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Investment Highlights

  • High Demand Short Term Rental for Tourism & Hunting and Fishing
  • Just off Calumet Ave De Smet's "Main Street"
  • Well Established Location
  • Revenue Generating Property

Executive Summary

Investment Opportunity! Commercial Property FOR SALE in DeSmet South Dakota
Offered at $312,000
Property Address 111-115 2ND Street SE, DeSmet SD, 57231
Property Features
2 Short-Term Rental Units with Housekeeping Laundry Room. 24/7 Tanning Salon. Full Service Hair Salon - this space could also be potential for office/retail rental! Buyer could also turn this space into commercial office or retail! Great rental opportunity and incredible potential!
For sale by owner. Contact Victoria (605)203-1101
$312,000 111-115 2nd Street SE, De Smet, SD 57231

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,200 SF
Building Class
C
Year Built
1952
Price
$431,983 CAD
Price Per SF
$83.07 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.52
Lot Size
0.23 AC
Frontage
92’ on 2nd Street Southeast
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
5574
Land Assessment
$72,202 CAD
Improvements Assessment
$98,640 CAD
Total Assessment
$170,842 CAD
  • Listing ID: 40192977

  • Date on Market: 2026-04-17

  • Last Updated:

  • Address: 115 2nd SE st, De Smet, SD 57231

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