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    Salem, SD
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    Salem, SD Storefront Properties for Sale

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    Bridgewater, SD Canistota, SD Humboldt, SD
    Dollar General Corner Store Investment
    $1,000,925
    9,100 SF
    Dollar General Corner Store Investment

    131 N Nebraska St, Salem, SD 57058

    Single-tenant retail on a prominent corner lot off a major north/south corridor with a remaining lease through 2031.
    • 9,100 SF Dollar General building built in 2016 on a prominent 1‑acre corner lot with ample parking
    • Lease in place with approx. 5+ years remaining; lease expires 2/28/2031 with four (4) 5‑year renewal options
    • Renewal options: four (4) 5‑year options with 10% rent increases at each option period
    • South Dakota income tax‑free state; SD Double Net (NN) with landlord responsible for roof and structure
    • Located just off U.S. Highway 81 in Salem (U.S. 81 also known as Nebraska Street)
    Updated: Jun 2
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    Main Street Retail Opportunity
    $485,000
    936 SF
    Main Street Retail Opportunity

    110 N Main St, Salem, SD

    Established retail property on Main Street, Salem, South Dakota.
    • Turnkey business opportunity with real estate, FF&E included.
    • Prime Main Street location with Commercial General zoning.
    • Opportunity for expansion due to lot size.
    • Well‑maintained office building constructed in 1996.
    • Current owner willing to train new owner.
    Updated: Nov 10, 2025
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Salem, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    New Retail NNN Ground Lease
    $1,750,000
    11,480 SF
    New Retail NNN Ground Lease

    New construction retail property with long-term corporate ground lease.

    2306 S Mentzer St, Mitchell, SD

    View details
    Retail Space Near 8th & Railroad
    $90,000
    1,617 SF
    Retail Space Near 8th & Railroad

    Retail space for sale near a popular commercial center.

    430 E 8th St, Sioux Falls, SD

    View details
    Storefront Near Corn Palace
    $99,900
    1,990 SF
    Storefront Near Corn Palace

    Affordable storefront location near the World's Only Corn Palace.

    505 N Main St, Mitchell, SD

    View details
    Commercial Building with Ample Parking
    $699,000
    2,466 SF
    Commercial Building with Ample Parking

    Stand-alone commercial building with easy access and ample parking.

    4701 W 12th St, Sioux Falls, SD 57106

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Restored Two-Story Retail/Office Building
    $1,650,000
    0.47 Acres
    Restored Two-Story Retail/Office Building

    A partially leased, restored two-story downtown building with long-term tenants and additional back-lot parking.

    1119 4th, Sioux City, IA 51101

    View details
    Downtown Storefront with Buildout Opportunity
    Contact for pricing
    2.08 Acres
    Downtown Storefront with Buildout Opportunity

    High-visibility storefront space in downtown Sioux City with strong access and parking, letting tenants design their own buildout.

    130 Nebraska St, Suite A, Sioux City, IA 51101

    View details
    Downtown Fairfax Commercial Building
    $47,500
    0.08 Acres
    Downtown Fairfax Commercial Building

    Charming commercial building in downtown Fairfax with versatile spaces.

    127 1st Street SE, Fairfax, MN 55332

    View details
    Blair Commercial Land Opportunity
    $350,000
    2.43 Acres
    Blair Commercial Land Opportunity

    2.43 acres of commercially zoned land in Blair, Nebraska.

    590 S 10th Street, Blair, NE 68008

    View details

    Salem, SD Storefront Properties Investment Opportunities Market Analysis

    Explore 2 storefront properties for sale in Salem, SD on our real estate platform. These investment opportunities span a total of 936 square feet of properties for sale, with an estimated market value of $485,000.

    Sale prices for retail units in Salem, SD start at $485,000, averaging $485,000, and reaching up to $485,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Storefront properties 3
    Grocery and convenience stores 1

    Demographics Overview

    Population 1,792
    Population Growth (5Y) -12.5%
    Median Household Income $79,119
    College Educated 34.8%

    Taxes & Financing

    Tax Rate (average for all types) 1.67%
    Property Tax per SF $31.54 per sq ft
    Tax Rate vs County Average 0.07 pp above county avg
    Average Loan-to-Value 65.0%

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