518 Main Avenue, Brookings, SD 57006

Listing Agency: Best Choice Real Estate

Listed By: Kelly Odegaard · License SD #17516

Source: Crexi

Added: Oct 6 Changed: Nov 8 Last Checked: Nov 12 at 5:11AM

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Investment Insights

Based on property information with market context.

This mixed-use property in downtown Brookings pairs commercial space with an apartment above. The upper-level apartment has been updated, offering a distinct residential component within the property.

Located at 518 Main Avenue, the building combines these commercial and residential spaces at a downtown address.

Key Highlights

• Commercial space with an apartment on the upper level
• The upstairs apartment has been updated
• 518 Main Avenue in downtown Brookings

Property Analytics

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

Open Analytics

Current Use

Aflac Insurance - Brookings Insurance Agency Nelson Nancy J Law Firm Jade Withers - Aflac ... Insurance Agency

Suggested Use

Top Pick Dental Office Pharmacy Big Box & Wholesale Store Skin Care Clinic Real Estate Agency (Bike/Boat/Book/etc) Store

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

Residential units

Location Intelligence

Trade Area within ½ mile

930

Businesses Nearby

Explore this area Business Placement

Demographics for 57006, SD

24,271

Population

10,773

Households

2.3

Avg Household Size

30

Median Age

49%

College-Educated

97%

High-School Grad

151.8 sq mi

ZIP Area

160

Density / Sq Mi

$64,818

Median Household Income

$33,133

Median Earnings

$864

Median Rent

$253,700

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

Frequently Asked Questions

What type of property is this?

Mixed-use property - An updated apartment occupies the upper level above the commercial space on Main Avenue.

Where is this mixed-use property located?

The property is located at 518 Main Avenue Brookings, SD.

What is the asking price?

The asking price for this property is $599,900.

What are key features of this property?

This property features: Commercial space with an apartment on the upper level; The upstairs apartment has been updated; 518 Main Avenue in downtown Brookings