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    118 Dakota Ave S Ree Heights, SD 57371

    For Sale
    $178,000

    Commercial Business - Ree Heights, SD

    Days on Market:
    200
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 118 Dakota Ave S

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    200
    Parking features
    Garage

    Building Details

    Architectural style
    Other

    Whitetail Properties Real Estate LLC (920) 369-6869

    Listing agent Ben Doty (920) 369-6869

    Listing date May 20, 2025

    MLS# 11484888 Listing URL

    Copyright © 2025 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.

    Overview

    Saloon and Gunshop in Ree Heights

    This commercial property in Ree Heights, South Dakota, features a western-themed saloon with an adjacent gun shop space. The property also includes a historic 1926 grocery store, currently used as cold storage. The property is zoned 200 and is located in a prime location. The property could serve as a hunting lodge and presents opportunities for hunters, locals, or investors seeking a multi-use property.
    Location Intelligence

    Current Use by Public Records

    Salty Heifer Saloon Bar

    Suggested Use

    Hotel & Motel Department Store Food Market Bar & Pub Grocery Store Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Ree Heights
    County
    Hand
    State
    South Dakota
    Longitude
    -99.20015
    Latitude
    44.517005

    Nearby Similar for Sale

    • $75,000
      0.25 Acres

      Secluded Home and Shop

      Home with heated shop in quiet Ree Heights neighborhood.
      114 W 3 St, Ree Heights, SD 57371
      View Details

    FAQs

    What type of property is this?
    Storefront property - Unique commercial property with saloon, gun shop, and storage.
    Where is this storefront property located?
    The property is located at 118 Dakota Ave S Ree Heights, SD.
    What is the asking price?
    The asking price for this property is $178,000.
    What are key features of this property?
    This property features: - Unique western-themed saloon with gun shop space; - Prime location for hunters and locals; - Potential to serve as a hunting lodge
    (920) 369-6869
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    Ree Heights, SD 57371
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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
    118 Dakota Ave S Ree Heights, SD 57371
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