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Restaurant With Covered Stage
For Sale
$175,000

120 E Main St, Carthage, SD 57323

COMMERCIAL, Carthage, SD

Property SizeContact for details
Lot Size0.24 Acres
Days on Market94

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

Building Details

Year built 1910
Listing Agency: Landmark Realty & Auction
Listed By: Jolene Burggraff
Added: Jun 25 Changed: Sep 26 Last Checked: Sep 26 at 8:06PM
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.

This restaurant property includes a fully equipped kitchen, dining area, bar, and dedicated event space. The layout supports regular dining as well as private functions and group gatherings, with indoor seating and an outdoor entertainment area featuring a covered stage.

The property comprises 0.241 acres and carries Commercial zoning. Built in 1910, it has water available and is located at 120 E Main St in Carthage, South Dakota.

Key Highlights

  • Fully equipped kitchen with dining area and bar
  • Dedicated event space for private functions and group gatherings
  • Outdoor entertainment area with a covered stage

Property Analytics

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Current Use

Cabaret Bar & Pub

Suggested Use

Top Pick Electrical Service HVAC 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
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?
Conventional restaurant - Commercial restaurant property with a fully equipped kitchen, bar, event space, and outdoor entertainment area.
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 $175,000.
What are key features of this property?
This property features: Fully equipped kitchen with dining area and bar; Dedicated event space for private functions and group gatherings; Outdoor entertainment area with a covered stage
More about this property
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