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Investment Properties for Sale in De Smet SOuth Dakota

1 bed 1 bath bungalow

Multiple Revenue Streams

Multiple Revenue Streams

The 605 House

Slice of paradise! Investment property  or vacation home. Featured Guest Favorite on Airbnb & VRBO. Low maintenances, low utilities, low taxes. 

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Multiple Revenue Streams

Multiple Revenue Streams

Multiple Revenue Streams

Second Street Building

3 Units: 2 Short-Term Rental, Housekeeping Laundry Room, 24/7 Tanning Salon Business, Full Service Hair Salon - (this space could also be potential for office/retail for use by owner or rental!)

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Established Garden Center

Established Garden Center

Established Garden Center

Poinsett Gardens Greenhouse

Established location with loyal clientele. 3 well-constructed structures on corner lot property. Potential for 4-Seasons. 

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Incredible Opportunities

Established Garden Center

Established Garden Center

Prairie Fitness Center

13,000+ Sq.Ft. of endless opportunity! Situated in DeSmet’s health and wellness corridor and alongside its newest housing development. 3 lane lap pool, commercial kitchen, bonus loft space, business & residential zoning

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FOR Sale: THE 605 HOUSE

    $225,000

    "The 605 House" 605 SD Hwy-25 DeSmet, SD 57231

    Investment property or vacation home! 

    1 bedroom 1 bathroom bungalow - renovation completed in 2025 including all new plumbing, electrical, heating and cooling, appliances, cabinetry, flooring. Brand new private septic system and rural water. 


    Currently operating as a short term rental with occupancy rates reaching 95% in just the first 3 months of opening and a featured Five Star guest favorite on multiple booking platforms. Repeat guest bookings already within the first year of opening.


    High tourism with Laura Ingalls Wilder, prime hunting area, year round fishing, and long stay business travelers to area employers. 


    Outside of city limits. No city sales tax, low property taxes. 


    Large patio deck. Landscaping with low yard maintenance. 


    Contact: Victoria (605) 203-1101 va.avainc@gmail.com


    *Showing of property is subject to availability and will not interfere with renter’s reservations.

    Contact today!

    FOR Sale: Second Street Building

      $312,000

      Investment Opportunity! Rare Turnkey Commercial Property in DeSmet South Dakota


      Multiple revenue streams! Start earning income immediately with this property!

      Property Address 111-115 2ND Street SE, DeSmet SD, 57231  3 Units: 111, 113, & 115!  


      Property Features

      • 2 Short-Term Rental Units with Housekeeping Laundry Room
      • 24/7 Tanning Salon
      • Full Service Hair Salon - (this space could also be potential for office/retail for use by owner or rental!)


      Short-Term Rental Units Highly Rated and Featured Guest Favorites on multiple booking platforms like Airbnb & VRBO!  

      East unit 115: “Wilder Bunkhouse” sleeps 1-10+ guests West Unit 111: “Ingalls Flat” sleeps 1-5 guests.   

      Months of Upcoming 2026 reservations in both units! Ideal turnkey - buyer can take over all upcoming reservations.   

       Guest rental audience - High tourism with Laura Ingalls Wilder, prime hunting area, year round fishing, and long stay business travelers to area employers.    

      Seller is happy to help onboard and train buyer on Short-Term Rental operations to ensure a smooth transition. 

      View more on “Wilder Bunkhouse” and “Ingalls Flat” here: https://avainc.guestybookings.com/en  


      On-site Housekeeping Laundry Room perfect for easy, seamless, turn-overs after each reservation. Complete with 2 sets of washer & dryer, large wash tub, linen racks, supply storage racks, and kitchenette seating area. Ideal space for housekeeping staff!  


      De Smet Tanning Co. private 24/7 access tanning salon. Single Indoor UV Sun Bed. Use is by monthly memberships and pass purchase options. Simple key code entry and surveillance for managing access. https://dstanningco.square.site  


      Leigh Marie Salon. A full service salon with 4 stylist stations, laundry room, pedicure chair and manicure station. Potential for 4 booth rentals. Property includes salon equipment. Salon is currently operating as booth rental. Buyer could also turn this space into commercial office or retail! Great rental opportunity and incredible potential! 


      Contact: Victoria (605) 203-1101 va.avainc@gmail.com


      *** all business operations will continue as normal at this property *** Showing of property is subject to availability and will not interfere with renter’s reservations, current tenant schedules, or tanning customers ***  

      Contact today!

      For Sale: Poinsett Gardens Greenhouse

        $199,000

        PROPERTY FOR SALE Established Greenhouse Property with loyal clientele. 

        117 2nd Street SE, De Smet, SD 57231

        After almost 20 years owner has decided to retire and is selling their greenhouses.   

        Property features a corner lot with 3 structures! 

         Greenhouse #1 30'x80' Greenhouse #2 30'x48' Wood Cabin Potting Shed with loft and Deck #3  Greenhouses are connected with enclosed walkway!   


        Greenhouses are constructed with double-wall polycarbonate panels and galvanized steel framing. 

        • Featuring paved sidewalks and plant rack and hanging systems. • Thermostat Control ventilation Baffle System, 3 forced air furnaces, circulation fans, and intake/output fan system. Potential for 4-season greenhouse. • Checkout station, shopping carts, on hand supplies, several planters, and pottery for retail!

        View Facebook Page: https://www.facebook.com/poinsettgardens


        Contact: Victoria (605) 203-1101 va.avainc@gmail.com

        Contact today!

        For Sale: Prairie Fitness Center

          $749,000

          Property For Sale Prairie Fitness Center  309 Prairie Ave SW De Smet, SD 57231

             https://prairiefitnesscenter.com  

          Large open layout with modular design.  … 80’x130’ Lester Steel Building completed in 2019  10,400 sqft with additional lofted 3,185 sqft  

          Situated in DeSmet’s health and wellness corridor and alongside its newest housing development.  


          Property features:  Massive, wide open main floor space - the size of a full size basketball court!  Indoor 3 lane lap swimming pool. 69’ L x 18’ W x 4’ D in-ground swimming pool with chair lift.  Fully equipped Commercial Kitchen & Lounge Space.  Men’s and Women’s restrooms both complete with 3 showers each. Full bath in loft area.  Single phase 120/240v and 3 phase 120/208v  3 forced air heating and 3 central air cooling units (1 in pool room, 1 in main open area, and 1 for offices/rooms areas)  18’ side walls. Paved parking. 2 10’x10’ overhead doors.  

          ***Property is zoned R-2 general residential with variance for commercial building (currently for a fitness center)***   Property is listed For Sale by Owner  


          Visit our website for more information and to Contact. https://prairiefitnesscenter.com  

          Video Tour: https://www.youtube.com/watch?v=KuFsmMiFDBU


          Contact: Victoria (605) 203-1101 va.avainc@gmail.com


          Contact today!

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