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Restaurant and Steakhouse with Covered Stage
For Sale
$185,000

120 E Main St, Carthage, SD 57323

COMMERCIAL - Carthage, SD

Property SizeContact for details
Lot Size0.24 Acres
Days on Market48

Property Features for 120 E Main St

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Subdivision Temporary Check Back
Directions N on 425th Ave. W on 222nd St. N on S. Buell St. W. on Main to Business on N sid of road
Standard status Active
APN 4642 3263
Lot size 0.24 Acres

Taxes and HOA fees

Tax Description Lot 15 Block 5 Carthage City-OP Lot 16 Block 5 CarthageCity-Op
Legal Description Lot 15 Block 5 Carthage City-OP Lot 16 Block 5 CarthageCity-Op

Utilities

Utilities Water Available

Amenities

outdoor entertainment area
covered stage

Building Details

Year built 1910
Listing Agency: Landmark Realty & Auction
Listed By: Jolene Burggraff
Added: Jun 25 Changed: Aug 11 Last Checked: Aug 11 at 7:06PM
MLS# 22604693

Copyright © 2026 Realtor Association of the Sioux Empire 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.

Restaurant and steakhouse property at 120 E Main St in Carthage, SD, built in 1910 on a 0.241-acre lot. The interior is set up with a fully equipped kitchen, a dining area, a bar, and event space for private gatherings and group events.

Outdoor entertainment space is also included, featuring a covered stage that supports live music and special events. The property is in Commercial zoning, and water is available.

This configuration is well suited for an owner-operator seeking a restaurant setup with both indoor dining and outdoor event use.

Key Highlights

  • 0.241‑acre restaurant and steakhouse property built in 1910
  • Fully equipped kitchen, dining area, bar, and event space
  • Outdoor entertainment area with a covered stage for live music and events

Property Analytics

Current Use

Cabaret Bar & Pub

Suggested Use

Top Pick HVAC Service Electrical Service Building Supply Storage Facility Big Box & Wholesale Store Hair Salon

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

Location Intelligence

Trade Area within ½ mile

33
Businesses Nearby
Well-served
Demand for This Use

Demographics for 57323, SD

224
Population
176
Households
1.3
Avg Household Size
48
Median Age
25%
College-Educated
99%
High-School Grad
122.7 sq mi
ZIP Area
2
Density / Sq Mi
$53,750
Median Household Income
$21,071
Median Earnings
$850
Median Rent
$75,000
Median Home Value

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?
Conventional restaurant - Commercially zoned restaurant on Main St with fully equipped kitchen, dining, bar, event space, and water service
Where is this conventional restaurant located?
The property is located at 120 E Main St Carthage, SD.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: 0.241‑acre restaurant and steakhouse property built in 1910; Fully equipped kitchen, dining area, bar, and event space; Outdoor entertainment area with a covered stage for live music and events
More about this property
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