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Shop-and-Office Flex Space
For Sale
$200,000

123 W 5th Ave, Webster, SD 57274

Commercial Sale, Webster, SD

Property Size3,375 SF
Lot Size1.03 Acres
Price / SF$59.26
Days on Market11

Property Features for 123 W 5th Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Bathrooms 1
Half bathrooms 1
Rooms Bathroom 1
View City
Standard status Active
Size 3,375 SF
Lot size 1.03 Acres

Utilities

Heating system Baseboard, Electric (Heating), Radiant
Water source Public

Building Details

Year built 1980
Floors in Building 1
Roof type Metal
Listing Agency: ML Real Estate
Listed By: Merry Lone
Added: Sep 25 Changed: Oct 1 Last Checked: Oct 5 at 3:06PM
MLS# 12001392

Copyright © 2026 My State 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 flex property in Webster includes a 3,375-square-foot steel building constructed in 1980. The 45' x 75' structure combines shop space with an office area. Shop features include 200-amp electrical service, radiant heat, and insulated garage doors. The office has a private bathroom, electric heat, and air conditioning.

The building occupies a leased 150' x 300' parcel that also contains 12 camper and RV sites, each with 400-amp electrical hookups. Public water serves the property, and the building has a metal roof.

Key Highlights

  • 3,375‑square‑foot steel building constructed in 1980
  • 45' x 75' building with shop and office space
  • Shop includes 200‑amp electrical service, radiant heat, and insulated garage doors

Property Analytics

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Current Use

U-Haul Neighborhood Dealer Car Rental Facility The Teal Flamingo Auto Repair Shop TJ Camper Rental Campground & RV Park

Suggested Use

Top Pick Real Estate Agency Dental Office Pharmacy Garden Center (Bike/Boat/Book/etc) Store Bakery

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
Utilities to site

Location Intelligence

Trade Area within ½ mile

201
Businesses Nearby
Balanced
Demand for This Use

Demographics for 57274, SD

2,686
Population
1,349
Households
2
Avg Household Size
48
Median Age
22%
College-Educated
92%
High-School Grad
372.6 sq mi
ZIP Area
7
Density / Sq Mi
$69,844
Median Household Income
$39,375
Median Earnings
$619
Median Rent
$161,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Shop and office areas are complemented by camper and RV sites with electrical hookups on a leased parcel.
Where is this flex space located?
The property is located at 123 W 5th Ave Webster, SD.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: 3,375‑square‑foot steel building constructed in 1980; 45' x 75' building with shop and office space; Shop includes 200‑amp electrical service, radiant heat, and insulated garage doors
More about this property
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