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Equipped Restaurant Space
New
For Sale
$275,000

106 N Center Ave, Philip, SD 57567

Kitchen equipment is included, and patrons can be seated indoors or outdoors.

Property Size1,380 SF
Price / SF$199.28
Days on Market4

Property Features for 106 N Center Ave

General Information

Standard status Active
Size 1,380 SF
Property subtype Commercial

Restaurant

Patio Yes
Equipment Included Yes
Listing Agency: ASCEND REALTY INC.
Listed By: Henry Ulrich Iii · License #2770
Source: Willdixonrealestate
Added: Oct 7 Last Checked: Oct 9 at 4:48PM

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 1,380-square-foot restaurant property at 106 N Center Ave in Philip includes a kitchen with equipment. The dining area has been freshly painted, and seating is available inside and outside.

The property is located in the center of Philip, South Dakota.

Key Highlights

  • 1,380 square feet
  • Kitchen equipment included
  • Freshly painted dining area

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Butcher Cafe & Coffee Shop Kitchen & Bath Showroom Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Kitchen equipment is included, and patrons can be seated indoors or outdoors.
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 $275,000.
What are key features of this property?
This property features: 1,380 square feet; Kitchen equipment included; Freshly painted dining area
More about this property
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