Clear Lake, SD
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    Clear Lake, SD Conventional Restaurants for Sale

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    Goodwin, SD Gary, SD Watertown, SD
    Turnkey Restaurant in Clear Lake
    $205,000
    1,500 SF
    Turnkey Restaurant in Clear Lake

    411 3rd Ave S, Clear Lake, SD 57226

    Established BBQ restaurant with real estate and strong financials.
    • Turnkey BBQ restaurant business and real estate included in sale.
    • Strong financials (contact broker for details).
    • Fully remodeled in 2020 with new HVAC, electric, plumbing, walls, and flooring.
    • Includes commercial kitchen and full FF&E list.
    • 1,500 SF restaurant with a 250 SF patio.
    Updated: Mar 17
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Clear Lake, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Extended-Stay Hotel with Restaurant
    $1,875,000
    35,976 SF
    Extended-Stay Hotel with Restaurant

    Turnkey extended-stay property with updated guest rooms, a leased on-site restaurant, and an upstairs event space.

    101 N Broadway Street, Watertown, SD 57201

    View details
    Turn-Key Restaurant With Existing Lease
    $2,999,900
    6,000 SF
    Turn-Key Restaurant With Existing Lease

    Turn-key restaurant in a 2015 building with a lease already in place, offering an income-producing ownership structure.

    2411 SE 6th Avenue, Aberdeen, SD 57401

    View details
    Restaurant and Café Facility
    $210,000
    2,163 SF
    Restaurant and Café Facility

    For-sale restaurant property with existing lease in place and infrastructure suited to restaurateurs and cafes.

    1124 S Washington Street, Aberdeen, SD 57401

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    Freestanding Restaurant Building
    $625,000
    2,256 SF
    Freestanding Restaurant Building

    For sale freestanding restaurant building offering dedicated building use in Watertown.

    817 9th Avenue Southeast, Watertown, SD 57201

    View details

    Clear Lake, SD Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Clear Lake, SD on our real estate platform. These investment opportunities span a total of 1,500 square feet of properties for sale, with an estimated market value of $205,000.

    Sale prices for conventional restaurants in Clear Lake, SD start at $205,000, averaging $205,000, and reaching up to $205,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 2

    Demographics Overview

    Population 1,834
    Population Growth (5Y) -3.5%
    Median Household Income $71,250
    College Educated 34.9%

    High-Yield Neighborhoods for Investment

    Identify Clear Lake submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    57226 $205K

    Taxes & Financing

    Tax Rate (average for all types) 1.53%
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

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