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    105 W Main St Elk Point, SD 57025

    For Sale
    $250,000

    Commercial - Elk Point, SD

    Lot size:
    0.13 Acres
    Days on Market:
    25
    Last Refresh:
    Dec 11 at 6:06 am

    Property Features for 105 W Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    03.01.05.1050
    Lot size
    0.13 Acres

    Building Details

    Year built
    1900
    Architectural style
    Other

    Century 21 ProLink (712) 224-2300

    Listing agent Jennifer Rose Bass (712) 224-2300

    Listing date Nov 17, 2025

    MLS# 826844 Listing URL

    Copyright © 2025 Northwest Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turn-Key Restaurant on Main Street

    This turn-key restaurant property is located on Main Street in Elk Point, South Dakota. The 3,600 square foot space includes three dining areas with seating for over 100 people, a bar, and two restrooms. It also features a large prep and storage area, and a fully equipped kitchen. The sale includes all furniture, fixtures, and equipment (FF&E). The property is suitable for restaurants, retail, turn-key restaurant operations, and bars.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Landmark Antiques & More Antique Store Blue Tequila Mexican Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elk Point
    County
    Union
    State
    South Dakota
    Longitude
    -96.6844347
    Latitude
    42.6862891

    FAQs

    What type of property is this?
    Restaurant - Restaurant property on Main Street with fully equipped kitchen.
    Where is this restaurant located?
    The property is located at 105 W Main St Elk Point, SD.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Turn-key restaurant property ready for immediate operation.; - Prime Main Street location.; - Fully equipped kitchen included.
    (712) 224-2300
    Request Owner's contact information
    105 W Main St Elk Point, SD 57025
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    Elk Point, SD 57025
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    105 W Main St Elk Point, SD 57025
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