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Property profile & analytics
OFF-MARKET
Office Spaces

216 Main St Lennox, SD 57039

2,674 SF 0.1 ac lot Built 1930
Property ID
Property summary
AI-generated overview

This exceptional 2,674 square foot Class B office building, located at 216 S Main St in Lennox, South Dakota, presents a unique investment opportunity. Built in 1930, this vacant property is available immediately and offers versatile space suitable for various office or retail uses. The building boasts two expansive rooms, measuring 31' x 30' and 36' x 30', providing ample room for operations or flexible layouts. A sizable 17' x 20' kitchen and a bathroom with a shower add to the functionality. Convenient rear access from an alley and ample street parking ensure easy access for clients and employees. The property also offers the potential for prominent building signage, enhancing visibility and brand recognition. The asking price is $175,000. The property sits on a 0.1-acre lot. Annual real estate taxes are $1,917.08, and estimated NNN expenses are $1.62 per square foot. This is a NNN lease type property. The property is located in the growing Lennox, SD market, in Lincoln County, zip code 57039. This presents a compelling opportunity to own a well-situated commercial property in a thriving community.

Property profile
Verified
Property type Office Spaces
Year built 1930
Total area 2,674 SF
Lot 0.1 ac (4,356 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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