312 Broadway Ave Valley Springs, SD 57068
- Warehouses
- 4,500 SF
Current Use by Public Records
- Warehouses
Property Details for 312 Broadway Ave
- Property size
- 4,500 SF
- Property type
- Warehouses
- Property subtype
- Specialty properties
Description
This exceptional Valley Springs, SD property presents a unique investment opportunity encompassing 4,500 square feet of versatile commercial space. Located on a main road with ample parking, the property comprises multiple units currently generating substantial rental income. The main building features a thriving bar, restaurant, and casino occupying 1,500 square feet, currently leasing for $27,000 per month. An additional 3,000 square feet, currently used as industrial space integrated with the restaurant, offers significant expansion potential. A separate 1,500 square foot shop, identified as "312 Shawd Shop," is also available, currently leased for $9,000 per month. The property's diverse layout, high rental income, and prime location in Minnehaha County make it an ideal investment for a savvy entrepreneur seeking multiple revenue streams. The existing businesses provide a strong foundation for continued success, while the expansive space allows for creative adaptation and future growth. This multi-use property offers endless possibilities for expansion and customization, making it a truly remarkable opportunity in the vibrant Valley Springs market. The property is situated near Jackson Street, providing excellent visibility and accessibility. The total building size is 4,500 square feet, with the current tenants operating under a multiple tenancy agreement.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Valley Springs
- County
- Minnehaha
- State
- South Dakota
- Longitude
- -96.4684
- Latitude
- 43.5827
