




112 W 2nd Ave, Lennox, SD, 57039
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
Schools
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
- Tornado
- Winter Weather
- Cold Wave
- Hail
- Inland Flooding
- Strong Wind
- Drought
How This Home’s Risks Compare
FEMA Declared Disasters in Lincoln County and South Dakota
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
| Monthly | Annual | |
|---|---|---|
| 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...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-15 | Price change | $159,999 |
| 2026-06-15 | Listed for sale | $175,000 |
