312 Broadway Ave Valley Springs, SD 57068
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.