508 Main Street, Lead, SD 57754

Building Details

Year Built

1969

Listing office Great Peaks Realty m***@gmail.com Show Phone

Listing date May 24, 2024

Source Exitrealty

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Overview

This property features a downtown space and local laundromat, equipped with a new addition. The laundromat has been a local fixture for years. A section of the space has been remodeled and is currently used as a secondary lease space. There may be potential for the current tenants in the back areas to continue their leases, with terms to be negotiated with the new buyers. A separate shed in the back is currently leased as office space, and this is negotiable as part of the purchase. The property size is 1512 square feet.

Suggested Use

Building Supply Dental Office Real Estate Agency Law Firm Auto Repair Shop Spa & Massage Center Pharmacy Restaurant Hair Salon Big Box & Wholesale Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Lead

County

Lawrence

State

South Dakota

Longitude

-103.778

Latitude

44.3463

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FAQs

What type of property is this?

Retail space - Downtown laundromat with additional lease income opportunity.

Where is this retail space located?

The property is located at 508 Main Street Lead, SD.

What is the asking price?

The asking price for this property is $429,000.

What are key features of this property?

This property features: Downtown location with existing laundromat business.; Includes a new addition and remodeled secondary lease space.; Established laundromat with a long‑standing local customer base.