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 Market52
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 5
Last Checked: Aug 8 at 10:06PM
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.
Investment Insights
Based on property information with market context.
This mixed-use property contains four rental spaces within a well-maintained building constructed in 1974. The configuration includes a restaurant on the main floor, a basement rental area, and two apartments. Stoves and refrigerators remain with the property, while basement furnishings include tables and chairs. A liquor license is also included.
Building systems include forced-air heat and central air conditioning. The property is located at 103 E Main in Elk Point, South Dakota, within ZIP code 57025. Each tenant is responsible for their own utilities, providing a clearly defined utility arrangement across the rental spaces.
Building systems include forced-air heat and central air conditioning. The property is located at 103 E Main in Elk Point, South Dakota, within ZIP code 57025. Each tenant is responsible for their own utilities, providing a clearly defined utility arrangement across the rental spaces.
Key Highlights
- Four rental spaces: main‑floor restaurant, basement area, and two apartments
- Liquor license included with the property
- Stoves and refrigerators remain
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site
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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Four income-producing spaces include a restaurant, basement area, and two apartments with separate tenant-paid utilities.
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 spaces: main‑floor restaurant, basement area, and two apartments; Liquor license included with the property; Stoves and refrigerators remain
