311 Main St Platte, SD 57369

Property Details for 311 Main St

Property size

11,372 SF

Property type

Retail properties

Property subtype

Retail space

Description

This exceptional three-story, 11,372 square foot retail storefront building is located at 311 Main Street in the heart of Platte, South Dakota (zip code 57369). Originally a hotel, the building has been thoughtfully renovated, featuring a modern main floor retail space ideal for a variety of businesses. The main floor boasts a functional commercial hood system, perfect for food-related ventures. Above the retail space is a renovated, attractive 4-bedroom, 1.5-bathroom apartment, offering additional income potential or owner occupancy. The upper 1.5 floors present a significant opportunity for restoration and expansion, adding considerable value to the property. A functional lower level provides further space for storage or development. The building features a beautiful brick exterior with multiple entrances directly onto Main Street, ensuring high visibility and accessibility. Recent improvements include a new Firestone roof membrane installed in 2022 and 36 new windows (with 7 additional windows on-site). The property's proximity to the Missouri River and abundant hunting land presents unique opportunities for businesses catering to outdoor enthusiasts. This investment offers a compelling blend of existing income, renovation potential, and a prime location in a thriving South Dakota community. The asking price is $575,000, with a price per square foot of $50.56. An existing antique business is also available for sale