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500 E 1st St

Tea, SD 57064
  • $1,600,000
  • STATUS: Active
  • ON SITE: 50 Days
  • MLS #: 22502827
UPDATED: 27 min ago
$1,600,000
  • 0
    BEDS
  • 1.84
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 6,991
    SQFT
  • $229
    $/SQFT
Type:
Commercial
Built:
1994
County:
Area:

School Ratings & Info

Description

Seize this rare chance to own a fully operational daycare center in one of the youngest and fastest-growing communities in South Dakota. This well-established center is ideally located on one of the main east-west thoroughfares in town, ensuring high visibility and easy access for busy families. With 3 years remaining on the current lease, this is a stable and income-generating opportunity for both seasoned investors and first-time buyers looking to enter the childcare market. The property also includes on-site storage units, providing additional revenue streams to boost your return on investment. Whether youre looking to expand your portfolio or take advantage of the local demographic boom, this daycare center offers both immediate income and long-term potential.

Monthly Payment Calculator

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Sioux Empire Realty Group | Hegg Realtors are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-06-20T21:18:44.433.
www.sellthe605.com/homes/163156476
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500 E 1st St Tea, SD 57064

  • Price: $1,600,000
  • Status: Active
  • On Site: 50 Days
  • Updated: 27 min ago
  • MLS #: 22502827
0
Beds
4
Baths
0
½ Baths
1.84
Acres
6,991
SQFT
$229
$/SQFT
1994
Built
Neighborhood:
Zelmer 2nd Addn To City Of Tea
County:
Lincoln
Area:
Sf-80
Property Description
Seize this rare chance to own a fully operational daycare center in one of the youngest and fastest-growing communities in South Dakota. This well-established center is ideally located on one of the main east-west thoroughfares in town, ensuring high visibility and easy access for busy families. With 3 years remaining on the current lease, this is a stable and income-generating opportunity for both seasoned investors and first-time buyers looking to enter the childcare market. The property also includes on-site storage units, providing additional revenue streams to boost your return on investment. Whether youre looking to expand your portfolio or take advantage of the local demographic boom, this daycare center offers both immediate income and long-term potential.
Exterior Features

Access City Street Construction Frame Parking Capacity 50+ Parking Description ExclusivePaved Parking Location On Site Road Surface Asphalt Roof Composition

Interior Features

Bath Type Common Cooling Central Floors CarpetTileLaminateLuxury Vinyl Plank Heat Source Electric Heating Central Safety Features Fire AlarmSecurity SystemSmoke DetectorExterior LightingSecurity FenceSecurity LightingFire Sprinkler System

Property Features

Additional Financial Info Yes Additional Property Info None Amenities Outside StorageFencingGarageInside StorageFenced StoragePublic RestroomPrivate RestroomShared Break Room Bank Owned REO No Building Name Purple Crayon Commercial Type Special Use Disabled Access Handicap ParkingLevel LotRamped Entrance Inside City Limits YN Yes Lease Type NNN Lot Dimensions 275x302 Possession Immediate Sale Includes BuildingsEquipmentFixture(s)Land Sale Or Lease For Sale Only Services City WaterCurb/GutterNatural GasSanitation Sewer Short Sale No Special Use Description Daycare Sq Ft Source Appraiser Taxes 17842.57 Zoning General Business - GB

Realtor Association of the Sioux Empire logo Listing provided courtesy of Tricia Cook of Faith Realty Brokers, LLC: 605-453-0006. © 2025 REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. All Rights Reserved. Information Deemed Reliable But Not Guaranteed.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Sioux Empire Realty Group | Hegg Realtors are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-06-20T21:18:44.433.
 
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Sioux Empire Realty Group | Hegg Realtors
6225 S. Minnesota Ave
Sioux Falls SD, 57108