# 508 Main Street, Lead, SD 57754

> **TL;DR:** commercial, $429,000 ($284/sqft), built 1969, 1,512 sqft. Est. $1,859/mo. Listed 686 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $429,000 |
| Price/sqft | $284 |
| Square Feet | 1,512 |
| Year Built | 1969 |
| Lot Size | 5,227 sqft (0.12 acres) |
| Stories | 1 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 686 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,859 |
| **Total** | **$1,859** |

## Property Highlights

- Built in 1969
- 0.12 acre lot

## Description

### Agent 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.

## Location

- **Address:** 508 Main Street, Lead, SD 57754
- **Coordinates:** 44.3520874923989, -103.769323
- **Google Maps:** https://www.google.com/maps?q=44.3520874923989,-103.769323

## Listing Agent

- **Name:** Scot Munro
- **Brokerage:** Great Peaks Realty
- **Phone:** 6056416482
- **Email:** munropeaks@gmail.com

## Primary Photo

![508 Main Street - Primary Photo](http://lh.rdcpix.com/4d188b0bc312272fc34c38b00a038212l-f820654797r.jpg)

*29 total photos available on [listing page](https://www.propertysimple.com/listing/508-main-street-lead-sd-57754-sd80321)*

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**MLS#:** 80321 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Mt. Rushmore Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/508-main-street-lead-sd-57754-sd80321)

---

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