118 N Broadway Ave - Retail FOR SALE


Miller, SD 57362
$359,000 USD
605-453-0006
118 N Broadway Ave, Miller, SD for Sale
$359,000 USD
Retail - FOR SALE
1/72
null | Request Cap Rate

118 N Broadway Ave
Miller, SD 57362


HIGHLIGHTS

  • Perfectly located along Hwy 45, it offers excellent visibility, steady foot traffic, and exposure to drive consistent sales.
  • The business is offered turn-key and is housed in a building that has recently undergone extensive updates.
  • Updates to the property include: new central propane heat and air conditioning, a fully replaced roof system and more!

OVERVIEW

Here is your chance to own a true main street legacy in Miller, SD! Polly Shoe Store has served generations of loyal customers since 1956—many traveling 60+ miles to shop trusted name-brand footwear, and experience the personal service this iconic business is known for. Perfectly located along Hwy 45, it offers excellent visibility, steady foot traffic, and exposure to drive consistent sales. The business is offered turn-key and is housed in a building that has recently undergone extensive updates—including new central propane heat and air conditioning, a fully replaced roof system (standing seam metal roof plus an EPDM rubber roof with a 20-year warranty), corrected roof pitch for proper drainage, and upgraded electrical and plumbing. Above the store is a fully remodeled 2-bedroom apartment with a separate entrance—ideal for an owner-operator or additional rental income. The apartment features a fun vintage aesthetic with ribbed divider walls, an efficient layout, and a fully functional retro kitchen. (You will appreciate the unique pop-out stovetop and oven that holds temperature and bakes beautifully.) There is also a large rooftop area accessed just off of kitchen that may be perfect for a custom-built patio (buyer to verify requirements for personal or rental use). **Owner may consider selling the current business without the building. Whether you’re looking to continue a beloved retail history, live above your business, or add rental income to the mix—this opportunity has so much to offer! Own the tradition. Grow the future. Welcome to Polly Shoe Store.

FOR SALE DETAILS

PRICE

$359,000 USD

PRICE/SF

$101 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1942

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,194 SF

ZONING

C

APN/PARCEL ID

7858

ASK ABOUT THIS PROPERTY

Jolene HaunFaith Realty Brokers, LLCMore Info
605-453-0006

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Jolene HaunFaith Realty Brokers, LLCMore Info
605-453-0006

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.