106 E Dakota Ave, Pierre, SD 57501
106 E Dakota Ave, Pierre, SD 57501
106 E Dakota Ave, Pierre, SD 57501
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Nick Dowling

Nick Dowling

+1(605) 484-8988
$1,200,000
Est. payment /mo
2,230 Sqft Lot
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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

MLS Listing ID 178542

Lot Size 2,230 Sqft

Property Sub-Type Other

Property Description

Turnkey Downtown Investment Opportunity | 106 E Dakota Ave | Pierre, SD Located in the heart of South Dakota's capital city, 106 E Dakota Ave offers a rare opportunity to acquire both a well-positioned commercial building and an operating business in downtown Pierre — with additional income-producing residential space above.vPositioned just steps from the State Capitol, government offices, retail shops, restaurants, and professional services, this property benefits from consistent foot traffic, a strong daytime workforce, and the year-round economic stability that comes with being in the center of state government activity.The main level features a well-maintained commercial space designed for efficient business operations with excellent street visibility along Dakota Avenue. This is an ideal setup for an owner-operator or investor seeking a turnkey acquisition with immediate income potential. Bonus Income Potential – 4 Bed | 2 Bath Apartment Above the commercial space is a spacious 4-bedroom, 2-bathroom apartment offering exceptional flexibility and additional revenue opportunities. The residential unit could be utilized as: A long-term rental for stable monthly income A short-term rental (Airbnb/VRBO) catering to government visitors, contractors, and tourism traffic Owner-occupant housing with business below Employee or executive housing The combination of commercial business income plus residential rental income creates a diversified investment opportunity rarely available in downtown Pierre. Whether you're expanding your portfolio, seeking a live-work setup, or investing in South Dakota's most stable market, 106 E Dakota Ave delivers prime location, multiple income streams, and long-term growth potential.

Location

State SD

County Other

Area Other

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Listed by EXP REALTY

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Nick Dowling

Nick Dowling

+1(605) 484-8988

Broker Associate | License ID: 16307

Broker Associate License ID: 16307

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