Building Details

Year Built 1947

Units 4

Listing Agency: Hegg, REALTORS t***@hegg.com Show Phone

Listed By: John Mallinger

Source: Landmarkrealtyandauction

Added: Apr 28 Changed: Oct 30 Last Checked: Oct 30 at 1:52AM

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Investment Insights

Based on property information with market context.

Built in 1947, this office property at 121 N Main St in Salem, South Dakota, contains one large office area. General Commercial zoning applies to the site. Building updates include a newer roof and two newer furnaces.

Key Highlights

• One large office area
• General Commercial zoning
• Newer roof and two newer furnaces

Property Analytics

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

Open Analytics

Current Use

Garry Associates Insurance Agency

Suggested Use

Top Pick Real Estate Agency Electrical Service Dental Office Furniture & Home Goods Grocery & Convenience Store Garden Center

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

190

Businesses Nearby

Explore this area Business Placement

Demographics for 57058, SD

2,011

Population

829

Households

2.4

Avg Household Size

42

Median Age

25%

College-Educated

92%

High-School Grad

159.1 sq mi

ZIP Area

13

Density / Sq Mi

$79,119

Median Household Income

$44,630

Median Earnings

$866

Median Rent

$199,700

Median Home Value

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

Frequently Asked Questions

What type of property is this?

Office building - The interior is arranged as one expansive office area.

Where is this office building located?

The property is located at 121 N Main St Salem, SD.

What is the asking price?

The asking price for this property is $90,000.

What are key features of this property?

This property features: One large office area; General Commercial zoning; Newer roof and two newer furnaces