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Mixed-Use Building with Loft
For Sale
Contact for pricing

231 South Main Street, Freeman, SD 57029

The upper floor can accommodate living space above a commercial area at street level.

Property SizeContact for details
Days on Market9

Property Features for 231 South Main Street

General Information

Standard status Active
Property subtype Mixed Use

Building Details

Buildings 1
Listing Agency: Priority Real Estate
Listed By: Christa Helma · License #SD 15141
Source: Crexi
Added: Sep 18 Changed: Sep 24 Last Checked: Sep 26 at 7:17AM

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 Priority Real Estate

Investment Insights

Based on property information with market context.

This mixed-use building contains more than 5,000 square feet and requires further restoration. Its street-level floor can serve a business, while the upper level has potential for loft-style living. Original tin ceiling remains above the drop ceiling tiles on the main floor. The property was used as a bar and restaurant in recent years.

Located among other downtown businesses in Freeman, the building fronts a main street where the city has recently upgraded the roadway, sidewalks, and lighting.

Key Highlights

  • More than 5,000 square feet across the building
  • Street‑level commercial space with upper‑floor living‑space potential
  • Original tin ceiling above the main‑level drop ceiling tiles

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Plumbing Service Auto Parts Store 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

127
Businesses Nearby

Demographics for 57029, SD

2,142
Population
947
Households
2.3
Avg Household Size
46
Median Age
22%
College-Educated
94%
High-School Grad
190.8 sq mi
ZIP Area
11
Density / Sq Mi
$77,321
Median Household Income
$46,303
Median Earnings
$803
Median Rent
$183,700
Median Home Value

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?
Mixed-use property - The upper floor can accommodate living space above a commercial area at street level.
Where is this mixed-use property located?
The property is located at 231 South Main Street Freeman, SD.
What is the asking price?
The asking price for this property is $65,000.
What are key features of this property?
This property features: More than 5,000 square feet across the building; Street‑level commercial space with upper‑floor living‑space potential; Original tin ceiling above the main‑level drop ceiling tiles
(605) 925-4141 Call to check price and availability
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