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    344 Main St Spearfish, SD 57783

    Sponsored
    For Lease
    $24 SF/Yr

    Downtown Spearfish Office Space

    Lot size:
    8,673 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This stunning Class A, three-story building at 344 N Main St, Spearfish, SD 57783, offers 1,029 to 6,360 square feet of flexible office or retail space. Built in 2024, the property features eight suites in a prime downtown location within the vibrant Downtown Spearfish submarket. The building boasts modern amenities including one passenger elevator, and ample parking with 22 spaces. Its Commercial zoning allows for diverse uses, including traditional office, executive office, coworking, medical office, and creative office spaces, as well as retail, storefront, coffee shop, cafe, restaurant, boutique, and clothing store options. The building's location on Main Street provides excellent visibility and accessibility for businesses, benefiting from high pedestrian and vehicular traffic. The property's design complements the historic charm of Spearfish's downtown, offering a blend of modern amenities and classic aesthetics. This is a unique opportunity to establish a presence in a thriving South Dakota community known for its welcoming atmosphere and picturesque streetscape. Contact us today to learn more about leasing options and explore the possibilities for your business at The Point on Main Street.

    Property Features for 344 Main St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,673 SF
    Class
    A

    Building Details

    Year Built
    2024
    Stories
    3

    Unit(s) available at that property

    Space
    Basement Space
    Size
    1,029 SF
    Rate per SF
    $24
    Space
    Second Level Space
    Size
    3,330 SF
    Rate per SF
    $26
    Space
    Main Level
    Size
    4,314 SF
    Rate per SF
    $32

    HighLights

    • C‑1 Central Commercial zoning.
    • Estimated completion: December 2024.
    • 28 parking spaces (22 on‑site, 6 on‑street).
    • High‑traffic location on Spearfish's main thoroughfare (10,293 VPD).
    • Customizable space with potential TI allowance.
    • Prime downtown location near restaurants, shopping, and entertainment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Spearfish
    County
    Lawrence
    State
    South Dakota
    Longitude
    -103.85793554843
    Latitude
    44.486526505436

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    FAQs

    What type of property is this?
    Individual retail property - Downtown Spearfish Office Space
    Where is this individual retail property located?
    The property is located at 344 Main St Spearfish, SD.
    What is the lease rate?
    The lease rate is $24-$32 SF/Yr.
    What are key features of this property?
    This property features: C-1 Central Commercial zoning.; Estimated completion: December 2024.; 28 parking spaces (22 on-site, 6 on-street).
    Request Owner's contact information
    344 Main St Spearfish, SD 57783
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    344 Main St Spearfish, SD 57783
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