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Second Street Commercial Building 115 2nd SE st 5,200 SF 100% Leased Retail Building De Smet, SD 57231 $427,440 CAD ($82.20 CAD/SF)
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! Rare Turnkey Commercial Property FOR SALE in DeSmet South Dakota!!! Start earning income immediately with this property!
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!
Short-Term Rental Units
Highly Rated and Featured Guest Favorites on multiple booking platforms like Airbnb & VRBO!
East unit: “Wilder Bunkhouse” sleeps 1-10+ guests West Unit: “Ingalls Flat” sleeps 1-5 guests.
Months of Upcoming 2026 reservations in both units! Ideal turnkey - buyer can take over all upcoming reservations.
Guest rental audience - High tourism with Laura Ingalls Wilder, prime hunting area, year round fishing, and long stay business travelers to area employers.
Seller is happy to help onboard and train buyer on Short-Term Rental operations to ensure a smooth transition.
View more on “Wilder Bunkhouse” and “Ingalls Flat” here: https://avainc.guestybookings.com/en
On-site Housekeeping Laundry Room ensures an easy, seamless, turn-over after each reservation. Complete with 2 sets of washer & dryer, large wash tub, linen racks, supply storage racks, and kitchenette seating area. Ideal space for housekeeping staff!
De Smet Tanning Co. private 24/7 access tanning salon. Single Indoor UV Sun Bed. Use is by monthly memberships and pass purchase options. Simple key code entry and surveillance for managing access. https://dstanningco.square.site
Leigh Marie Salon. A full service salon with 4 stylist stations, laundry room, pedicure chair and manicure station. Potential for 4 booth rentals. Property includes salon equipment. Salon is currently operating as booth rental. Buyer could also turn this space into commercial office or retail! Great rental opportunity and incredible potential!
*** all business operations will continue as normal at this property *** Showing of property is subject to availability and will not interfere with renter’s reservations, current tenant schedules, or tanning customers ***
For sale by owner. Contact Victoria (605)203-1101
$312,000 111-115 2nd Street SE, De Smet, SD 57231
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!
Short-Term Rental Units
Highly Rated and Featured Guest Favorites on multiple booking platforms like Airbnb & VRBO!
East unit: “Wilder Bunkhouse” sleeps 1-10+ guests West Unit: “Ingalls Flat” sleeps 1-5 guests.
Months of Upcoming 2026 reservations in both units! Ideal turnkey - buyer can take over all upcoming reservations.
Guest rental audience - High tourism with Laura Ingalls Wilder, prime hunting area, year round fishing, and long stay business travelers to area employers.
Seller is happy to help onboard and train buyer on Short-Term Rental operations to ensure a smooth transition.
View more on “Wilder Bunkhouse” and “Ingalls Flat” here: https://avainc.guestybookings.com/en
On-site Housekeeping Laundry Room ensures an easy, seamless, turn-over after each reservation. Complete with 2 sets of washer & dryer, large wash tub, linen racks, supply storage racks, and kitchenette seating area. Ideal space for housekeeping staff!
De Smet Tanning Co. private 24/7 access tanning salon. Single Indoor UV Sun Bed. Use is by monthly memberships and pass purchase options. Simple key code entry and surveillance for managing access. https://dstanningco.square.site
Leigh Marie Salon. A full service salon with 4 stylist stations, laundry room, pedicure chair and manicure station. Potential for 4 booth rentals. Property includes salon equipment. Salon is currently operating as booth rental. Buyer could also turn this space into commercial office or retail! Great rental opportunity and incredible potential!
*** all business operations will continue as normal at this property *** Showing of property is subject to availability and will not interfere with renter’s reservations, current tenant schedules, or tanning customers ***
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
Building Size
5,200 SF
Building Class
C
Year Built
1952
Price
$427,440 CAD
Price Per SF
$82.20 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
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Second Street Commercial Building | 115 2nd SE st
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