305 W Main Street Lead SD 57754 MLS #87333

305 W Main Street
Lead, SD, 57754
$1,190,000
Beds
0 Baths
10,800 SqFt
0.2 Acres
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MLS #87333 image #0
The Stampmill Inn and Shot in the Dark Saloon is an award-winning (BEST American food restaurant in Lawrence County in 2025—highest Google rated), full-service restaurant and saloon in downtown Lead, South Dakota. On the main floor of this 10,800 sq ft building is the restaurant, saloon, 2 bathrooms and a newly expanded and remodeled kitchen in 2024. A full liquor license comes with this business, which is valued at $100,000. The full-service restaurant seats 60, and an additional 40 when the patio is open. The food trailer accommodates the expanded food and beverage demand when the high-demand patio is open. In fact, the 2023 food trailer almost doubles the kitchen capacity when open. , On the 2nd floor is the boutique Victorian inn comprised of 2, two-room suites with full baths, along with a full laundry and small kitchen. They are unique in that they have a separate entrance to the suites. The Sanford Underground Laboratory (SURF) is gearing up and has created short-term, medium-term, and long-term housing demand. The inn has been able to accommodate different housing support of the scientific researchers’ needs. The 3rd floor is wide-open for the new buyer to create their own vision. This floor has 8 rooms ready for development along with some electricity already installed.

Property Details

Price:
$1,190,000
MLS #:
87333
Status:
Active
Baths:
0
Type:
Commercial
Neighborhood:
lead
Listed Date:
Feb 2, 2026
Finished Sq Ft:
10,800
Lot Size:
8,712 sqft / 0.20 acres (approx)
Year Built:
1897
Lead

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Schools

Interior

BASEMENT/SUBSTRUCT
Full Basement, Walkout, Completely Finished, Stone Foundation
COOLING
Refrig. C/Air
HEATING
Natural Gas, Forced Air, Radiant Ceiling

Exterior

CONSTRUCTION
Block, Brick, Other
EXTRAS
Fireplace, Furnished, Hi- Traffic Location, High Visibility, Kitchen Area, Laundry, Lounge/Bar, Landscaped, Loading Dock, Restaurant, Restrooms, Storage, Window Coverings
PARKING
Street Parking, Other ( See Remarks)
ROAD SURFACE
Concrete

Financial

UTILITIES- SEWER
City ( At Site)

Map

Community

Market Summary

Current real estate data for Commercial in Lead as of Jun 03, 2026
9
Commercial Listed
199
Avg DOM
109
Avg $ / SqFt
$323,467
Avg List Price

Property Summary

    305 W Main Street Lead SD is a Commercial for sale in Lead, SD, 57754. It is listed for $1,190,000

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