105 Main StElk Point, SD 57025

Property Details for 105 Main St

Year built

1900

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.09 AC

Property size (Sq ft)

3,520 SF

Property type

Commercial real estate

APN

03.01.04.1030

APU

301041030

Description

This exceptional turnkey restaurant opportunity is located at 105 W Main St, Elk Point, SD 57025. The property boasts a substantial 3,600 square feet of space, perfectly suited for a thriving culinary business. The layout includes three distinct dining areas with seating for over 100 patrons, creating a welcoming and spacious atmosphere. A beautiful bar adds to the ambiance, complementing the overall design. Two restrooms ensure guest convenience. Beyond the customer areas, the property features a large prep and storage area, essential for efficient restaurant operations. A fully equipped kitchen is ready for immediate use, eliminating the need for extensive renovations or equipment purchases. This is a significant advantage for prospective buyers, allowing for a quick start to operations. The sale includes all fixtures, furniture, and equipment (FF&E), further streamlining the transition process. A valuable Union County Liquor License is also included in the sale price of $350,000, representing a significant asset for any restaurant operation. The 0.13-acre lot provides ample space for outdoor seating or other potential expansions. This property presents a rare opportunity to acquire a well-established restaurant with all the necessary components for immediate success. Note that an adjacent property at 103 W Main St is also available for purchase, creating a potential for expansion or a larger investment opportunity for a total price of $475,000.

• Alternative Use

  Use

  Valuation

  Residential

  $630,146

  Hospitality

  $577,211

  Educational

  $480,232

  Medical

  $496,748

  Retail

  $747,028

Location Insight

City

Elk Point

County

Union

State

South Dakota

Latitude

42.6864

Longitude

-96.6843

CBSA code

43580

CBSA name

SIOUX CITY, IA-NE-SD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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