911 6Th StFreeman, SD 57029

Property Details for 911 6Th St

Lot size

4.00 AC

Property type

Other commercial real estate

APN

240.36.03.001

APU

2403603001

Description

This exceptional 15,390-square-foot Class A retail storefront in Freeman, South Dakota, presents a lucrative investment opportunity. Located on a large 2.18+ acre lot (92,266 sq ft) at 911 E 6th St, 57029, this single-story, 1994-built building boasts a prime location near US Hwy 81. Currently configured as a multi-tenant property with one primary tenant, the space includes 11,355 square feet of retail/office space and a 3,840-square-foot warehouse addition (built in 1999). Features include easy ground-level loading, a loft in the warehouse, new lighting in the retail area, a recent exterior facelift with cement and landscaping, metal siding and roof, newer doors, ample outlets, and two half-bathrooms. The property also benefits from a breezeway connecting the retail space to the warehouse, abundant customer parking, lighted signage, and a separate leased space generating additional income. Zoned Commercial B-2, this versatile property offers significant potential for various retail, office, and warehouse uses. The asking price is $1,100,000, and the lease type is NNN. The property is owned by Tri State Metal & Welding Fabrication. Freeman's central location between Sioux Falls, Mitchell, and Yankton provides excellent regional accessibility. This is a rare opportunity to acquire a substantial, well-maintained commercial property with strong income potential and significant upside.

• Alternative Use

  Use

  Valuation

  Residential

  $31,192,242

  Hospitality

  $28,571,926

  Educational

  $23,771,506

  Medical

  $24,589,044

  Retail

  $36,977,900

Location Insight

City

Freeman

County

Hutchinson

State

South Dakota

Latitude

43.3495

Longitude

-97.4248

Property Tax & Assessments

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