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    110 N Main St Salem, SD 57058

    For Sale
    $590,000

    Established retail property on Main Street, Salem, South Dakota.

    Property size:
    936 SF
    Lot size:
    0.39 Acres

    Property Features for 110 N Main St

    General Information

    Size
    936 SF
    Lot size
    0.39 Acres

    Source: BHHS - Midwest Realty | Sioux Falls Agent Stacey Sieverding

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Main Street Retail Opportunity

    This well-maintained office building, constructed in 1996, is located on Main Street. The property, zoned Commercial General, offers space for expansion. The 936 square foot building includes two offices, a reception/waiting area, a breakroom, and a restroom. The current owner, who has operated the business for over 15 years, is looking to retire. The owner is willing to stay to train the new owner and possibly remain as an employee, presenting a turnkey opportunity. The sale includes FF&E and the real estate, making it an opportunity for an entrepreneur seeking an established business.
    Location Intelligence

    Current Use by Public Records

    A & C Business Services Tax Preparation Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    McCook
    State
    South Dakota
    Longitude
    -97.3870676
    Latitude
    43.724526

    Nearby Similar for Sale

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    • $130,000
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      Turnkey Restaurant/Coffee Shop Opportunity

      Turnkey restaurant/coffee shop with character, charm, and outdoor seating.
      116 E Vermont Ave, Salem, SD 57058
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      Salem Motel - Family-Run Business

      15-Unit Motel, 3 Living Quarters, Great Location
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    FAQs

    What type of property is this?
    Retail space - Established retail property on Main Street, Salem, South Dakota.
    Where is this retail space located?
    The property is located at 110 N Main St Salem, SD.
    What is the asking price?
    The asking price for this property is $590,000.
    What are key features of this property?
    This property features: - Turnkey business opportunity with real estate, FF&E included.; - Prime Main Street location with Commercial General zoning.; - Opportunity for expansion due to lot size.
    (605) 728-1390
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    Salem, SD 57058
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    110 N Main St Salem, SD 57058
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