Winner Commercial Investment Property

$459,000
Available

Property Details

ID: 57664
Status: Available
Price: $459,000
Acres: 0.16
Type: Commercial
Address: 208 South Main Street
City, State: Winner, South Dakota
County: Tripp
Zip Code: 57580
Presented By: Mark Schweigert

Description

Completely remodeled commercial building located in Winner, South Dakota. There are six locations available for lease on this property. We have recently completed the renovations on this property. There is tremendous potential, with all six spots currently leased. The average yearly income for the property is between $50,000-$56,000.

The main front part of the building features two commercial spaces on the ground floor that are leased for business purposes, while the upstairs comprises approximately 3,000 square feet of living space, including 5 bedrooms and 2 bathrooms. On the east side of the building, there are 3 lodges/apartments/commercial spaces currently utilized by traveling nurses and hunters.

Wiring has been updated, along with heating/ac units, plumbing, water heaters, etc.

Unit #1 – Storefront, Rent Price: 1000, Half Baths: 1, Occupied
Unit #2 – Medical, Rent Price: 975, Half Baths: 1, Occupied
Unit #3 – Residential Income, Rent Price: 1100, Bedrooms: 5, Full Baths: 2, Occupied
Unit #4 – Residential/Commercial Income, Rent Price: 1100, Bedrooms: 1, Full Baths: 1, Occupied 
Unit #5 – Residential/Commercial Income, Rent Price: 1200, Bedrooms: 1, Full Baths: 1, Occupied
Unit #6 – Residential/Commercial Income, Rent Price: 1200, Bedrooms: 1, Full Baths: 1, Occupied

Features

  • Income Producing Property
  • Yearly income of $50,000-$56,000 
  • High Traffic/Visibility area located on the corner of Main Street and Highway 44
  • New remodeled (finished in 2024)
  • Highway frontage

Area Information

City of Winner

Tripp County

Winner School District

 

Additional Details

Home Details

Sq Ft: 10000.00
Beds: 8
Full Baths: 7
Year Built: 1910
Stories: 2
School District: Winner School District
Foundation: Brick/Mortar
Exterior Materials: Brick
Roof: Aluminum, Elastomeric, Synthetic
Exterior Features: Awning(s)
Basement: Concrete, Interior Entry, Partial
Flooring: Carpet, Luxury Vinyl, Varies
Water Source: Public
Utilities: Cable Available, Electricity Available, Phone Available, Propane, Sewer Connected, Underground Utilities, Water Connected
Cooling: Ceiling Fan(s), Central Air, Multi Units, Varies by Unit
Heating: Central, Forced Air, Propane, Varies by Unit

Additional Info

Road Type: Alley Paved, Asphalt, Concrete
Road Frontage: City Street, Highway
Current Use: Commercial, Development
Possible Use: Commercial, Development

Financial

Listing Terms: 1031 Exchange, Cash, Conventional
Taxes (annually): $3,500
Mark Schweigert
Mark Schweigert
Broker | Owner

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The information contained here is deemed reliable but is not warranted or guaranteed by the Broker, its Agents, or the Seller. Access to property, access to utilities, or any measurements including but not limited to, acreage, square footage and mapping boundary lines shared herein has not been independently verified and is for marketing purposes only. If exact measurements, access to property, or access to utilities is a concern, the property should be independently measured or investigated by the prospective buyer.

COOPERATING BROKER COMPENSATION:
When purchasing a property listed by Tall Tines Trophy Properties, a Buyer's Broker must be identified during the first contact and must also be present at the initial showing of the property in order to qualify for a share of the real estate commission. If these conditions are not met, any compensation for the Buyer's Broker will be entirely at the discretion of Tall Tines Trophy Properties.