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Commercial Storefront Property

103 N 3rd St, Beresford, SD 57004

For Sale
$80,000

Renovations and a record of civic and neighborhood business uses distinguish this commercially zoned building.

Property Size1,320 SF
Price / SF$60.61
Days on Market62

Property Features for 103 N 3rd St

General Information

Standard status Active
Size 1,320 SF
Property subtype Commercial
Zoning Commercial

Building Details

Building Size 1,320 SF
Year Built 1915
Listing Agency: Jensen Insurance & Real Estate
Listed By: Bradley Antonson
Source: Davedaale
Added: Sep 9 Changed: Nov 7 Last Checked: Nov 8 at 4:04PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jensen Insurance & Real Estate

Rey
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Investment Insights

Based on property information with market context.

Dating to 1915, the storefront has been renovated and is zoned Commercial. Its past uses include city council chambers, a bank, a barber shop and a law office.

The property is adjacent to Beresford’s original City Hall building.

Key Highlights

  • Built in 1915
  • Commercial zoning
  • Renovated building

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Dental Office Electrical Service Pharmacy Bakery Furniture & Home Goods (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

212
Businesses Nearby
Under-served
Demand for This Use

Demographics for 57004, SD

3,459
Population
1,702
Households
2
Avg Household Size
41
Median Age
26%
College-Educated
91%
High-School Grad
194.7 sq mi
ZIP Area
18
Density / Sq Mi
$81,364
Median Household Income
$42,557
Median Earnings
$816
Median Rent
$247,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Similar Off Market Nearby

  • Flowers By Bob — 110 N 3rd St, Beresford, SD 57004

Frequently Asked Questions

What type of property is this?
Storefront property - Renovations and a record of civic and neighborhood business uses distinguish this commercially zoned building.
Where is this storefront property located?
The property is located at 103 N 3rd St Beresford, SD.
What is the asking price?
The asking price for this property is $80,000.
What are key features of this property?
This property features: Built in 1915; Commercial zoning; Renovated building
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Includes: Price & PSF · Cap rate · Location · Zoning

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