87 Sherman St Deadwood, SD 57732-1340
This exceptional 3,000-square-foot office building at 87 Sherman Street, Lawrence County, presents a unique opportunity for businesses seeking adaptable space. Originally constructed in 1964 and extensively renovated in 2012, the property boasts a flexible layout perfectly suited for a variety of uses, including traditional office, coworking, creative office, executive office, or even medical office settings. The interior features five private offices, providing ample space for individual work or team collaboration. A large 34' x 24' open area offers versatility for additional workstations, meeting spaces, or even a reception area. Convenient amenities include a fully equipped kitchenette, two restrooms, and a utility room complete with a mop sink. The building's dual entrances enhance accessibility, with one entrance directly on Sherman Street and another providing convenient access to the Miller Public Parking lot. Previously used as both office space and a restaurant, this property demonstrates its adaptability and potential for diverse business applications. Lease terms are $3,300 per month plus utilities. Detailed layout documentation is available upon request. Don't miss this chance to secure a prime location for your business.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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.