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25455446
25455299

111 LOGAN AVENUE, GREGORY, SD 57533

AllCity
Listed by AllCity
$1,300,000
312 days on market
Updated 10 days ago

AllCity Gregory

Details
APN 7585
Property Type Industrial, Mixed Use (+2)
Sub Type Warehouse, Manufacturing (+1)
Square Footage 14,400
Net Rentable (SqFt) 14,400
Units 6
Cap Rate 7.00%
NOI $90,833
Occupancy 100%
Tenancy Multi
Lease Type Modified
Rent Bumps Yes
Lease Options Renewals with escalations
Class A
Year Built 2023
Buildings 1
Stories 1
Lot Size (SqFt) 43,075
Zoning I-1
Investment Type Stabilized
Ground Lease No
Ceiling Height 16
Ownership AllCity Suites & Storage Gregory, LLC

Income-Producing Contractor Shops & Storage Facility in Gregory, SD

Marketing description

📍 FOR SALE | All City Suites & Storage – Gregory, SD

Offered at $1,300,000 | 7%+ CAP Rate

All City Suites & Storage – Gregory is now available for purchase. This premium 0.92-acre commercial property offers a blend of contractor shops, business suites, and storage units—strategically developed to serve the needs of local trades, entrepreneurs, and small businesses in Gregory, South Dakota.

Built with long-term durability and functionality in mind, the property is fully improved with insulated metal buildings, overhead doors, concrete drive lanes, and customizable unit layouts. Whether you're seeking a stabilized income-producing investment or a business hub with expansion potential, this asset delivers.

🔑 Property Highlights:

  • Listed for $1,300,000

  • 7%+ CAP Rate

  • 0.92-acre parcel (approx. 40,075 sq ft)

  • Multiple contractor-style units with garage doors

  • Insulated metal construction

  • Concrete drive lanes and ample parking

  • Gated access and tenant-friendly design

  • Underserved market with strong leasing demand

Located on Logan Avenue with easy access to Hwy 18, this is a rare opportunity to acquire a low-maintenance commercial asset in a growing regional market.

Listing Contacts

AllCity
Listed by AllCity

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$90,833.00
$7,569.42/mo

Valuation Metrics

0
DSCR
6.99%
Cap Rate
6.99%
ROI

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