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    401 5Th St Canton, SD 57013

    Sponsored
    For Sale
    $349,000

    Historic Charm, High Visibility Location

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This captivating 9,075-square-foot standalone building presents a unique opportunity for a restaurant or similar business. Located at a signalized intersection on 401 E 5th St in Canton, SD, this commercially zoned property boasts high visibility and heavy traffic. The building features over 2,000 square feet of tastefully finished interior space, recently updated with new flooring, electrical, plumbing, and stylish drop ceilings. High-end restaurant appliances and equipment are included, making this a turnkey operation. The inviting floor plan offers generous seating, a fully functional kitchen, ample storage, and multiple restrooms. The property also includes a spacious exterior patio, perfect for outdoor dining, and 11 on-site parking spaces with additional off-street parking available. Situated on a 0.21-acre lot, this property benefits from its historic charm and excellent street signage potential. Its convenient location, a short distance from surrounding communities and a 25-minute drive from Sioux Falls, makes it an ideal location for a thriving business. Priced at $349,000.

    Property Features for 401 5Th St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    9,148 SF

    Building Details

    Year Built
    1889
    Property Profile Location Intelligence

    Current Use by Public Records

    Sunnys Eatplace Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Canton
    County
    Lincoln
    State
    South Dakota
    Longitude
    -96.58883
    Latitude
    43.30058

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Commercial real estate - Historic Charm, High Visibility Location
    Where is this commercial real estate located?
    The property is located at 401 5Th St Canton, SD.
    What is the asking price?
    The asking price for this property is $349,000.
    (605) 275-0555
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    401 5Th St Canton, SD 57013
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    Canton, SD 57013
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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
    401 5Th St Canton, SD 57013
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