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Grocery Store and Café Property
New
For Sale
$250,000

11498 363rd Ave, Leola, SD 57456

COMMERCIAL - Leola, SD

Property Size4,191 SF
Lot Size2.88 Acres
Price / SF$59.65
Days on Market6

Property Features for 11498 363rd Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Mixed Use
Bathrooms 2
Half bathrooms 2
Rooms Bathroom 1, Bathroom 2
Parking features Driveway
Security features Security System
Lot features Corner Lot
High school district Leola School District 44-2
Directions East edge of Leola at Junction of Hwy. 10 & Hwy 45
Standard status Active
APN 8838
Size 4,191 SF
Lot size 2.88 Acres

Taxes and HOA fees

Tax Annual Amount 5200

Utilities

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

Amenities

ATM machine
SD Lottery License
credit card machine

Building Details

Year built 2012
Floors in Building 1
Roof type Metal
Listing Agency: Leola Realty
Listed By: Ronda Geffre
Added: Aug 6 Changed: Aug 9 Last Checked: Aug 11 at 5:06AM
MLS# 11922765

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 grocery and convenience property combines a full grocery operation with a commercial kitchen, café, dining room, and bar in a 4,191-square-foot building constructed in 2012. The two business areas have separate entrances. Improvements include in-floor heat, forced-air propane heat, 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 South Dakota State Highways 10 and 45 on the edge of Leola. Site access includes two drive-through exits onto the highways, with parking for vehicles and semi-trailers. Included business equipment consists of 24-door cooler/freezers, five compressors, shelving, and full kitchen and café equipment. The sale also includes an owner-owned ATM, South Dakota Lottery licensing, a credit card machine, and a city Malt Beverage and South Dakota Wine License. Grocery and café food inventory is excluded and determined at closing.

Key Highlights

  • 4,191‑square‑foot building constructed in 2012
  • 2.88‑acre site at the intersection of SD State Highways 10 & 45
  • Grocery area plus commercial kitchen, café, dining room, and bar

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

Single-tenant
Tenancy
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 operating commercial uses share a 2012 building with separate entrances, kitchen facilities, dining space, and grocery merchandising areas.
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 constructed in 2012; 2.88‑acre site at the intersection of SD State Highways 10 & 45; Grocery area plus commercial kitchen, café, dining room, and bar
More about this property
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