745 1/2 Sherman Street S Leola, SD $ 75,000
745 1/2 Sherman Street S
$ 75,000
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745 1/2 Sherman Street S

Leola, SD, 57456
$ 75,000
Bedrooms-- Baths-- Sq 1,346

Monthly Estimate*

$ 462

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Commercial Property for sale in Leola, SD

for $75,000. This 1,346 square foot building was built in 1936 on a lot size of 0.161.

Endless possibilities await with this commercial property in the heart of rhubarb capital of the world: Leola, South Dakota. Formerly a bar, this building is ready for your vision--whether you're dreaming of a cafe, retail shop, event space, office or hunting lodge. Its flexible floor plan and central location make a prime property for the ''community hub.'' This dream property for entrepreneurs ready to invest in a growing rural community. Solid structure, prime location, and small-town charm make this an investment worth exploring.*Being sold ''AS IS, WHERE IS.'' *Liquor and liquor license DO NOT transfer upon sale of property!!!!

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Commercial Active

Price

$ 75,000

Property Type

Commercial

Taxes

$ 1,528

Style

Commercial

Lot Size

0.161

Year Built

1936

Town/City

Leola

County/Region

McPherson

MLS | Web ID

4021928

Features
General
Sewer Public Sewer
Heating Propane
Cooling Central Air Wall/Window Unit(s)
Utilities Electricity Connected Sewer Connected Trash Pickup - Public Water Connected
Possession Close Of Escrow
Roof Rubber
Zoning Commercial
Electric 220 Volts
Architctural Style Main Floor Unit
County McPherson
Levels One
Business Type Bar/Tavern/Lounge Office Space Professional Service
Property Type C
Area Outlying Towns SD
Sub Area Outlying Towns SD SE
Accessibility Features No
Tax Year 2024
Status Active
Lot Sqft 7000.00
Construction Materials Brick Stone Stucco
Sub Type Commercial
Year Built 1936
Directions FROM ABERDEEN: US-281 N to SD-10 W left on ShermanFROM BISMARCK: US-83 S to SD 10 E R on Sherman
City Leola
Taxes 1528.00
List Price/SqFt 55.72
Legal Description :LOTS 4 & 5 BLOCK 5 ORIGINAL PLAT CITY OF LEOLA
Street Name Sherman
Public Remarks Endless possibilities await with this commercial property in the heart of rhubarb capital of the world: Leola South Dakota. Formerly a bar this building is ready for your vision--whether you're dream
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Exterior
Exterior Features Courtyard
Lot Features Rectangular Lot
Foundation Block Concrete Perimeter
Fencing None
Lot Dimensions 50x140
Water Source Public
Parking Features Alley Access On Street
Lot Acres 0.1610
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Interior
Basement Concrete
Flooring Carpet Hardwood
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* Excluded Features
List By
Maggie Newhouse

Listing Agent

Century 21 Morrison Realty

Broker

(208) 440-2186

Phone

maggie@c21morrison.com

Email

Affordability Calculator

$589
Per Month
78%
22%
0%
Monthly Principal & Interest
$462
Monthly Property Taxes
$127
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2403247 Elementary School
2403252 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/23/2025$75,000 Listed Price

Map


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745 1/2 Sherman Street S, Leola, SD, 57456 is a Commercial Property for sale at $75,000 with 1,346 sqft and a lot size of 0.161. 745 1/2 Sherman Street S was built in 1936. The property's zip code is 57456 which is in Leola, SD