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Masonry Storefront with Pylon Signage
For Lease
$1,125/Mo

120 E 1st St, Tea, SD 57064

COMMERCIAL, Tea, SD

Space SizeContact for details
Lot Size0.49 Acres
Days on Market21

Property Features for 120 E 1st St

General Information

Property type Commercial Sale
Property subtype Retail
Zoning Central Business
Subdivision Hagemeyers Addn
Directions From the corner of 1st St & Heritage Pkwy in Tea, 1/2 mile west - on the N Side of 1st St
Standard status Active
APN 240.62.01.004
Size 1,000 SF
Lot size 0.49 Acres

Taxes and HOA fees

Tax Description Lots 3 & 4 Block 1 Hagemeyer Add City Of Tea
Legal Description Lots 3 & 4 Block 1 Hagemeyer Add City Of Tea

Utilities

Utilities Water Available
Heating system Central
Cooling system Central Air

Amenities

in-suite restroom
mechanical/storage area

Building Details

Year built 1978
Floors in Building 1
Number of units 1
Flooring type Concrete
Building materials Masonry
Roof type Rubber
Listing Agency: Better Homes and Gardens Real Estate Beyond
Listed By: Brian Smit · License #17373
Added: Aug 27 Changed: Sep 16 Last Checked: Sep 16 at 2:06AM
MLS# 22607194

Copyright © 2026 Realtor Association of the Sioux Empire MLS. 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 1,000-square-foot storefront property offers an open interior layout with an in-suite restroom, mechanical area, and storage space. Masonry construction, concrete flooring, central heating, central air, and a rubber roof serve the existing improvements, which date to 1978. The property is zoned Central Business and occupies 0.4914 acres.

Positioned on the primary east/west thoroughfare in Tea, the property provides prominent street exposure and access to lit pylon signage. Parking includes 28 paved spaces on the south side of the building plus 10 employee spaces on the north side. The address is 120 E 1st St, Tea, SD 57064-2284, in Lincoln County.

Key Highlights

  • 1,000‑square‑foot storefront property on 0.4914 acres
  • 28 paved parking spaces on the south side plus 10 employee spaces on the north side
  • Central Business zoning

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Repair Shop Storage Facility Pharmacy Restaurant

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

Lease Details

Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.03 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

320
Businesses Nearby
Under-served
Demand for This Use

Demographics for 57064, SD

6,908
Population
2,652
Households
2.6
Avg Household Size
31
Median Age
39%
College-Educated
98%
High-School Grad
25.6 sq mi
ZIP Area
270
Density / Sq Mi
$104,351
Median Household Income
$54,400
Median Earnings
$1,132
Median Rent
$330,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Open-plan commercial space includes an in-suite restroom and dedicated mechanical and storage areas.
Where is this storefront property located?
The property is located at 120 E 1st St Tea, SD.
What is the lease rate?
The lease rate is $1,125/Mo.
What are key features of this property?
This property features: 1,000‑square‑foot storefront property on 0.4914 acres; 28 paved parking spaces on the south side plus 10 employee spaces on the north side; Central Business zoning
More about this property
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