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Valley Springs Mixed-Use Opportunity
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326 Broadway Ave, Valley Springs, SD 57068

Mixed-use property with bar/industrial space and redevelopment potential.

Property Size10,500 SF
Price / SF$40
Days on Market718

Property Features for 326 Broadway Ave

General Information

Standard status Active
Size 10,500 SF
Property subtype Industrial, Mixed Use, Retail
Investment Type Value Add

Building Details

Units 4
Tenancy Multi
Listing Agency: Harr-Lemme Commercial Real Estate
Listed By: Paul Gourley · License #SD 765511107
Source: Crexi
Added: Sep 3, 2024 Changed: Aug 8 Last Checked: Aug 20 at 7:05PM

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 Harr-Lemme Commercial Real Estate

Investment Insights

Based on property information with market context.

This 10,500 square foot mixed-use property in Valley Springs presents opportunities for various business ventures. The property includes a 4,500 square foot bar space, formerly known as On The Rocks, which is currently vacant and available for lease. There is potential to reduce the bar's size to 1,500 square feet and convert 3,000 square feet back to industrial space. An additional 1,500 square feet of adjacent space could be incorporated. The property is located on a busy intersection and features ample parking. Two spaces are currently leased on a month-to-month basis.

Key Highlights

  • High‑traffic location at a busy intersection in Valley Springs
  • Substantial 10,500 sq ft space with ample parking
  • Opportunity to lease 4,500 sq ft vacant bar space (formerly On The Rocks)

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop HVAC Service Daycare Center Tattoo & Piercing Shop Storage Facility

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

47
Businesses Nearby

Demographics for 57068, SD

1,707
Population
647
Households
2.6
Avg Household Size
39
Median Age
28%
College-Educated
97%
High-School Grad
46.1 sq mi
ZIP Area
37
Density / Sq Mi
$107,222
Median Household Income
$53,343
Median Earnings
$1,096
Median Rent
$251,500
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property with bar/industrial space and redevelopment potential.
Where is this mixed-use property located?
The property is located at 326 Broadway Ave Valley Springs, SD.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: High‑traffic location at a busy intersection in Valley Springs; Substantial **10,500 sq ft space** with ample parking; Opportunity to lease **4,500 sq ft vacant bar space** (formerly On The Rocks)
(605) 371-0332 Call to check price and availability
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