101 4Th St Newell, SD 57760

Property Details for 101 4Th St

Property type

Commercial real estate

APN

16.01.046.01

APU

160104601

Description

This exceptional investment opportunity presents a well-established Newell, South Dakota service center specializing in tire and repair services for vehicles and agricultural equipment. Priced at $895,000, this 1.16-acre property includes a substantial building equipped for efficient operation. The facility boasts four work bays, complete with two 2-post lifts, a 4-post lift, and floor drains, ensuring versatile repair capabilities. Ample storage space accommodates a large inventory of tires, rims, batteries, hydraulic hoses, and trailer parts, all readily available for customer needs (inventory priced separately). A key advantage is the included mobile service unit, equipped with an air compressor, allowing for convenient on-site and off-site repairs. The property also features a 2-bedroom apartment above the office, offering convenient owner-occupancy or rental income potential with a private entrance. The business enjoys a strong reputation and loyal customer base, drawing clients from a wide area. Significant growth potential exists through expansion of services or equipment. The seller is seeking a 1031 exchange, making this a streamlined acquisition process. This turnkey operation offers a rare chance to own a profitable business with established clientele and substantial growth opportunities within a consistently in-demand industry. The square footage of the building is not currently available.

Location Insight

City

Newell

County

Butte

State

South Dakota

Longitude

-103.42

Latitude

44.7159

Property Tax & Assessments