Main Street Residential Online Auction

Use keyboard navigation (Tab key) to move between images, and press Enter or Space to view an enlarged version. In the enlarged view, use arrow keys to navigate between images and press Escape to exit.

Description

Main Street Residential Online Auction

Bidding opens July 6th at 12:00 AM CT

Auction starts to close July 13th at 6:00 PM CT

209 S. Main, Chamberlain, SD 57325

 

Main Street - Commercial Zoned - Residential Online Auction

Property Location: 209 S Main, Chamberlain, SD

Opportunities like this are hard to find in Chamberlain. This commercially zoned property offers excellent visibility, alley access, and a 41' x 120' lot. The existing structure includes 1908 sq ft of total living space across three levels. The home requires extensive renovation and repair and is being sold in its present, as-is, condition.

The commercial zoning allows uses that are unavailable to most residential properties in Chamberlain, including potential nightly rental operation-subject to applicable regulations. This is not a turnkey home. It is not a move-in-ready investment property. What it does offer is something that cannot easily be recreated: a highly visible Main Street location, commercial zoning, alley access, and future potential in the heart of Chamberlain.

Whether your vision involves renovation, redevelopment, commercial use, or a unique investment opportunity, this property deserves a closer look.

The opening bid of $25,000 meets the reserve, and the property will sell to the highest bidder once that amount has been achieved.

Sometimes the value of a property isn't found in what it is today—it's found in what it could become tomorrow. This property presents challenges, but it also offers one of the more unique combinations of location and commercial zoning available in Chamberlain.

Owner: Episcopal Church Chapter of Calvary Cathedral

209 S Main, Chamberlain, South Dakota 57325

 

Lot 100:209 S Main - Chamberlain, SD

Legal Description:  LOTS 15, AND LOT 16 – EXCEPT NORTH 3.3’ OF LOT 16 BLOCK 17 ORIGINAL CHAMBERLAIN, BRULE COUNTY, SOUTH DAKOTA.

The home itself contains three bedrooms on the second floor, a full bathroom, and additional usable space on the third level. However, prospective buyers should expect substantial repair costs. Water damage from a plumbing failure has impacted multiple levels of the home, portions of the interior have been removed, and significant renovation would be required to return the structure to a modern standard. The basement is in poor condition, and buyers should conduct their own inspections regarding the property's condition and future usability.

In addition, buyers should be aware that utility considerations exist, including shared infrastructure with the neighboring church property. 

Auctioneer

Peterson Land & Auction

310 Sorensen Drive
Chamberlain, SD 57325

View Profile

Phone Number
605-234-4214
View Auctioneer's Listings

Related Auctions