Search
Retail Space with Open Floor Plan
For Sale
Contact for pricing

120 E 1st St, Tea, SD 57064

COMMERCIAL, Tea, SD

Property SizeContact for details
Lot Size0.49 Acres
Days on Market26

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
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
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: Sep 1 Changed: Sep 26 Last Checked: Sep 26 at 8:06AM
MLS# 22607426

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.

The retail suite has an open layout, an in-suite restroom, and a dedicated area for mechanical equipment and storage. The masonry building dates to 1978 and features concrete flooring, central heating and cooling, and a rubber roof. Water is available, and a lit pylon sign is offered for tenant signage. The site encompasses 0.4914 acres and carries Central Business zoning.

Positioned on Tea’s primary east-west street, the property has 28 paved parking spaces along the south side and 10 employee spaces to the north. The stated parking ratio is 1:195. Its address is 120 E 1st St, Tea, SD 57064.

Key Highlights

  • Open retail suite with an in‑suite restroom and mechanical/storage area
  • 0.4914‑acre site with Central Business zoning
  • 28 paved spaces on the south side and 10 employee spaces on the north

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Retail space

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.

Location Intelligence

Trade Area within ½ mile

320
Businesses Nearby
19k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 46% Home Improvements & Furnishings 26% Dining 15% Shops & Services 13%
Fareway Groceries
8,693 visits/mo 0.3 miles
Tea Ace Hardware And Rentals Home Improvements & Furnishings
4,867 visits/mo 0.5 miles
SUBWAY Dining
2,923 visits/mo 0.4 miles
Cubby's Shops & Services
2,397 visits/mo 0.2 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Central Business zoning, an in-suite restroom, and a separate mechanical and storage area accommodate retail or office use.
Where is this retail space located?
The property is located at 120 E 1st St Tea, SD.
What are key features of this property?
This property features: Open retail suite with an in‑suite restroom and mechanical/storage area; 0.4914‑acre site with Central Business zoning; 28 paved spaces on the south side and 10 employee spaces on the north
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message