For Lease
$22/SF/YR

5001 Western Ave Sioux Falls, SD 57108

Thriving Sports Bar, Sale or Lease

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional Class A restaurant and sports bar, located at 5001 S Western Ave, Sioux Falls, SD 57108, presents a unique investment opportunity. Built in 2005, this single-tenant property boasts a substantial 9,206 square feet on a 1.386-acre lot (60,374 sq ft). The property features a fully equipped kitchen, a well-appointed bar, and ample dining space capable of seating 350 people indoors. Outdoor seating on the expansive patio can accommodate over 150 additional guests. Further enhancing its versatility, the property includes a private casino room complete with a bar and fireplace, and a flexible conference/party room. The building is served by 1,600 Amp 3-phase power. Its prime location on the south side of Sioux Falls, conveniently situated off I-229 Western exit, ensures high visibility and accessibility. This turnkey operation is ideal for an established business seeking expansion or a new venture looking for a ready-made, high-capacity venue. The property is available for both sale and lease, offering flexibility to prospective buyers and tenants. Lincoln County location provides access to a strong local market. This is a rare opportunity to acquire a well-established and profitable business in a high-growth area.

Highlights

  • Located within The Bridges at 57th St, a shopping/commercial development with 833,000 annual visits.
  • High traffic area: 40,600 vehicles daily at 57th & Western, plus 51,578 vehicles daily on I-229.
  • 2005 construction.
  • 95+ dedicated parking stalls.
  • 2023 real estate taxes: $32,035.20 (payable 2024).
  • Seating for 350 indoors, ~150 on the patio.

Property Details for 5001 Western Ave

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
9,206 SF
Class
A
Year Built
2005

Unit(s) available at that property

Space
Size
9,206 SF
Rate per SF
$22

Location Insight

City
Sioux Falls
County
Lincoln
State
South Dakota
Latitude
43.4998227
Longitude
-96.748312

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FAQs

What type of property is this?
Retail property - Thriving Sports Bar, Sale or Lease
Where is the retail property located?
The property is located at 5001 Western Ave Sioux Falls, SD.
What is the lease rate?
The lease rate is $22/SF/YR.
What are key features of this property?
This property features: Located within The Bridges at 57th St, a shopping/commercial development with 833,000 annual visits.; High traffic area: 40,600 vehicles daily at 57th & Western, plus 51,578 vehicles daily on I-229.; 2005 construction.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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Contacts

Scott Blount
Scott Blount
Raquel Blount
Raquel Blount
Visit Broker Website

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Western Ave
Sioux Falls, SD 57108

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Western Ave
Sioux Falls, SD 57108

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

5001 Western Ave
  • Scott Blount
    Scott Blount
  • Raquel Blount
    Raquel Blount
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