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


$625,000
29298 U.S. 281
Lake Andes, SD 57356
MLS# 26-93
Status: Closed
8064 sqft


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Property 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

Details
Maps
General Property Description
Realtor.COM Type: Commercial
Lot Acres: 3.05
Waterfront YN: No
Total Finished SqFt.: 8064
Age: 2019
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
Currently Not Used
Assessed Valuation: 343900
Construction
Exterior Const: Steel
Roof: Metal
Miscellaneous
Insurance $: 5133.29
Lease Terms: 12 Months
Foundation
Poured: 1
Income
Gross Income: 39740
Net Income: 29596
Contract Information
Current Price: $625,000
Book Section: Commercial
Begin Date: 2026-03-04
Sold Date: 2026-05-26
Status: Closed
List Price: $625,000
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
Property Features
Foundation: Poured
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 units, the property offers plenty of space to construct a third storage building, creating an opportunity to significantly increase revenue and overall property value. Located just minutes from the river, this facility is positioned to capture demand from boaters, campers, and seasonal visitors looking for secure and convenient storage. With established infrastructure, modern buildings, and expansion potential, this property presents a solid long-term investment with growth potential. LISTING AGENT IS RELATED TO THE SELLER.

Listing Office: Juffer Real Estate

Last Updated: May - 28 - 2026

Information deemed reliable but not guaranteed.