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Multi-Tenant Mixed-Use Property
For Sale
$4,600,000

741 Main Street, Spearfish, SD 57783

COMMERCIAL, Spearfish, SD

Property Size24,000 SF
Lot Size0.51 Acres
Price / SF$191.67
Days on Market56

Property Features for 741 Main Street

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Spearfish
Standard status Active
Lot size 0.51 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 25

Building Details

Year built 2017
Roof type Flat
Listing Agency: The Real Estate Center of Spearfish
Listed By: Ryan Wordeman
Added: Sep 9 Changed: Nov 2 Last Checked: Nov 3 at 5:06PM
MLS# 90293

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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Investment Insights

Based on property information with market context.

Constructed in 2017, this mixed-use property contains more than 24,000 square feet across three levels. The main and upper floors each have approximately 11,000 SF, with another approximately 2,400 SF in the basement. Current occupants include a restaurant, brewery, bakery and coffee business, wealth management and accounting firms, an online retail operation, and an Airbnb/VRBO business.

The 0.51-acre property includes a parking lot with 28 spaces along Jackson Boulevard.

Key Highlights

  • More than 24,000 square feet across three levels
  • Occupants include a restaurant, brewery, bakery/coffee business, professional firms, online retail operation, and Airbnb/VRBO business
  • Main and upper floors are approximately 11,000 SF each; basement is approximately 2,400 SF

Property Analytics

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Open Analytics

Current Use

Ketel Thorstenson, LLP Tax Preparation Rockingtree Landscape Inc Landscaping Hartl Electric Electrical Service Dakota Insulation General Contractor Hampton Wealth Management Financial Advisor

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Plumbing Service (Bike/Boat/Book/etc) Store HVAC Service 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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,130
Businesses Nearby

Demographics for 57783, SD

16,165
Population
8,347
Households
1.9
Avg Household Size
41
Median Age
40%
College-Educated
96%
High-School Grad
213.2 sq mi
ZIP Area
76
Density / Sq Mi
$64,970
Median Household Income
$35,014
Median Earnings
$946
Median Rent
$332,300
Median Home Value
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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Restaurant, brewery, bakery, professional office, online retail, and short-term rental businesses occupy the property.
Where is this mixed-use property located?
The property is located at 741 Main Street Spearfish, SD.
What is the asking price?
The asking price for this property is $4,600,000.
What are key features of this property?
This property features: More than 24,000 square feet across three levels; Occupants include a restaurant, brewery, bakery/coffee business, professional firms, online retail operation, and Airbnb/VRBO business; Main and upper floors are approximately 11,000 SF each; basement is approximately 2,400 SF
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