For Sale
$328,000

11498 363Rd Ave Leola, SD 57456

Turnkey Grocery & Cafe Business

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional turnkey business opportunity in Leola, South Dakota, presents a rare chance to acquire a well-established grocery store and cafe. Located at the intersection of SD Highways 10 & 45, this 4,191 square foot building sits on a substantial 3.88-acre lot, offering ample parking for cars and semi-trucks, with convenient dual drive-through exits. Constructed in 2012, the building features a thoughtfully divided layout: one side houses a fully operational grocery store, while the other encompasses a commercial kitchen, cafe, dining area, and bar, each with its own entrance. The property boasts modern amenities including in-floor heat, forced-air propane heat, and central air conditioning. Durable metal clad siding and a metal roof ensure low maintenance. All equipment necessary to operate both businesses is included in the sale, encompassing 24 door coolers/freezers, five compressors, extensive shelving, a complete kitchen setup, and all cafe equipment. Additional assets include an owner-operated ATM, South Dakota Lottery licenses (scratch tickets and Lottery), a credit card machine, and city Malt Beverage & South Dakota Wine licenses. The building also features a large walk-in cooler, a walk-in freezer, an office, a utility/mechanical room, a compressor room, two dry storage rooms, and two ADA-compliant restrooms. This sale includes everything needed to run the businesses, except for the inventory cost of grocery and cafe food supplies, which will be determined at closing. This prime location, the only grocery store within a 20-mile radius, ensures a strong customer base and significant potential for continued success. The asking price is $328,000.

Property Details for 11498 363Rd Ave

Property type
Office properties
Lot Size (sq. ft)
169,013 SF

Location Insight

City
Leola
County
46089
State
South Dakota
Latitude
45.7663466
Longitude
-99.221455

FAQs

What type of property is this?
Office property - Turnkey Grocery & Cafe Business
Where is the office property located?
The property is located at 11498 363Rd Ave Leola, SD.
What is the asking price?
The asking price for this property is $328,000.
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11498 363Rd Ave
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