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    Quadplex with Restaurant Title is generated by Realmo AI

    103 E Main, Elk Point, SD 57025

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    For Sale
    $515,000

    COMMERCIAL - Elk Point, SD

    Lot size:
    0.00 Acres
    Added:
    Jun 18, 2026
    Days on Market:
    10
    Last Refresh:
    Jun 27 at 10:06 pm

    Property Features for 103 E Main

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    03.01.04.1020
    Lot size
    0.00 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Lot 7 Blk 4 Orig EP City
    Tax Annual Amount
    2318

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1974

    We can help!

    Contact an agent
    Debra Wiemers

    Listing agent Debra Wiemers

    Listing office Dakota Realty 125 E Cherry, Vermillion, SD

    Listing date Jun 18, 2026

    MLS# 833460

    Copyright © 2026 Northwest Iowa Regional Board 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.

    HighLights

    • Well‑maintained building with 4 rental units plus a main floor restaurant and basement rental space
    • Main floor restaurant rents for $1,500 per month
    • Basement rents for $475 per month; included items: stoves and refrigerators, plus tables and chairs in basement
    • Additional unit rents for $1,000 per month and $800 per month
    • Includes a liquor license
    • HVAC includes forced air heating and central air; all tenants pay their own utilities

    Overview

    This very well maintained building offers four rental units, with a main-floor restaurant and three additional residential units. The basement is configured for tenant occupancy, and the listing notes that all stoves and refrigerators stay, along with tables and chairs in the basement. The property also includes a liquor license, providing continuity for the restaurant use. According to the remarks, tenants pay their own utilities.

    The property is located at 103 E Main in Elk Point, South Dakota, in Union County.

    For buyers or investors looking for a mixed-income setup, this structure combines a restaurant space with three apartments. The listing states that the main-floor restaurant rents for $1,500 per month, the basement rents for $475 per month, and the remaining apartments rent for $1,000 per month and $800 per month. With income-producing space in place and the liquor license included, the building may appeal to an operator who wants both residential tenancy and an in-house food and beverage component under one ownership. The included equipment and furnishings noted for the basement can also help reduce near-term move-in friction for that portion of the property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Spink Family Restaurant Restaurant Bump N Sams Bar & Pub

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Elk Point
    County
    Union
    State
    South Dakota
    Longitude
    -96.6849256
    Latitude
    42.6864843

    FAQs

    What type of property is this?
    Quadplex - Well-maintained quadplex with an on-site restaurant and liquor license, supported by four rental units.
    Where is this quadplex located?
    The property is located at 103 E Main Elk Point, SD.
    What is the asking price?
    The asking price for this property is $515,000.
    What are key features of this property?
    This property features: Well‑maintained building with 4 rental units plus a main floor restaurant and basement rental space; Main floor restaurant rents for $1,500 per month; Basement rents for $475 per month; included items: stoves and refrigerators, plus tables and chairs in basement
    More about this property
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