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Storefront Retail Property with Basement
New
For Sale
$210,000

135 S Center Ave, Philip, SD 57567

An operating variety store includes a manual elevator and open basement space.

Property Size6,531 SF
Price / SF$32.15
Days on Market4

Property Features for 135 S Center Ave

General Information

Standard status Active
Size 6,531 SF
Property subtype Commercial

Additional Details

Business Included Yes

Amenities

manual elevator
open basement
Listing Agency: ASCEND REALTY INC.
Listed By: Henry Ulrich Iii · License #2770
Source: Willdixonrealestate
Added: Oct 7 Last Checked: Oct 9 at 5:03PM

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 ASCEND REALTY INC.

Investment Insights

Based on property information with market context.

This storefront retail property at 135 S Center Ave in Philip is currently operating as a variety store. The building has a manual elevator and an open basement that provides additional interior space.

The property is situated on S Center Avenue in Philip, South Dakota.

Key Highlights

  • Currently operating as a variety store
  • Manual elevator serves the building
  • Open basement space

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Butcher Cafe & Coffee Shop Kitchen & Bath Showroom Computer & Electronic Repair

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

Well-served
Demand for This Use

Demographics for 57567, SD

1,376
Population
556
Households
2.5
Avg Household Size
45
Median Age
14%
College-Educated
97%
High-School Grad
968.7 sq mi
ZIP Area
1
Density / Sq Mi
$55,542
Median Household Income
$40,125
Median Earnings
$739
Median Rent
$181,900
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
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Frequently Asked Questions

What type of property is this?
Storefront property - An operating variety store includes a manual elevator and open basement space.
Where is this storefront property located?
The property is located at 135 S Center Ave Philip, SD.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Currently operating as a variety store; Manual elevator serves the building; Open basement space
More about this property
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