118 E 2nd St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
118 E 2nd St
5,220 SF Office Building Miller, SD 57362 $789,833 CAD ($151 CAD/SF) 11.40% Cap Rate
Investment Highlights
- Large, overflow parking lot fronts N. Broadway (aka Main Street).
- Quick Sale Price: $400,000 with 14.3% cap rate.
- Concrete block construction.
- All property viewings must be through Broker with at least 2 days notice.
Executive Summary
Freestanding office property located one block east of N. Broadway in central business district Miller, SD is a county seat town Area neighbors include Hand County Hospital, Miller Schools K-12, Quion Bank, American Bank and Trust, Runnings, Kesslers Grocery. Current Tenant – Government agency for over 48 years with 2 years remaining at $95,000 +/- per year gross, negotiations ongoing for new lease. Historical expense ratio: 40%. Lease and financials upon request.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
5,220 SF
Building Class
B
Year Built
1976
Price
$789,833 CAD
Price Per SF
$151 CAD
Cap Rate
11.40%
NOI
$90,041 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,220 SF
Building FAR
0.50
Lot Size
0.24 AC
1 of 1
PROPERTY TAXES
| Parcel Number | 8020 | Improvements Assessment | $269,447 CAD |
| Land Assessment | $20,876 CAD | Total Assessment | $290,323 CAD |
PROPERTY TAXES
Parcel Number
8020
Land Assessment
$20,876 CAD
Improvements Assessment
$269,447 CAD
Total Assessment
$290,323 CAD
1 of 10
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
118 E 2nd St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.