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Property profile & analytics
FOR SALE
Commercial real estate

401 E 5Th St Canton, SD 57013

0.19 ac lot
Individually Owned Absentee Owner Free & Clear
Property ID
US79-0556505
Property summary
AI-generated overview

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 profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.19 ac (8,472 SF)
Zoning code MUNICIPALITY
APN 200.14.22.012
UPID US79-0556505
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Sunnys Eatplace Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
RICHARD HAMM
RICHARD HAMM
Zoning & alternative use
MUNICIPALITY · Canton, SD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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