USASDPierre106-E-Dakota-Ave-106 E Dakota Ave
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$1,200,000

For Sale

24 days ago

106 E Dakota Ave - 106 E Dakota Ave, Pierre, SD

House

MLS® 178542

0 Bed

0 Bath

2230 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size 2230 sqft
Garage 
Taxes 
Days Active 24
Lot Size 
Approx. Age 
Avg. Price Per Sqft $538
MLS® Number 178542

Property Address: 106-e-dakota-ave-106 E Dakota Ave, Pierre, SD, 57501-3110

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number178542
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 17, 2026List Date
$1,200,000List Price
  • Commute

Commute

Starting Address
Destination Address
106 E Dakota Ave, Pierre, SD

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MC

Listing Agent

MICHELLE CHENOWETH

[email protected]
605-461-1824
ON

Listing Agent

OTHER NON-MEMBER

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