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Multi-Suite Retail Building

501 STATE ST, Belle Fourche, SD 57717

For Sale
$275,000
Under Contract

COMMERCIAL, Belle Fourche, SD

Property Size7,500 SF
Lot Size0.09 Acres
Price / SF$36.67
Days on Market111

Property Features for 501 STATE ST

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description Commercial
Lot features Corner Lot
Subdivision Belle Fourche
Standard status Active Under Contract
Size 7,500 SF
Lot size 0.09 Acres

Additional Details

Corner Location Yes

Taxes and HOA fees

Tax Year 25
Tax Annual Amount 3722

Building Details

Year built 1940
Number of units 1
Listing Agency: Keller Williams Realty Black Hills BF
Listed By: Michelle Watson
Added: Jul 24 Changed: Nov 2 Last Checked: Nov 11 at 1:06AM
MLS# 89629

Copyright © 2026 Mt. Rushmore Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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 retail property contains 7,500 square feet and was built in 1940. Multiple entrances and stairways support dividing the interior into separate suites.

The 0.09-acre property is at the corner of Highway 85 and State Street in downtown Belle Fourche, South Dakota.

Key Highlights

  • 7,500 square feet of retail space
  • Multiple entrances and stairways allow division into separate suites
  • Corner location at Highway 85 and State Street in downtown Belle Fourche

Property Analytics

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

Current Use

Retail space

Suggested Use

Top Pick Pharmacy Parking Lot & Garage (Bike/Boat/Book/etc) Store Garden Center Dental Office Electrical Service

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

342
Businesses Nearby

Demographics for 57717, SD

8,242
Population
3,832
Households
2.2
Avg Household Size
41
Median Age
19%
College-Educated
88%
High-School Grad
1,364.4 sq mi
ZIP Area
6
Density / Sq Mi
$71,326
Median Household Income
$39,197
Median Earnings
$937
Median Rent
$215,000
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?
Retail space - Separate suite configuration is supported by multiple entrances and stairways.
Where is this retail space located?
The property is located at 501 STATE ST Belle Fourche, SD.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 7,500 square feet of retail space; Multiple entrances and stairways allow division into separate suites; Corner location at Highway 85 and State Street in downtown Belle Fourche
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