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Mixed-Use Building with Apartments

708 Main Street, Webster, SD 57274

For Sale
$379,000

Commercial Sale, Webster, SD

Property Size6,762 SF
Lot Size0.08 Acres
Price / SF$84.07
Days on Market96

Property Features for 708 Main Street

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bathroom 1, Bathroom 2, Bathroom 3
Parking features Driveway
Standard status Active
Size 4,508 SF
Lot size 0.08 Acres

Additional Details

Tenant in Place Yes
Property Use Mixed-Use
Condition Move-in Ready

Taxes and HOA fees

Tax Annual Amount 920

Utilities

Heating system Forced Air, Radiant, Electric (Heating)
Water source Public

Amenities

bathroom
kitchen
laundry
waiting area

Building Details

Year built 1920
Floors in Building 2
Building materials Brick
Roof type Flat
Architectural style Other
Buildings 1
Listing Agency: Dakota View Realty & Auctions
Listed By: Jennifer Keintz
Added: Aug 4 Changed: Nov 4 Last Checked: Nov 7 at 4:06PM
MLS# 12054798

Copyright © 2026 My State MLS. 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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Investment Insights

Based on property information with market context.

At 708 Main Street, this brick mixed-use building combines four office suites on the main floor with two one-bedroom, one-bath apartments upstairs. Three office suites are leased. Shared office amenities include a kitchen, bathroom, laundry, and waiting area. Both apartments are furnished, have in-unit laundry, and are occupied by monthly renters; each has a garage parking space. An unfinished 2,254-square-foot basement provides storage and houses the furnace and water heater.

Updates include central heating and air conditioning for the office level, new flooring, doors, trim, and paint, along with plumbing and electrical work. The apartments use electric cove heaters and window air conditioners. The property sits on Main Street in Webster, South Dakota.

Key Highlights

  • Four main‑floor office suites, with three currently leased
  • Two furnished one‑bedroom, one‑bath apartments with in‑unit laundry
  • Each apartment includes a garage parking space

Property Analytics

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Current Use

American Family Insurance Insurance Agency

Suggested Use

Top Pick Real Estate Agency Dental Office Pharmacy Bakery Garden Center (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

4
Office units
2
Residential units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

264
Businesses Nearby

Demographics for 57274, SD

2,686
Population
1,349
Households
2
Avg Household Size
48
Median Age
22%
College-Educated
92%
High-School Grad
372.6 sq mi
ZIP Area
7
Density / Sq Mi
$69,844
Median Household Income
$39,375
Median Earnings
$619
Median Rent
$161,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Four office suites and two furnished apartments combine commercial and residential space at one property.
Where is this mixed-use property located?
The property is located at 708 Main Street Webster, SD.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: Four main‑floor office suites, with three currently leased; Two furnished one‑bedroom, one‑bath apartments with in‑unit laundry; Each apartment includes a garage parking space
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