500 E 1st St Active

Tea,SD 57064

$ 1600000

- Bed

4 Baths

6991 SqFt


Key Details

Property Type Commercial

Sub Type Special Use

Listing Status Active

Purchase Type For Sale

Square Footage 6,991 sqft

Price per Sqft $228

Subdivision Zelmer 2Nd Addn To City Of Tea

MLS Listing ID 22502827

Year Built 1994

Annual Tax Amount $17,842

Lot Size 1.836 Acres

Property Sub-Type Special Use

Property Description

Seize this rare chance to own a fully operational daycare center in one of the youngest and fastest-growing communities in South Dakota. This well-established center is ideally located on one of the main east-west thoroughfares in town, ensuring high visibility and easy access for busy families. With 3 years remaining on the current lease, this is a stable and income-generating opportunity for both seasoned investors and first-time buyers looking to enter the childcare market. The property also includes on-site storage units, providing additional revenue streams to boost your return on investment. Whether you're looking to expand your portfolio or take advantage of the local demographic boom, this daycare center offers both immediate income and long-term potential.

Location

State SD

County Lincoln

Area Sf-80

Zoning General Business - GB

Interior

Heating Central

Cooling Central

Flooring Carpet,Tile,Laminate,Luxury Vinyl Plank

Exterior

Amenities Available Outside Storage,Fencing,Garage,Inside Storage,Fenced Storage,Public Restroom,Private Restroom,Shared Break Room

Roof Type Composition

Building

Story 1

Structure Type Frame

View More
Favorite Go Tour