29298 U.S. 281, Lake Andes, SD 57356 (MLS# 26-93)

29298 U.S. 281, Lake Andes, SD 57356

$625,000
Property Type: Commercial Square Footage: 8,064 Lot Size (sq. ft.): 130,680 Status: Closed
Current Price: $625,000 List Date: 3/11/2026 Last Modified: 5/28/2026

Overview

Description

Strong investment opportunity just a few miles north of the river. This property includes two well-maintained storage buildings with a total of 32 units, offering immediate income potential and room for future expansion. Each building contains 16 units, with individual units measuring 14' x 36'. The units feature tall overhead doors capable of accommodating campers, boats, trailers, and other

Supplements: large recreational equipment, making them highly desirable for river users and outdoor enthusiasts. Each unit also has electricity, adding convenience and increasing rental appeal. The first building was constructed in 2019 and the second in 2021, providing modern construction and relatively low maintenance requirements. In addition to the existing ...

Listing Details MLS# 26-93

Contract Information

Book Section
Commercial
Begin Date
2026-03-04
Sold Date
2026-05-26

Location Tax and Other Information

House Number
29298
Street Name
U.S. 281
State/Province
SD
Postal Code
57356
County
Charles Mix
Taxes
4049.9
Tax Year
2025

General Property Description

Total Finished SqFt.
8064
Age
2019
Realtor.COM Type
Commercial
Lot Acres
3.05
Waterfront YN
No

Currently Not Used

Assessed Valuation
343900

Miscellaneous

Insurance $
5133.29
Lease Terms
12 Months

Income

Gross Income
39740
Net Income
29596

More Information

Construction

Exterior Const
Steel
Roof
Metal

Location, Tax and Other Information

Legal
NORTH ONE HUNDRED FORTY-TWO AND ONE HALF FEET (N142.5') OF THE SOUTH TWO HUNDRED TWENTY FIVE FEET (S225') OF THE EAST ON

Foundation

Poured
Yes

Property Features

Foundation: Poured
Listing Office: Juffer Real Estate
Last Updated: May - 28 - 2026
Information deemed reliable but not guaranteed.