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Turnkey Grocery Store and Cafe

11498 363rd Avenue Leola, SD 57456

11498 363rd Avenue, Leola, SD, 57456
$299,000
For Sale
$299,000

COMMERCIAL - Leola, SD

Property Size4,191 SF
Lot Size2.88 Acres
Price / SF$71.34
Days on Market751

Property Features for 11498 363rd Avenue

General Information

Property type
Commercial Sale
Property subtype
Other
Bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Parking features
Driveway
Security features
Security System
Standard status
Active
Lot size
2.88 Acres

Taxes and HOA fees

Tax Annual Amount
5265

Utilities

Heating system
Electric (Heating), Heat Pump (Heating), Forced Air
Water source
Public

Building Details

Year built
2012
Floors in Building
1
Flooring type
Tile
Roof type
Metal
Listing Agency Leola Realty
PO BOX 222 1109 Conklin Street, LEOLA, SD
Listed by Ronda Geffre
Added: Jun 26, 2024 Checked: Jul 16 at 7:06 pm
MLS# 11293568

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This turnkey multi-use property in Leola, SD includes a building built in 2012 with two distinct operating areas under one roof. The 4,191-square-foot structure is divided so one side operates as a full grocery and the other side functions as a commercial kitchen with cafe/dining room/bar, with separate entrances for each. The building is equipped with in-floor heat, forced air propane heat, and central air cooling. The exterior features metal-clad siding and a metal roof, supported by a large walk-in cooler and walk-in freezer, an office, utility/mechanical space, a compressor room, two dry storage rooms, and two large ADA-accessible restrooms.

The property sits on 2.88 acres on the edge of town at the intersection of SD State Highways 10 and 45. Ample parking is provided for vehicles and semi trailers, with two drive-through exits onto the highways for convenient service. The offering includes the key business infrastructure, including 24 door cooler/freezers and five compressors, as well as shelving and full kitchen and cafe equipment.

For tenants, buyers, or operators seeking a ready-to-run retail food concept, this setup supports simultaneous grocery and prepared-meal service with operational separation and dedicated entrances. Everything needed to operate the two businesses is included in the sale, with the exception of grocery and cafe inventory costs to be determined at closing. Included amenities include an owner-owned ATM machine, an SD Lottery license, and card processing equipment, plus a city malt beverage and SD wine license.

Key Highlights

  • Built in 2012 multi‑use grocery and cafe/commercial kitchen property with 4,191 SF building
  • Located at the intersection of SD State Highways 10 & 45 on 2.88 acres at the edge of town
  • Building divided into two sides: full grocery plus cafe/dining/bar with separate entrances

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Grocery and convenience stores

Suggested Use

Grocery & Convenience Store Food Market

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

FAQs

What type of property is this?
Grocery and convenience store - Multi-use building with separate grocery and cafe operations, drive-through access, and included equipment and licenses.
Where is this grocery and convenience store located?
The property is located at 11498 363rd Avenue Leola, SD.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Built in 2012 multi‑use grocery and cafe/commercial kitchen property with 4,191 SF building; Located at the intersection of SD State Highways 10 & 45 on 2.88 acres at the edge of town; Building divided into two sides: full grocery plus cafe/dining/bar with separate entrances
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