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Commercial > Other
Active
04/07/2025
List Price
$1,690,000$107/ft²

200 Montana Ave
Lead, SD 57754

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  • 200 Montana Ave, Lead, SD 57754 is a 15,727 ft² property built in 2002 on a 4.750 acre lot. This property is currently for sale for $1,690,000.

    MLS Description

    The listing agent's description. Original Listing

    Listed by Jeremy Kahler, KWBH, 605-381-7500. Great opportunity to add to your investment portfolio- 23 unit apartment complex with 100% occupancy in Lead, SD with consistent rental history and great potential to expand! *Property is all on one level, with zero-entry access for easy accessibility, and complies with most ADA requirements *This one building facility has 14 studio apartments, 6- 1 bed/1 bath units and 3- 2 bed/1 bath units *Each apartment has a kitchen/kitchenette space, bathroom with walk in shower and separate heating/cooling units *On-site coin operated laundry room *Safety features include: secured entry, video surveillance and an internal sprinkler system *Common spaces include: rest rooms, communal seating areas (inside and out), rec rooms and storage areas *Front office space for onsite management *Manicured exterior with sprinkler maintained lawn and landscaping, outdoor seating areas and a walkway around the building *Flat private parking lot (1 space/unit) plus 6 assigned covered parking spaces *Great potential to expand- property has multiple storage spaces, public restrooms, a commercial kitchen, set up for an in-house barber shop, and space for potential unit expansion. Centrally located behind Lynns Dakota Mart grocery store. **Seller will consider doing owner financing**

    Listing Agents

    The listing agent for 200 Montana Ave is Jeremy Kahler.

    Current Ownership

    Information about the current owner(s).

    Property History

    200 Montana Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

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    School Information

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    Neighborhood

    This property is located in Lead.

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    Copyright © 2025 Mt. Rushmore Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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