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112 W 2nd Ave, Lennox, SD, 57039

1beds
1baths
2,500sqft
$159,999
$64price/sqft
$1,250/moest. monthly cost
$50,000/yrincome needed

About This Home

COMMERCIAL, LIVE/WORK, BARNDOMINIUM – DEVELOPER’S DREAM Discover the ultimate foundation for your next project with this massive 50x50 structure offering 2,500 square feet of completely open, unobstructed space. Perfectly positioned on a low-maintenance lot with zero yard maintenance, this property includes five off-street parking spots accessible right off the alleyway. Premium Upgrades & Structural Readiness No expense was spared on major updates. The building boasts a brand-new, high-end insulated TPO commercial-grade roof system (valued over $30k alone) ensuring exceptional efficiency and durability, alongside recently replaced energy-efficient windows and secure doors. The structural heavy lifting is already done—the building features an existing 10x12 lintel in place, ready to effortlessly accommodate a future garage door or loading bay without massive framing costs. Blank Canvas Infrastructure The interior serves as a completely open canvas. Electricity is fully connected and active throughout the building. Natural gas is already supplied directly to the structure, presenting an easy path to adding a full furnace system. A half-bath layout is framed and ready, with the water main located directly at the building for seamless connection. It is currently utilized for personal vehicle storage and hobby space, comfortably heated with a wood stove and supplemental heaters. Zoned Commercial with Live/Work Potential Now zoned commercial, this property offers unparalleled live/work flexibility. It is a true "barndominium" lover's dream, allowing you to seamlessly combine a spacious functional workspace with custom residential living areas. The commercial zoning unlocks massive potential for a wide array of business uses—including a retail boutique, professional office spaces, contracting workshop, fitness studio, or e-commerce fulfillment hub. (Buyers to verify all permitted uses directly through the town of Lennox). The Ultimate Developer’s Bundle Deal Looking for a larger project? This property can be purchased together with 201 S Elm St (located just 2 blocks away) to create an absolute developer's dream package. Combined, these two properties offer approximately 1 acre of land and 11,000 sq. ft. of total interior structure, giving you massive footprint scale for a dual-income commercial compound, multi-use conversion, or luxury workshop build-out. Flexible Financing & Broker Compensation Skip strict traditional bank guidelines—flexible owner financing is available for qualified buyers presenting a strong downpayment. Broker cooperation is welcome: buyer’s agent commission will be paid by the seller. Bring your clients and let’s make a deal! Whether you want to customize the ultimate luxury car storage garage, launch your business, or build out a unique residential custom living space, the heavy lifting has already been completed. Bring your vision to this rare, business-friendly opportunity! Contact Information For any questions or to schedule a private viewing, please call the owner directly.

Getting Around

43
WalkingCar-Dependent
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

9/10
Lennox Elementary - 02Grades PK-40.3 mi
9/10
Lennox Jr. High - 08Grades 7-81.0 mi
7/10
Lennox High School - 01Grades 9-121.0 mi

Construction

Condition

  • Year built: 1930

Materials

  • Roof: Other

Type & Style

  • Home type: SingleFamily

Interior

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Concrete
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Other,Stove,Electric,Gas,Propane / Butane,Wood / Pellet
  • Cooling features: None

Interior Area

  • Total interior livable area: 2,500 sqft

Property

Details

  • Parcel number: 2501006014

Features

  • Exterior features: Stucco,Cement / Concrete
  • Has view: Yes
  • View description: City

Lot

  • Lot size: 3,650 sqft

Parking

  • Total spaces: 15
  • Parking features: Garage - Attached,Off-street,On-street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormVery High
  • Tornado
    TornadoVery High
  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Drought
    DroughtModerate

How This Home’s Risks Compare

Ice Storm
Tornado
Winter Weather
Cold Wave
Hail
Inland Flooding
Strong Wind
Drought

FEMA Declared Disasters in Lincoln County and South Dakota

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $809$9,708
Home Insurance $102$1,224
Property Taxes $149$1,788
Electricity $190$2,291
Total$1,250$15,000

Income You'd Need if You Spent...

35% on housing$42,857/yr
40% on housing$37,500/yr
45% on housing$33,333/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 18.3%
18.3%
0%30.0%
Electricity Growth Rate10-year average: 2.1%
2.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.3%
1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$64This listing

vs Other Active Listings

Avg $/sqft

ZIP 57039$144
Lincoln County$180

vs Homes Sold Last Month

Median $/sqft

ZIP 57039$181
Lincoln County$195

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-15Price change$159,999
2026-06-15Listed for sale$175,000

For Sale by Owner

AgentProperty Owner

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