208 Main StCanistota, SD 57012

Property Details for 208 Main St

Year built

1895

Lot size

0.15 AC

Property size (Sq ft)

4,548 SF

Property type

Commercial real estate

APN

21.06.0820

APU

21060820

Description

This exceptional investment opportunity presents a thriving restaurant and bar situated in the heart of Canistota, South Dakota, at 208 W Main St. The property encompasses 0.15 acres and offers a versatile layout ideal for continued success. The restaurant boasts a spacious, fully equipped kitchen capable of handling diverse culinary operations. A sizable dining room and buffet area provide ample seating for patrons. The bar features a 10-person bar rail, additional seating, and a dedicated casino area currently housing seven leased gaming machines. A significant advantage is the connected events area, perfect for hosting concerts, private functions, or simply expanding seating capacity. This space includes a stage and a large-screen TV, enhancing entertainment options. The property benefits from consistent foot traffic generated by nearby medical facilities. A lease-purchase option is available for qualified buyers with a substantial down payment. This turnkey operation presents a rare chance to acquire an established business with significant growth potential in a desirable location. The property's size and features make it an attractive investment for those seeking a profitable venture in a vibrant community. The current setup and equipment are in place, allowing for immediate operation and revenue generation.

• Alternative Use

  Use

  Valuation

  Residential

  $814,178

  Hospitality

  $745,782

  Educational

  $620,482

  Medical

  $641,822

  Retail

  $965,194

Location Insight

City

Canistota

County

Mccook

State

South Dakota

Latitude

43.5983

Longitude

-97.2913

CBSA code

43620

CBSA name

SIOUX FALLS, SD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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