Mixed-Use Building with
For Sale
$795,000
517 N Main Street, Spearfish, SD 57783
Renovated mixed-use building offers three commercial spaces and three residential units with six paved off-street parking spaces.
Property SizeContact for details
Days on Market49
Property Features for 517 N Main Street
General Information
Standard status
Active
Total Parking Spaces
6
Property subtype
Commercial
Occupancy
100%
Additional Details
Multifamily Units
3
Building Details
Year Built
1940
Year Renovated
2007
Listing Agency:
RedStone Properties
Listed By:
Mark Young · License #177
(605) 641-1000
Source:
Willdixonrealestate
Added: Jul 22
Changed: Aug 8
Last Checked: Sep 7 at 5:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RedStone Properties
Investment Insights
Based on property information with market context.
This remodeled mixed-use building includes three commercial spaces and three residential apartments, creating six income streams in one property. The building is 100% occupied and has an established occupancy record. Improvements include modern utilities and appliances, along with a stucco exterior and a covered front entrance.
The property features six paved off-street parking spaces and a roof made up of half rubber membrane and half asphalt composition shingles, described as being in top shape. It is located on Main Street in Spearfish.
The overall setup provides a combined commercial and residential configuration designed for steady, dual-use occupancy, supported by the current full occupancy mentioned in the offering details.
The property features six paved off-street parking spaces and a roof made up of half rubber membrane and half asphalt composition shingles, described as being in top shape. It is located on Main Street in Spearfish.
The overall setup provides a combined commercial and residential configuration designed for steady, dual-use occupancy, supported by the current full occupancy mentioned in the offering details.
Key Highlights
- Mixed‑use building (built 1940) with 3 commercial spaces and 3 residential apartments
- Completely remodeled in 2007 with modern utilities and appliances
- Six paved off‑street parking spaces
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
885
Businesses Nearby
Explore this area
Business Placement
Demographics for 57783, SD
16,165
Population
8,347
Households
1.9
Avg Household Size
41
Median Age
40%
College-Educated
96%
High-School Grad
213.2 sq mi
ZIP Area
76
Density / Sq Mi
$64,970
Median Household Income
$35,014
Median Earnings
$946
Median Rent
$332,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Renovated mixed-use building offers three commercial spaces and three residential units with six paved off-street parking spaces.
Where is this mixed-use property located?
The property is located at 517 N Main Street Spearfish, SD.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Mixed‑use building (built 1940) with 3 commercial spaces and 3 residential apartments; Completely remodeled in 2007 with modern utilities and appliances; Six paved off‑street parking spaces
