior features
High Visibility, Laundry, Manager On-site
Exterior features
Hi-traffic Location, Other
Standard status
Active
Size
1,512 SF
Lot size
0.12 Acres

Utilities

Heating system
Forced Air

Building Details

Year built
1969
Floors in Building
1
Architectural style
Other

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Listing Contact
Scot Munro
Scot Munro

Listing agent Scot Munro

Listing office Great Peaks Realty 115 E. Hudson, Spearfish, SD

Listing date May 24, 2024

MLS# 80321 Listing URL

Copyright © 2026 Mt. Rushmore Area Association 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

Downtown Space with Local Laundromat

This property features a downtown space and a local laundromat that has been in operation for years. A new addition has been added to the laundromat. A section of the space has been remodeled and used as a secondary lease space. There may be potential for the current tenants in the back areas to continue their lease, with terms to be negotiated with the new buyers. A separate shed in the back is currently leased as office space, and this is negotiable as part of the purchase. The property is located at 508 Main Street, Lead, SD 57754. The lot size is 0.12 acres, and the property size is 1512 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

  • Map
  • Local Demand
City
Lead
County
Lawrence
State
South Dakota
Longitude
-103.7782953
Latitude
44.3463185

FAQs

What type of property is this?
Storefront property - Downtown space and laundromat equipped with a new addition.
Where is this storefront property located?
The property is located at 508 Main Street Lead, SD.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: Established downtown laundromat with loyal customer base.; New addition provides secondary lease income potential.; Hi‑traffic location with high visibility.
More about this property
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