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Mixed-Use Commercial Property
For Sale
$4,900,000

741 Main Street, Spearfish, SD 57783

Multi-tenant property combining dining, beverage, professional office, retail, and short-term lodging uses.

Property Size24,675 SF
Price / SF$198.58
Days on Market521

Property Features for 741 Main Street

General Information

Standard status Active
Size 24,675 SF
Total Parking Spaces 28
Property subtype Commercial/Industrial

Building Details

Year Built 2017
Buildings 1
Stories 2
Tenancy Multi
Listing Agency: The Real Estate Center of Spearfish
Listed By: Ryan W Wordeman
Source: Exitrealty
Added: Apr 1, 2025 Changed: Sep 2 Last Checked: Aug 31 at 12:43AM

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 The Real Estate Center of Spearfish

Investment Insights

Based on property information with market context.

Built in 2017, this mixed-use commercial property contains approximately 24,675 SF across main, upper, and basement levels. The main and upper floors each provide approximately 11,000 SF, while the basement adds approximately 2,400 SF. The existing tenant mix includes restaurant, brewery, bakery and coffee, wealth management, accounting, online retail, and Airbnb/VRBO operations.

The property includes a dedicated parking lot with 28 spaces along Jackson Blvd and is located at 741 Main Street in Spearfish, South Dakota. Its combination of dining, office, retail, and lodging occupancy supports a varied commercial layout within one building.

Key Highlights

  • Approximately 24,675 SF mixed‑use property built in 2017
  • Main and upper floors each measure approximately 11,000 SF
  • Basement provides approximately 2,400 SF

Property Analytics

Current Use

Ketel Thorstenson, LLP Tax Preparation Rockingtree Landscape Inc Landscaping Hartl Electric Electrical Service Dakota Insulation General Contractor Hampton Wealth Management Financial Advisor

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Plumbing Service (Bike/Boat/Book/etc) Store HVAC Service Kitchen & Bath Showroom

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,130
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Multi-tenant property combining dining, beverage, professional office, retail, and short-term lodging uses.
Where is this mixed-use property located?
The property is located at 741 Main Street Spearfish, SD.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: Approximately 24,675 SF mixed‑use property built in 2017; Main and upper floors each measure approximately 11,000 SF; Basement provides approximately 2,400 SF
More about this property
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