102 Main StLennox, SD 57039

  • Commercial real estate
  • 0.22 AC
For Sale
$450,000 View listing

Property Details for 102 Main St

Lot size
0.22 AC
Zone code
MUNICIPALITY
Property type
Commercial real estate
APN
250.10.07.018A
APU
2501007018A

Description

This exceptional turnkey bar and restaurant opportunity is located on Main Street in Lennox, South Dakota. Built in 2017, the 4000+ square foot establishment boasts a striking Harley Davidson orange and black exterior, instantly recognizable in the community. The interior features a spacious main bar area with ample seating, multiple pool tables, arcade games, and lottery machines, ensuring diverse entertainment options for patrons. A well-equipped kitchen allows for the preparation of a full bar food menu. Beyond the main bar, a separate restaurant/meeting room offers additional space and a private entrance, ideal for private events or expanded dining capacity. The property also includes a dedicated office, a smoker's lounge, a modern restroom facility, and a designated casino room. Extensive storage is available, including a refrigerated room and a separate liquor storage area. This property sits on a 0.2-acre lot and presents a unique opportunity for an established business or a new venture looking to capitalize on a high-traffic location. The existing infrastructure and equipment provide a seamless transition for a new owner, minimizing start-up costs and maximizing immediate revenue potential. Priced at $450,000, this is a rare chance to acquire a thriving business in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,698,830
    Hospitality
    $1,556,119
    Educational
    $1,294,673
    Medical
    $1,339,198
    Retail
    $2,013,935
102 Main St, Lennox, South Dakota

Location Insight

City
Lennox
County
Lincoln
State
South Dakota
Latitude
43.3551
Longitude
-96.8913
CBSA code
43620
CBSA name
SIOUX FALLS, SD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,898
$12,054
$447,188
$459,242
-
-
-
-

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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 unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].