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Mixed-Use Grocery and Café Property
For Sale
$250,000

11498 363rd Ave, Leola, SD 57456

Business Opportunity, Leola, SD

Property Size4,191 SF
Lot Size2.88 Acres
Price / SF$59.65
Days on Market52

Property Features for 11498 363rd Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Mixed Use
Bathrooms 2
Half bathrooms 2
Rooms Bathroom 1, Bathroom 2
Parking features Driveway
Security features Security System
Lot features Corner Lot
High school district Leola School District 44-2
Directions East edge of Leola at Junction of Hwy. 10 & Hwy 45
Standard status Active
APN 8838
Size 4,191 SF
Lot size 2.88 Acres

Taxes and HOA fees

Tax Annual Amount 5200

Utilities

Heating system Heat Pump (Heating), Forced Air, Propane (Heating)
Water source Public

Building Details

Year built 2012
Floors in Building 1
Roof type Metal
Listing Agency: Leola Realty
Listed By: Ronda Geffre
Added: Aug 6 Changed: Sep 15 Last Checked: Sep 26 at 8:06AM
MLS# 11922765

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property combines a grocery operation with a café, dining room, bar, and commercial kitchen in a 4,191-square-foot building constructed in 2012. Separate entrances serve the two sides, which are supported by in-floor heat, forced-air propane heat, central air conditioning, a metal roof, and metal-clad siding. Interior improvements include a walk-in cooler, walk-in freezer, office, utility and mechanical room, compressor room, two dry-storage rooms, and two large ADA-accessible restrooms.

The property occupies 2.88 acres at the intersection of SD State Highways 10 and 45 in Leola. The site provides parking for vehicles and semi-trailers, along with two drive-through exits onto the highways. Included business equipment encompasses 24 door cooler/freezers, five compressors, shelving, and full kitchen and café equipment. The property also includes an owner-owned ATM, SD Lottery License, credit card machine, and city Malt Beverage & SD Wine License.

Key Highlights

  • 2.88‑acre site at the intersection of SD State Highways 10 and 45
  • 4,191‑square‑foot building constructed in 2012
  • Grocery operation plus café, dining room, bar, and commercial kitchen

Property Analytics

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Current Use

Grocery and convenience stores

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Building Supply Auto Repair Shop Auto Parts Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

69
Businesses Nearby

Demographics for 57456, SD

788
Population
298
Households
2.6
Avg Household Size
40
Median Age
36%
College-Educated
92%
High-School Grad
363.1 sq mi
ZIP Area
2
Density / Sq Mi
$76,667
Median Household Income
$42,148
Median Earnings
$850
Median Rent
$72,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Established grocery and café operation with separate entrances, commercial kitchen facilities, and highway access.
Where is this mixed-use property located?
The property is located at 11498 363rd Ave Leola, 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: 2.88‑acre site at the intersection of SD State Highways 10 and 45; 4,191‑square‑foot building constructed in 2012; Grocery operation plus café, dining room, bar, and commercial kitchen
More about this property
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