Mixed-Use Property with
103 E Main, Elk Point, SD 57025
For Sale
$515,000
Commercial, Elk Point, SD
Property SizeContact for details
Lot Size0.00 Acres
Days on Market149
Property Features for 103 E Main
General Information
Property type
Property subtype
Elementary school
Middle school
High school
Directions
Subdivision
Standard status
APN
Lot size
Tenancy & Operations
Tenant in Place
Business Included
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Cooling system
Building Details
Year built
Buildings
Listing Agency:
Dakota Realty
(605) 624-4474
Listed By:
Debra Wiemers
(605) 202-0063
Added: Jun 18
Changed: Nov 11
Last Checked: Nov 13 at 11:06PM
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.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1974 mixed-use property contains four rental units, including a restaurant on the main floor, basement space, and two apartments. Stoves and refrigerators are included, along with tables and chairs for the basement area. A liquor license is part of the property. Tenants are responsible for their own utilities.
The building has forced-air heating and central air conditioning.
The building has forced-air heating and central air conditioning.
Key Highlights
- Four rental units: a main‑floor restaurant, basement space, and two apartments
- Liquor license included with the property
- Stoves, refrigerators, and basement tables and chairs remain
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
2
Residential units
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
182
Businesses Nearby
2k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 100%
Elk Point Ace Hardware
Home Improvements & Furnishings
1,650 visits/mo
0.4 miles
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Four rental units combine restaurant space with basement and apartment accommodations.
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: a main‑floor restaurant, basement space, and two apartments; Liquor license included with the property; Stoves, refrigerators, and basement tables and chairs remain
