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705 HICKORY ST Kadoka SD 57543

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Details
Property Type Multifamily
Sub Type Apartment Building
Building SqFt 24,222
Lot SqFt 1,599,475
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Building Count 8
Opportunity Zone No
Sold Price per Acre ******
Tax Year ******
Days on Market ******
USPS Vacancy Indicator N
Latitude 43.832289
Longitude -101.510214

Property History

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Property Type
Property Type
Special Purpose
Property Subtype
School
Marketing Description

RARE opportunity to own a profitable, TURN KEY business in Kadoka, SD! This established daycare business has a 3,300sqft building on .08 acres on Kadoka's Main St, and is being sold fully furnished *Significant updates in the last 8 years include: generator, updated steel siding, metal roof with new gutters and downspouts, new doors and windows, professionally installed carport, new plumbing and HVAC, new water heater, new electricity and lighting throughout, updated flooring and more *Housed on one level, the building has been gated off to allow care for children infants 8 weeks - 5 years old, with separate areas for sleeping, eating and classroom learning throughout *Property has 2 onsite kitchens for in-house meal prep, and all appliances stay *Adult and child bathrooms throughout Secured front and back door access, plus a gated foyer and entryway *Private laundry facilities *Fully fenced outdoor play area with secured entrance into facility *Dedicated parking out front and in back, plus a professionally installed carport for covered parking. If you've dreamed of an opportunity to own an established business with a proven profit model, now is your chance- call today!

This preschool and daycare is fully licensed with the State of South Dakota as a group home up to 20 kids with staff. Has everything needed to handle children as young as an infant. All kitchen appliances, pots/pans and utensils are included in sale, along with most fixtures, linens, interior and exterior play equipment and furniture. Secured room in back of the building is off limits for daycare use, but with some minor consturction could be turned into onsite apartment or lounge area.

Investment Highlights

Profitable, Turn key business in Kadoka SD • 3325sqft building on Main St. • Sold fully furnished • 2 secured entrances • secured outdoor play area with entrance into facility

Property Type
Property Type
Multifamily
Property Subtype
Apartment Building
Marketing Description

Affordable senior housing facility with 30 units, professional management, on-site facility manager and maintenance staff in place. Located just off Main Street in Downtown Kadoka.

HAP contract. Recent $23K investment in building renovations. New roof/fascia/gutters/downspouts in 2022 ($150K). Average monthly rent is $831 and is adjusted annually. Significant upside opportunity with improved operations now that renovations are complete. Limited competition in the market.

Listed by Chris Long, 605-335-8100, and Dan Logan, 605-593-7980, Keller Williams Realty Black Hills, KW Commercial.

Investment Highlights
  • Professionally managed by RAM Housing

  • Common room cafeteria leased to Feeding South Dakota and available for resident use

  • No HUD financing, limited oversight

  • Current REAC score 90+ with inspection and repairs completed in 2022

  • Recent $23K investment in building renovation/repair

  • New roof/fascia/gutters/downspouts in 2022 ($150K)

  • Two coin operated shared laundry facilities

  • Owner paid utilities (All electric)

  • Financials available with signed NDA

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Zoning

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C-1 CommercialSpecial CommercialDowntown Commercial District
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View all 16 uses
View all 16 uses
Last updated Jul 1, 2026 For deeper zoning details, reports are available at Zoneomics

Property Details

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Contacts

Sold on
 BY:
CL
Chris Long PRO
•••.•••.4489
•hris@•••••••••••••••••••.com
Brokerage logo
Listing removed on
 BY:
DK
David Kahler PRO
•••.•••.8080
•avid@•••••••••••••.com
Brokerage logo

Map

Comparable Properties

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Rental Market Overview

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This rental data is based on the nearest market to this property: Pierre, SD.
Pierre, SD median rent ********
***  ****** **** *** ******** ***
National median ********
Compare median rents across markets
Pierre, SD (nearest market)
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Data provided byDwellsy IQ
*All information is deemed reliable but not guaranteed.
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