Mixed-Use Building with
For Sale
$515,000
103 E Main, Elk Point, SD 57025
COMMERCIAL - Elk Point, SD
Property SizeContact for details
Lot Size0.00 Acres
Days on Market57
Property Features for 103 E Main
General Information
Property type
Commercial Sale
Property subtype
Other
Elementary school
Elk Point
Middle school
Elk Point
High school
Elk Point
Directions
Take Elk Point Exit off of I 29 down to 103 E Main St.
Subdivision
Surrounding Areas/Other Areas
Standard status
Active
APN
03.01.04.1020
Lot size
0.00 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Lot 7 Blk 4 Orig EP City
Tax Annual Amount
2318
Legal Description
Lot 7 Blk 4 Orig EP City
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1974
Listing Agency:
Dakota Realty
(605) 624-4474
Listed By:
Debra Wiemers
(605) 202-0063
Added: Jun 18
Changed: Aug 12
Last Checked: Aug 13 at 3:06AM
MLS# 833460
Copyright © 2026 Northwest Iowa Regional 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.
Investment Insights
Based on property information with market context.
This mixed-use property contains four rental units arranged around a main-floor restaurant, basement space, and two apartments. The building includes a liquor license, while the restaurant and residential components provide varied income-producing uses. Stoves and refrigerators remain with the property, and the basement includes tables and chairs.
Built in 1974, the building is equipped with forced-air heat and central air conditioning. Tenants pay their own utilities, supporting separate operating responsibility across the rental components. The property is located at 103 E Main in Elk Point, South Dakota.
Built in 1974, the building is equipped with forced-air heat and central air conditioning. Tenants pay their own utilities, supporting separate operating responsibility across the rental components. The property is located at 103 E Main in Elk Point, South Dakota.
Key Highlights
- Four rental units within a mixed‑use building
- Main‑floor restaurant component with liquor license
- Two apartments plus basement rental space
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
182
Businesses Nearby
Explore this area
Business Placement
Demographics for 57025, SD
2,940
Population
1,318
Households
2.2
Avg Household Size
39
Median Age
32%
College-Educated
93%
High-School Grad
124.0 sq mi
ZIP Area
24
Density / Sq Mi
$88,466
Median Household Income
$51,625
Median Earnings
$738
Median Rent
$226,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Income-producing mixed-use property with restaurant, apartment, and basement components.
Where is this mixed-use property located?
The property is located at 103 E Main Elk Point, SD.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: Four rental units within a mixed‑use building; Main‑floor restaurant component with liquor license; Two apartments plus basement rental space
