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    OFF-MARKET
    Commercial real estate

    202 Main St, Montrose, SD 57048

    1,680 SF 0.23 ac lot Built 1996
    Individually Owned Free & Clear
    Property ID
    US79-0723936
    Property summary
    AI-generated overview

    This dynamic Montrose, SD commercial property at 202 W Main St offers a unique and adaptable space perfect for various business ventures. The sturdy, slab-on-grade building boasts 57' x 30' of space and sits on a 0.23-acre lot. Energy-efficient features include spray foam insulation throughout and an on-demand water heater, ensuring comfortable temperatures year-round. The exterior features metal siding and a distinctive red door. A large garage door provides convenient access for deliveries or large equipment. Inside, a well-equipped office area is ideal for administrative tasks or client meetings, and could easily be converted to a bedroom. A 3/4 bathroom adds convenience. The substantial garage space offers ample room for work, storage, or production, adaptable to a wide range of business needs. A practical kitchen and living area provide a comfortable space for breaks or extended work periods. A small storage shed offers additional storage. The property presents opportunities for expansion or landscaping improvements. Priced at $154,500, this versatile property offers a comprehensive facility ready for creative business practices.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1996
    Total area 1,680 SF
    Lot 0.23 ac (9,900 SF)
    APN 19.00.0518
    UPID US79-0723936
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    JEFF GARRETT
    JEFF GARRETT
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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