$355,000
Salem, SD 57058
MLS# 26-89
Status: Closed
5344 sqft
1 / 28
Property 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
Details
Maps
General Property Description
Realtor.COM Type: Commercial
Lot Acres: 1.14
Waterfront YN: No
Total Finished SqFt.: 5344
Age: 1964
Location, Tax and Other Information
Legal: Lot ''D''3 of OL''D'', Outlots TR7, Streff's Tracts N2SE4 14-103-55
Construction
Roof: Asphalt Shingles
Miscellaneous
Paved: 1
Foundation
Block: 1
Utilities
Air Conditioning: Other
Heat Fuel: Natural Gas
Sewer: City
Water: City
Contract Information
Current Price: $355,000
Book Section: Commercial
Begin Date: 2026-03-10
Sold Date: 2026-06-01
Status: Closed
List Price: $355,000
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
Property Features
Miscellaneous: Paved
Foundation: Block
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 their portfolio.
Listing Office: Mitchell Realty LLC
Last Updated: June - 01 - 2026
Information deemed reliable but not guaranteed.