5200 Grant StSioux Falls, SD 57110

  • Bars
  • 6,254 SF
For Sale
$1,740,000 View listing

Property Details for 5200 Grant St

Year built
2018
Lot size
1.25 AC
Property size (Sq ft)
6,254 SF
Property type
Bars
Property subtype
Pubs
APN
81841
APU
81841

Description

This exceptional 6,254-square-foot brewery and restaurant is ideally situated in east Sioux Falls, South Dakota, at 5200 Grant St, zip code 57110, within Minnehaha County. Built in 2019, the property sits on a 1.25-acre lot and is zoned C-2 Commercial. The building boasts a spacious 4,220-square-foot lower level, perfect for brewing operations, featuring an 8-foot grade-level door, an 8-foot dock-high door, and a walk-in cooler. Upstairs, a 2,034-square-foot dining and bar area, complete with a kitchen, provides ample space for patrons. With a seating capacity of 105 people, plus additional outdoor seating, this establishment is ready for immediate success. The asking price is $1,740,000, translating to $278.22 per square foot. Fixtures, furniture, and equipment (FF&E) are available for purchase. This thriving location benefits from its proximity to numerous established businesses, including Dawley Village, Walmart, Fazoli's, Frontier Climbing & Fitness, Firehouse Subs, Chipotle Mexican Grill, Aldi, First National Bank, First Bank & Trust, Panera Bread, Sports Clips, Panda Express, and Culver's. This turnkey operation presents a unique opportunity for a savvy investor.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,419,839
    6.5%
    $1,310,620
    7%
    $1,217,005
  • Comparable approach

    Method
    Valuation
    Relative Method
    $804,394
    Geo Method
    $804,394
  • Alternative Use

    Use
    Valuation
    Residential
    $1,105,557
    Hospitality
    $1,012,684
    Educational
    $842,542
    Medical
    $871,518
    Retail
    $1,310,620
5200 Grant St, Sioux Falls, South Dakota

Location Insight

City
Sioux Falls
County
Minnehaha
State
South Dakota
Latitude
43.5452
Longitude
-96.6622
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
2022
$17,249
$312,800
$564,400
$877,200
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