361 S Nebraska St, Salem, SD 57058 (MLS# 26-89)

361 S Nebraska St, Salem, SD 57058

$355,000

Double attached garage for living quarters

Property Type: Commercial Square Footage: 5,344 Lot Size (sq. ft.): 43,560 Status: Closed

Current Price: $355,000 List Date: 3/10/2026 Last Modified: 6/01/2026

Overview

Description

Exceptional investment opportunity! This 15-room motel offers strong potential and multiple income streams in a welcoming community with convenient access to the interstate, shopping, and local schools. The property includes two additional apartments along with spacious owner or manager living quarters featuring 3 bedrooms, 2 bathrooms, and a 2-car garage. Guests and residents will appreciate the

Supplements: ample paved parking and easy accessibility. The property also features a basement for additional storage or utility space, along with two separate storage sheds for equipment and supplies. With its excellent location, established layout, and added residential spaces, this property is well suited for an owner-operator or investor looking to expand ... (Read more)

Listing Details MLS# 26-89

Contract Information

Book Section: Commercial
Begin Date: 2026-03-10
Sold Date: 2026-06-01

Location Tax and Other Information

House Number: 361
Street Direction Pfx: S
Street Name: Nebraska
Street Suffix: St
State/Province: SD
Postal Code: 57058
County: McCook

General Property Description

Total Finished SqFt.: 5344
Age: 1964
Realtor.COM Type: Commercial
Lot Acres: 1.14
Waterfront YN: No

Construction

Roof: Asphalt Shingles

Utilities

Air Conditioning: Other
Heat Fuel: Natural Gas
Sewer: City
Water: City

Location, Tax and Other Information

Legal: Lot ''D''3 of OL''D'', Outlots TR7, Streff's Tracts N2SE4 14-103-55

More Information

Miscellaneous

Paved: Yes

Foundation

Block: Yes

Property Features

Miscellaneous: Paved Foundation: Block

Listing Office: Mitchell Realty LLC

Last Updated: June - 01 - 2026

Information deemed reliable but not guaranteed.