Turnkey Restaurant Space with
For Sale
$300,000
106 N Center Ave, Philip, SD 57567
Fully equipped restaurant with updated dining and both indoor and outdoor seating, ready for immediate operation.
Property Size1,380 SF
Price / SF$217.39
Days on Market342
Property Features for 106 N Center Ave
General Information
Standard status
Active
Size
1,380 SF
Additional Details
Business Included
Yes
Listing Agency:
ASCEND REALTY INC.
Listed By:
HENRY ULRICH III
(605) 490-2040
Source:
Exprealty
Added: Oct 9, 2025
Changed: Aug 31
Last Checked: Sep 15 at 12:56PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ASCEND REALTY INC.
Investment Insights
Based on property information with market context.
This turnkey restaurant space is set up for immediate operation, with a well-maintained kitchen and included equipment. The dining area has been freshly painted, supporting a clean, ready-to-open environment. The property also provides both indoor and outdoor seating, and the layout is flexible for a range of restaurant concepts.
Located in the center of Philip, the space benefits from a central, visible setting on N Center Ave. The combination of indoor and outdoor seating supports customer flow and adaptable service during different conditions.
For a buyer or operator looking to avoid starting from scratch, the included kitchen equipment and turnkey configuration can help streamline the transition to a new business. With an accommodating dining layout and outdoor seating included, the space is positioned to support both casual dining and more specialized menu formats.
Located in the center of Philip, the space benefits from a central, visible setting on N Center Ave. The combination of indoor and outdoor seating supports customer flow and adaptable service during different conditions.
For a buyer or operator looking to avoid starting from scratch, the included kitchen equipment and turnkey configuration can help streamline the transition to a new business. With an accommodating dining layout and outdoor seating included, the space is positioned to support both casual dining and more specialized menu formats.
Key Highlights
- Fully equipped restaurant space with kitchen equipment included
- Updated, freshly painted dining area
- Includes both indoor and outdoor seating
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 57567, SD
1,376
Population
556
Households
2.5
Avg Household Size
45
Median Age
14%
College-Educated
97%
High-School Grad
968.7 sq mi
ZIP Area
1
Density / Sq Mi
$55,542
Median Household Income
$40,125
Median Earnings
$739
Median Rent
$181,900
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Fully equipped restaurant with updated dining and both indoor and outdoor seating, ready for immediate operation.
Where is this conventional restaurant located?
The property is located at 106 N Center Ave Philip, SD.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Fully equipped restaurant space with kitchen equipment included; Updated, freshly painted dining area; Includes both indoor and outdoor seating
