105 Wind St, Flandreau, SD 57028-1244
This exceptional two-story, 4,400 square foot mixed-use commercial building is located in downtown Flandreau, South Dakota, at 105 & 107 N. Wind St., zip code 57028. Built of Sioux Quartzite, this classic building boasts extensive recent renovations completed between 2017 and 2022. Improvements include a new rubberized roof (a $120,000 value), updated HVAC systems, new plumbing, electrical upgrades, and replacement windows on both levels. Exterior tuck-pointing has also been recently completed. The building is divided into two suites. The upper level has been gutted, offering a blank canvas for customization. The main level retains original exposed brick and updated pendant lighting, blending historical charm with modern aesthetics. The property is currently vacant, presenting a unique opportunity for a sale/leaseback investment. The asking price is $444,000, resulting in a price per square foot of $100.91. This property offers significant potential for a variety of commercial ventures. Its prime downtown location and substantial recent renovations make it an attractive investment opportunity.
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The Merch Bar & Pub
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
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.