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    208 Main St Winner, SD 57580

    Sponsored
    For Sale
    $409,000

    High-potential commercial property in Winner, SD

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional commercial property at 208 South Main Street, Winner, South Dakota, 57580, is offered at $409,000. The property is zoned for commercial use and features a recently renovated multi-use building completed in 2023. The building boasts significant income potential with its diverse layout. Three lodges at the rear are currently leased to traveling nurses affiliated with the local hospital, providing a stable revenue stream. The front of the building houses two additional commercial rental spaces, generating further income opportunities. Upstairs, a spacious 3000 square foot apartment with five bedrooms and two bathrooms offers additional rental income or owner occupancy. The property's versatile design and strong rental history make it an attractive investment opportunity. The land itself offers significant potential for future development or expansion. Located in Winner, South Dakota, the property benefits from a convenient location and access to local amenities. This is a rare opportunity to acquire a well-maintained, income-generating commercial property with substantial upside potential. The property is situated at latitude 43.1077534 and longitude -100.1703257. The county code is 46123. This is a turnkey operation ready for a new owner to step in and continue the success.

    Property Features for 208 Main St

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Winner
    County
    46123
    State
    South Dakota
    Longitude
    -100.1703257
    Latitude
    43.1077534

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    FAQs

    What type of property is this?
    Land - High-potential commercial property in Winner, SD
    Where is this land located?
    The property is located at 208 Main St Winner, SD.
    What is the asking price?
    The asking price for this property is $409,000.
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    208 Main St Winner, SD 57580
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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
    208 Main St Winner, SD 57580
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