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Established Restaurant with Rental Unit
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For Sale
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116 MAIN AVE, Lemmon, SD 57638

Includes bar and coffee shop operations alongside an additional commercial unit used for beauty salon purposes.

Property Size5,968 SF
Price / SF$75.40
Days on Market7

Property Features for 116 MAIN AVE

General Information

Standard status Active
Size 5,968 SF
Property subtype Retail, Business for Sale

Building Details

Year Built 1906
Stories 1
Units 2
Listing Agency: Coyote Country Realty
Listed By: Ken Wilson · License #SD #15334
Source: Crexi
Added: Aug 28 Changed: Sep 1 Last Checked: Sep 3 at 4:02AM

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 Coyote Country Realty

Investment Insights

Based on property information with market context.

This 5,968-square-foot conventional restaurant property combines restaurant, bar, and coffee shop operations in one commercial setting. The property also contains one additional commercial rental unit occupied for beauty salon use. Recent updates have been made to the property, which was originally built in 1906.

The building is located at 116 Main Ave in Lemmon, South Dakota, with the address identified as 116 MAIN AVE, LEMMON, SD 57638-1222. The combination of food-and-beverage operations and an additional commercial unit creates a multi-use property with both operating and rental components.

Key Highlights

  • 5,968 SF conventional restaurant property
  • Restaurant, bar, and coffee shop operations in one property
  • One additional commercial rental unit used for beauty salon purposes

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Plumbing Service Pharmacy Garden Center (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Carpet & Flooring Store

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

184
Businesses Nearby
Balanced
Demand for This Use

Demographics for 57638, SD

1,901
Population
1,119
Households
1.7
Avg Household Size
50
Median Age
22%
College-Educated
92%
High-School Grad
1,012.4 sq mi
ZIP Area
2
Density / Sq Mi
$58,672
Median Household Income
$32,062
Median Earnings
$625
Median Rent
$90,500
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Includes bar and coffee shop operations alongside an additional commercial unit used for beauty salon purposes.
Where is this conventional restaurant located?
The property is located at 116 MAIN AVE Lemmon, SD.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 5,968 SF conventional restaurant property; Restaurant, bar, and coffee shop operations in one property; One additional commercial rental unit used for beauty salon purposes
More about this property
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