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Grocery Store and Cafe Property
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11498 363rd Ave, Leola, SD 57456

Two separately entered businesses combine grocery retail with a commercial kitchen, café, dining room, and bar.

Property Size4,191 SF
Lot Size2.88 Acres
Price / SF$59.65
Days on Market13

Property Features for 11498 363rd Ave

General Information

Standard status Active
Size 4,191 SF
Lot size 2.88 Acres
Property subtype Office

Site & Location

Highway Access Yes
Road Access Yes

Restaurant

Equipment Included Yes
Liquor License Yes

Additional Details

Business Included Yes

Building Details

Year Built 2012
Buildings 1
Listing Agency: Leola Realty
Listed By: Ronda Geffre
Source: Crexi
Added: Aug 7 Changed: Aug 18 Last Checked: Aug 18 at 10:06AM

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 Leola Realty

Investment Insights

Based on property information with market context.

Built in 2012, this 4,191-square-foot property combines a full grocery operation with a separately entered commercial kitchen, café, dining room, and bar. The building includes in-floor heat, forced-air propane heating, central air conditioning, metal-clad siding, and a metal roof. Interior support areas include a walk-in cooler, walk-in freezer, office, utility and mechanical room, compressor room, two dry-storage rooms, and two large ADA-accessible restrooms.

The property occupies 2.88 acres at the intersection of SD State Highways 10 and 45, with parking for vehicles and semi-trailers and two drive-through highway exits. Business equipment included in the sale includes 24-door cooler/freezers, five compressors, shelving, and full kitchen and café equipment. The property also includes an owner-owned ATM, SD Lottery licensing, a credit card machine, and city Malt Beverage and SD Wine licensing. Grocery and café food inventory is excluded from the included contents and is determined separately at closing.

Key Highlights

  • 4,191‑square‑foot building on 2.88 acres
  • Grocery store plus café, dining room, bar, and commercial kitchen
  • Built in 2012 with in‑floor heat, forced‑air propane heat, and central air

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Grocery & Convenience Store Food Market

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

Lease Details

Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby
Well-served
Demand for This Use

Demographics for 57456, SD

788
Population
298
Households
2.6
Avg Household Size
40
Median Age
36%
College-Educated
92%
High-School Grad
363.1 sq mi
ZIP Area
2
Density / Sq Mi
$76,667
Median Household Income
$42,148
Median Earnings
$850
Median Rent
$72,100
Median Home Value

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?
Grocery and convenience store - Two separately entered businesses combine grocery retail with a commercial kitchen, café, dining room, and bar.
Where is this grocery and convenience store located?
The property is located at 11498 363rd Ave Leola, SD.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 4,191‑square‑foot building on 2.88 acres; Grocery store plus café, dining room, bar, and commercial kitchen; Built in 2012 with in‑floor heat, forced‑air propane heat, and central air
(605) 377-4291 Call to check price and availability
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