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Gas Station & Convenience Store

417 Main Ave, Lemmon, SD 57638

For Sale
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Gas station and convenience store with additional income potential.

Property Size6,308 SF
Price / SF$49.94
Days on Market740

Property Features for 417 Main Ave

General Information

Standard status Active
Size 6,308 SF
Property subtype Retail, Mixed Use
Zoning Commercial

Building Details

Year Built 1988
Buildings 1
Stories 1
Units 1
Listing Agency: Coyote Country Realty
Listed By: Ken Wilson · License SD #15334
Source: Crexi
Added: Nov 4, 2024 Changed: Nov 3 Last Checked: Nov 12 at 7:33AM

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 Coyote Country Realty

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This property features a gas station and convenience store located on Main Avenue. The property includes updated pumps. The building is impeccably maintained, providing a clean and welcoming space. An adjacent laundry mat offers additional income potential. A two-stall attached garage has been used for auto service work in the past. The property also includes a video lottery lounge. The property size is 6,308 square feet.

Key Highlights

  • Established gas station and convenience store on main street.
  • Updated pumps.
  • Additional income from adjacent laundry mat.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Gas stations

Suggested Use

Top Pick Plumbing Service Garden Center (Bike/Boat/Book/etc) Store Pharmacy Carpet & Flooring Store 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.

Location Intelligence

Trade Area within ½ mile

241
Businesses Nearby

Demographics for 57638, SD

1,901
Population
1,119
Households
1.7
Avg Household Size
50
Median Age
22%
College-Educated
92%
High-School Grad
1,012.4 sq mi
ZIP Area
2
Density / Sq Mi
$58,672
Median Household Income
$32,062
Median Earnings
$625
Median Rent
$90,500
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

Frequently Asked Questions

What type of property is this?
Gas station - Gas station and convenience store with additional income potential.
Where is this gas station located?
The property is located at 417 Main Ave Lemmon, SD.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Established gas station and convenience store on main street.; Updated pumps.; Additional income from adjacent laundry mat.
(605) 569-0376 · Office Call to check price and availability
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