Mixed-Use

Salem, SD Mixed-use Properties for Sale

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Montrose, SD Madison, SD Canistota, SD Humboldt, SD Bridgewater, SD Colton, SD Hartford, SD Wentworth, SD
Mixed-Use Commercial Building
Updated: Sep 1
Mixed-Use Commercial Building

241 N Nebraska St, Salem, SD 57058

$500,000
5,500 sqft
5,500 sq feet of usable commercial space
Current gas station and convenience store operation
Cafe restaurant and senior meal provider on site
Includes lounge and casino uses
Vehicle storage facility included
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Salem, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Building with Office Space
Mixed-Use Building with Office Space

110 Reed St, Akron, IA 51001

$192,500
0.20 AC lot

Two-sided layout includes retail occupancy, offices, kitchen, baths, and rear access.

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Commercial Property in Akron, Iowa
Commercial Property in Akron, Iowa

110 Reed St, Akron, IA 51001

$192,500
4,828 sqft

Exceptional commercial property with retail and office space.

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Multi-Purpose Facility Near Convention Center
Multi-Purpose Facility Near Convention Center

1605 W Burnside St, Sioux Falls, SD 57104

Contact for pricing
13,536 sqft 2.61 AC lot

Investment opportunity: 14,000 SF mixed-use property near Denny Sanford Center.

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Historic Mixed-Use Building
Historic Mixed-Use Building

335 N Main Ave, Sioux Falls, SD 57104

$2,700,000

1892 property with professional offices, studio space, finished basement, and elevator access across multiple levels.

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Salem, SD Mixed-Use Properties Market Trends and Statistics

Explore 1 mixed-use properties for sale in Salem, SD on our real estate platform. These investment opportunities span a total of 5,500 square feet of properties for sale, with an estimated market value of $500,000.

Sale prices for multi use buildings in Salem, SD average $500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 1,792
Population Growth (5Y) -12.5%
Median Household Income $79,119
College Educated 34.8%

Taxes & Financing

Tax Rate (average for all types) 1.67%
Property Tax per SF $31.54 per SF
Tax Rate vs County Average 0.07 pp above county avg
Average Loan-to-Value 65.0%

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