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Two-Building Mixed-Use Property
For Sale
$319,000

403 Glendale Drive, Lead, SD 57754

Lead, SD

Property Size576 SF
Price / SF$221.53
Days on Market48

Property Features for 403 Glendale Drive

General Information

Property type Commercial Sale
Property subtype Other
Standard status Active
Size 1,440 SF

Building Details

Year built 1979
Listing Agency: Engel & Volkers Spearfish · Engel & Völkers
Listed By: Michael Sneesby
Added: Aug 19 Changed: Sep 24 Last Checked: Oct 5 at 5:06PM
MLS# 89841

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property includes two separate buildings totaling 1,440 square feet. The structure at 403 Glendale Drive contains approximately 576 square feet of office space. The second building, at 405 Glendale Drive, measures approximately 864 square feet, is furnished, and is configured as a one-bedroom home. The property was built in 1979.

The combination of a dedicated office building and an adjacent furnished residence supports the commercial and residential uses identified for the property, including business operation, employee housing, or rental occupancy. The separate improvements also provide a practical setup for an owner-user seeking workspace alongside living accommodations.

Key Highlights

  • Two separate buildings on one property
  • Approximately 1,440 square feet combined
  • 403 Glendale Drive includes approximately 576 square feet of office space

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Dental Office Building Supply HVAC Service Pharmacy Real Estate Agency Auto Repair Shop

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

148
Businesses Nearby

Demographics for 57754, SD

3,579
Population
2,929
Households
1.2
Avg Household Size
48
Median Age
21%
College-Educated
96%
High-School Grad
264.9 sq mi
ZIP Area
14
Density / Sq Mi
$57,017
Median Household Income
$36,552
Median Earnings
$849
Median Rent
$220,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Separate office and residential improvements support flexible owner-user, rental, or small-business applications.
Where is this mixed-use property located?
The property is located at 403 Glendale Drive Lead, SD.
What is the asking price?
The asking price for this property is $319,000.
What are key features of this property?
This property features: Two separate buildings on one property; Approximately 1,440 square feet combined; 403 Glendale Drive includes approximately 576 square feet of office space
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