Skip to content
Photo 1 of 29
Photo 1 of 29 — 508 Main Street, Lead, SD 57754
View all 29 photos

508 Main Street, Lead, SD 57754

Lawrence County

Key Facts

1,512Sq Ft
1969Year Built
0.12Lot (acres)
1Stories

Description

Contact listing agents Scot Munro 605-641-6482 or Heath Gran 605-209-2052 with Great Peaks Realty. This is your chance! – purchase this downtown space & local laundromat equipped with a brand new addition. The laundromat has been around for years – and is local favorite. Recently, a section of the space has been remodeled and used as a secondary lease space. There may be potential for the current tenants in the back areas to continue & those terms will be negotiated with the new buyers. A separate shed in the back is currently leased as office space - and this is negotiable as part of the purchase.

Property Information

Property Type

Commercial Sale

Sub-Type

Business

Year Built

1969

Stories

1

Living Area

1,512 sq ft

Lot Size

0.12 acres

MLS® Listing#

80321

Property Features

Heating

Forced Air

Laundry

Laundry Room

Construction

BlockFrame

Sewer

Public Sewer

Directions

Main Street, Lead

Affordability Calculator

$85,800

Estimated monthly payment

$2,283/mo

Principal $343,200 · Est. interest $478,795 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Lead, SD

$851,163
Median Listing Price
97
Median Days on Market
2,493
Median Sq Ft
$360
Median Price / Sq Ft
182
Active Listings
  • This home’s price is 50% below the area median.
  • Its price per sq ft is 21% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Lead, SD.

Location

Map showing the location of 508 Main Street, Lead, SD 57754

Points of Interest in Lead, SD

Showing the Lead area map.

Nearby Schools

  • Lead-Deadwood Middle School - 02

    Secondary · 0.4 mi away

  • Lead-Deadwood School District

    Elementary · 2.5 mi away

  • Black Hills Christian Academy

    School · 8.4 mi away

  • Kid Konnection

    School · 10.0 mi away

  • Whitewood Elementary School

    Elementary · 10.1 mi away

  • Mountain View Elementary School

    Elementary · 10.4 mi away

  • Spearfish School District

    School · 10.4 mi away

  • Spearfish Special Education

    School · 10.4 mi away

  • West Elementary School

    Elementary · 11.0 mi away

  • Spearfish Middle School

    Secondary · 11.2 mi away

  • Spearfish High School

    Secondary · 11.3 mi away

  • Creekside Elementary School

    Elementary · 11.7 mi away

  • Sturgis Elementary School

    Elementary · 13.0 mi away

  • Genesis School of Natural Health

    School · 13.0 mi away

  • Sturgis Williams Middle School

    Secondary · 13.2 mi away

  • Meade School District 46-1

    School · 13.3 mi away

  • Francis Case Primary School

    Elementary · 13.6 mi away

  • Sturgis Brown High School

    Secondary · 15.7 mi away

  • Nemo Schoolhouse

    School · 17.1 mi away

  • Piedmont Valley Elementary

    Elementary · 20.4 mi away

Commute Calculator

Travel mode

Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
212 May Street, Lead, SD$310,00052,235
212 MAY ST, Lead, SD$310,00051,785
815 W Main Street, Lead, SD$315,0002,452
815 W Main Street, Lead, SD$315,00013,082
Lot 1, Lead, SD$325,000
Lot 2, Lead, SD$325,000

Moving Cost Estimate

EXIT Agents in Lead

Listing Courtesy: Great Peaks Realty - 6057177325

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than {{BROKERAGE}} are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. Copyright ©2026 Mount Rushmore Area Association of REALTORS®, Inc. Multiple Listing Service. All rights reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by MountRushmore. MLS® Listing#80321. © 2026EXIT Realty®. All rights reserved.