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    17500 Highway 34 Enning, SD 57737

    Sponsored
    For Sale
    $549,900

    Thriving Bar, Store, & Post Office

    Property size:
    3,465 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This exceptional business opportunity in Enning, SD, presents a chance to own Nellie's Mercantile & Saloon, a well-established local favorite. This 3,465 sq ft. property, newly constructed in 2016, boasts a diverse revenue stream encompassing a convenience store and grocery, a fully operational restaurant with a complete kitchen (grill, stove, 2 freezers, 2 refrigerators, and 3 sinks), and a spacious bar area equipped with seating, a TV, and karaoke. Adding to its appeal is a secure, 10-year lease for a US Post Office, providing a stable income source. The property also includes a 14x70, three-bedroom, fully furnished manufactured home (2005 Cavalier) ideal for owner/manager occupancy. Significant upgrades include a new well (2015), new septic system (2017), and six electric hookups for potential camping sites. The building is even wired for video lottery machines. A 10x19 walk-in cooler and a 9x10 walk-in freezer are also included. Situated on a 1.32-acre lot, this turnkey operation offers immediate income and significant expansion potential, particularly leveraging the Sturgis Rally traffic and the possibility of adding electric car charging stations. All inventory is included in the sale price of $549,900. This is a rare chance to acquire a beloved community establishment with substantial growth opportunities.

    Property Features for 17500 Highway 34

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,465 SF
    Lot Size
    57,499 SF

    Building Details

    Year Built
    2016
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Enning
    County
    Meade
    State
    South Dakota
    Longitude
    -102.5626
    Latitude
    44.57573

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    FAQs

    What type of property is this?
    Commercial real estate - Thriving Bar, Store, & Post Office
    Where is this commercial real estate located?
    The property is located at 17500 Highway 34 Enning, SD.
    What is the asking price?
    The asking price for this property is $549,900.
    (605) 642-2525
    Request Owner's contact information
    17500 Highway 34 Enning, SD 57737
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    Enning, SD 57737
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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
    17500 Highway 34 Enning, SD 57737
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