South Dakota Investment Property for Sale
If you’re looking for an investment property in South Dakota, the Langford Main Street Center might just be the perfect opportunity for you. This 5000 sq. ft. commercial/retail property was built in 2015 and is situated on a 150 x 150 lot. It currently hosts four businesses on Langford’s Main Street, including a hair salon, an office space, a bar/restaurant, and an opportunity for additional retail/commercial space that could be separated from the restaurant.
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The bar/restaurant is the largest tenant space and seats a total of 115 people. It has a large commercial kitchen, two restrooms, office space, mechanical room, walk-in freezer, and walk-in beer cooler. The restaurant/bar seats 12 at the bar and another 38 at tables in the bar area. The family dining area seats approximately 40 and a community room in the rear is used for overflow dining to seat 25, host live entertainment, youth room, game room, community meetings or other events.
In addition, the facility’s three retail offices have their own front door access and restroom. The commercial facility has high visibility with heavy car traffic all day long. The market area covers a 35-50 mile radius of rural communities and farms. Langford is also known for many community activities as well as hunting and fishing opportunities that draw people to the area.
The Langford Main Street Center is a place where people come for haircuts, to do business, general social gatherings, dining out, bridal/wedding showers, birthday/anniversary parties, weekend entertainment, daily coffee, and so much more. Small towns are famous for that unique flair and relationships are built with these dynamics. Having a Main Street storefront availability has drawn new business as well as makes it more convenient to obtain services locally.
The building’s utilities include electric (Langford municipal electric provider), internet/telephone/cable connection (Venture Communications), water, sewer, garbage (Langford City), geothermal heating and cooling, and two leased propane tanks. Each retail space is independently zoned, but not individually metered. Each individual business within the Langford Main Street Center posts its hours of operation and maintains all appropriate business insurance, licenses, inspections, etc.
Abundant parking is available on Main Street as well as in the large gravel parking lot at the back of the building. The back lot is often used as an event space for outdoor concerts. There is a grassy lot to the west of the building to host outdoor events like bean bag tournaments, volleyball, etc. Kitchen equipment may be available for purchase.
Overall, the Langford Main Street Center offers a unique investment opportunity in a rural community with a strong local economy and a variety of activities that draw people to the area. The property’s multiple tenant spaces and high visibility make it an attractive option for investors looking to diversify their portfolio. So, if you’re interested in investing in a thriving South Dakota community, this property might just be the perfect fit for you.
416 Main Street, Langford, SD 57454
