Turnkey Downtown Investment Opportunity | 106 E Dakota Ave | Pierre, SD Located in the heart of South Dakotaâs capital city, 106 E Dakota Ave offers a rare opportunity to acquire both a well-positioned commercial building and an operating business in downtown Pierre â with additional income-producing residential space above.vPositioned just steps from the State Capitol, government offices, retail shops, restaurants, and professional services, this property benefits from consistent foot traffic, a strong daytime workforce, and the year-round economic stability that comes with being in the center of state government activity.The main level features a well-maintained commercial space designed for efficient business operations with excellent street visibility along Dakota Avenue. This is an ideal setup for an owner-operator or investor seeking a turnkey acquisition with immediate income potential. Bonus Income Potential â 4 Bed | 2 Bath Apartment Above the commercial space is a spacious 4-bedroom, 2-bathroom apartment offering exceptional flexibility and additional revenue opportunities. The residential unit could be utilized as: A long-term rental for stable monthly income A short-term rental (Airbnb/VRBO) catering to government visitors, contractors, and tourism traffic Owner-occupant housing with business below Employee or executive housing The combination of commercial business income plus residential rental income creates a diversified investment opportunity rarely available
Presented By: eXp Realty
Interior Features for 106 E Dakota
Other Interior Features
BasementFull Basement, Partial Finished
General for 106 E Dakota
Agent First NameMichelle
Agent Last NameChenoweth
AreaPierre
Auction Y/NNo
CityPierre
ClassCOMMERCIAL/INDUSTRIAL
ConstructionFrame
CovenantsNo
DirectionsFrom downtown Pierre, head to E Dakota Ave. Property is located on the north side of E Dakota Ave in the downtown business district.
ExtrasLounge/Bar, Living Quarters, Restaurant, Storage
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