For Sale
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117 Main StChamberlain, SD 57325

Established Restaurant, Full Equipment

Overview

Added:
Dec 11, 2024
Days on market:
120
This exceptional turnkey restaurant opportunity presents a thriving Main Street Cafe & Market in Chamberlain, South Dakota. The 4,664 square foot building, situated on a 5,280 square foot lot (44' x 120'), boasts a prime location in the heart of Chamberlain's bustling downtown business district, along Interstate 90 and the Missouri River. Built in 1936 and extensively renovated in 2023, the property features a dining room, banquet room, full-service bar, and a retail gift shop. The restaurant operates seven days a week, from 6:00 AM to 3:00 PM, and includes a catering business with established hunting group clientele. The sale includes all existing equipment, a liquor license, and on/off-sale beer and wine licenses. Recent upgrades (2023) encompass remodeled restrooms, new flooring in key areas, and a new commercial dishwasher. Other features include a rebuilt roof (2022), a large walk-in cooler with new compressors, a walk-in freezer, a full kitchen, a 1000-gallon propane tank, central air conditioning, and propane heat. The property's legal description is Lots 28 & 29 Blk 13 Original City Chamberlain, Brule County, South Dakota. Real estate taxes are $2,599.84. The previous owner may be available to assist the new owner during a transition period. Food and alcohol inventory will be negotiated separately. This is a cash sale with a non-refundable earnest money payment of $15,000.00 due within 24 hours of auction closing. The sale is AS-IS/WHERE-IS. Closing is scheduled for October 15, 2024.

Highlights

  • Turnkey restaurant opportunity in Chamberlain, SD's downtown business district, on I-90 and the Missouri River.
  • 4,664 SF building on a 5,280 SF lot (44' x 120'), extensively renovated in 2023. Includes dining room, banquet room, full-service bar, and retail gift shop.
  • Established seven-day-a-week operation (6 AM - 3 PM) with catering business and hunting group clientele. Includes all existing equipment, liquor license, and on/off-sale beer and wine licenses.
  • 2023 renovations include remodeled restrooms, new flooring, and a new commercial dishwasher. Other features include a rebuilt roof (2022), walk-in cooler/freezer, full kitchen, 1000-gallon propane tank, central AC, and propane heat.
  • Legal description: Lots 28 & 29 Blk 13 Original City Chamberlain, Brule County, SD. Real estate taxes: $2,599.84. Cash sale; $15,000 earnest money deposit due within 24 hours of auction closing. Closing October 15, 2024. AS-IS/WHERE-IS. Food and alcohol inventory negotiated separately. Seller may assist with transition.

Property Details for 117 Main St

Property type
Retail properties, Restaurants
Square Feet
4,664 SF
Year Built/Renovated
1936/2023
Buildings
1
Stories
1

Location Insight

City
Chamberlain
County
Brule
State
South Dakota
Latitude
43.81059967727
Longitude
-99.330504185081
117 Main St, Chamberlain, South Dakota

FAQs

What type of property is this?
Retail property - Established Restaurant, Full Equipment
Where is the retail property located?
The property is located at 117 Main St Chamberlain, SD.
What are key features of this property?
This property features: Turnkey restaurant opportunity in Chamberlain, SD's downtown business district, on I-90 and the Missouri River.; 4,664 SF building on a 5,280 SF lot (44' x 120'), extensively renovated in 2023. Includes dining room, banquet room, full-service bar, and retail gift shop.; Established seven-day-a-week operation (6 AM - 3 PM) with catering business and hunting group clientele. Includes all existing equipment, liquor license, and on/off-sale beer and wine licenses.
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117 Main St
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