Building Details

Year Built 1964

Year Renovated 2012

Listing Agency: Black Pine Real Estate Show Phone

Listed By: Emily Costopoulos · License #18359

Source: Watsonhennesseygroup

Added: Aug 11 Changed: Aug 30 Last Checked: Aug 30 at 6:59PM

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Investment Insights

Based on property information with market context.

This office property occupies a 1964 building updated in 2012, with a configuration that combines multiple private offices and a large open work area. Interior support features include a kitchenette, two restrooms, and a utility room equipped with a mop sink. The space has previously accommodated office operations and restaurant use.

Access is provided from both Sherman Street and the Miller Public Parking lot, giving occupants and visitors two entry points. The property is in Deadwood near the courthouse and Jacobs Brewhouse & Grocer, with the address at 87 Sherman St.

Key Highlights

• Building constructed in 1964 and updated in 2012
• Multiple private offices plus a large open work area
• Kitchenette, two restrooms, and utility room with mop sink

Property Analytics

Property Profile

Current Use

Office Units

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Big Box & Wholesale Store Storage Facility Nail Salon (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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

456

Businesses Nearby

Explore this area Business Placement

Demographics for 57732, SD

1,965

Population

1,519

Households

1.3

Avg Household Size

55

Median Age

22%

College-Educated

92%

High-School Grad

125.5 sq mi

ZIP Area

16

Density / Sq Mi

$44,750

Median Household Income

$35,511

Median Earnings

$725

Median Rent

$279,300

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

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Frequently Asked Questions

What type of property is this?

Office units - Flexible commercial layout includes private offices, open workspace, kitchenette, restrooms, and utility support.

Where is this office units located?

The property is located at 87 Sherman St Deadwood, SD.

What are key features of this property?

This property features: Building constructed in 1964 and updated in 2012; Multiple private offices plus a large open work area; Kitchenette, two restrooms, and utility room with mop sink