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    512 National St Belle Fourche, SD 57717

    For Sale
    $500,000

    Business/Land/Building(s) - Belle Fourche, SD

    Property size:
    9,420 SF
    Lot size:
    0.26 Acres
    Days on Market:
    169
    Last Refresh:
    Dec 15 at 8:06 am

    Property Features for 512 National St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    Parking features
    Parking Lot, Paved or Surfaced
    Interior features
    Furnished, Kitchen Area, Restaurant
    Basement Y/N
    1
    Size
    9,420 SF
    Lot size
    0.26 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1962
    Floors in Building
    2
    Architectural style
    Other

    Keller Williams Realty Black Hills (605) 343-7500 [email protected]

    Listing agent Michelle Watson (605) 340-0898

    Listing date Jun 30, 2025

    MLS# 85085 Listing URL

    Copyright © 2025 Mt. Rushmore Area Association 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

    Iconic Belle Fourche Commercial Property

    This commercial property in Belle Fourche, South Dakota, presents an opportunity to acquire an iconic, midcentury building. The property's location is near Highway 85. The main level includes a main dining area measuring 27.8 feet by 38.7 feet, a wine room measuring 26.8 feet by 23.4 feet, and a kitchen measuring 23.1 feet by 19.3 feet. Additionally, the main level features a banquet room measuring 59.7 feet by 43.4 feet, a side entrance and hallway to bathrooms measuring 8.3 feet by 43.3 feet, and a small office and dry good storage area measuring 39.7 feet by 9.5 feet. The basement provides 2760 square feet of storage space, along with a walk-in cooler and freezer. The total living area of the property is 9420 square feet, situated on a lot of 0.26 acres. The sale includes the building, business, furniture, and fixtures, as well as a liquor license. The seller is open to discussing the option of purchasing the building without the business and liquor license. The property is suitable for restaurants, retail properties, and bars.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    PooterQ Original Barbeque

    Location Insight

    • Map
    • Local Demand
    City
    Belle Fourche
    County
    Butte
    State
    South Dakota
    Longitude
    -103.852821
    Latitude
    44.662178

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    FAQs

    What type of property is this?
    Restaurant - Midcentury building with business, furniture, fixtures, and liquor license.
    Where is this restaurant located?
    The property is located at 512 National St Belle Fourche, SD.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: - Includes building, business, furniture, fixtures, and liquor license.; - Prime location less than a block from Highway 85.; - Large banquet room (59.7x43.4).
    (605) 340-0898
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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
    512 National St Belle Fourche, SD 57717
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