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Remodeled Furnished Office Building
For Sale
$175,000
Pending

501 Main Ave, Lemmon, SD 57638

Corner-lot office property with private work areas, client reception space, and furnishings included.

Property Size1,264 SF
Lot Size0.16 Acres
Days on Market77

Property Features for 501 Main Ave

General Information

Standard status Pending
Size 1,264 SF
Lot size 0.16 Acres

Additional Details

Furnished Yes
Road Access Yes
Office Units 1

Taxes and HOA fees

Annual Taxes $1,268

Building Details

Year Renovated 2015
Buildings 1
Building Size 1,264 SF
Construction block
Listing Agency: Rustic Red Door Realty
Listed By: Jeannette L Ericsson
Source: Exprealty
Added: Jun 5 Changed: Aug 17 Last Checked: Aug 19 at 10:30AM

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 Rustic Red Door Realty

Investment Insights

Based on property information with market context.

This 1,264-square-foot office building provides a practical layout for professional operations, with two offices, a reception desk, client waiting area, storage room, private kitchenette, utility room, and bathroom. The larger office includes cubicle-based workstations. The block construction has a brick exterior, while improvements include new windows, wiring, lighting, and a full interior remodel completed in 2015. Electric heat and central A/C serve the building.

Positioned at 501 Main Ave in Lemmon, the property occupies a 7,000-square-foot corner lot along the community’s main avenue and sits across from the Petrified Wood Park. The sale includes desks, décor, and other furnishings, providing an office setup that can be used without furnishing the space separately.

Key Highlights

  • 1,264 sq. ft. office building with two offices and client reception areas
  • 7,000 sq. ft. corner lot at 501 Main Ave in Lemmon, SD
  • Across from the Petrified Wood Park on Lemmon’s main avenue

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Garden Center 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.

Lease Details

1
Office units
Yes
Paved road access

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

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?
Office building - Corner-lot office property with private work areas, client reception space, and furnishings included.
Where is this office building located?
The property is located at 501 Main Ave Lemmon, SD.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 1,264 sq. ft. office building with two offices and client reception areas; 7,000 sq. ft. corner lot at 501 Main Ave in Lemmon, SD; Across from the Petrified Wood Park on Lemmon’s main avenue
More about this property
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