Building Details

Year built 1927

Flooring type Wood, Laminate, Concrete

Building materials Frame

Roof type Rubber, Metal

Listing Agency: Keller Williams Realty Sioux Falls k***@kw.com Show Phone

Listed By: Samuel Adams Show Phone

Added: Apr 1 Changed: Aug 2 Last Checked: Aug 2 at 7:06PM

Report an Issue

MLS# 22602228

Copyright © 2026 Realtor Association of the Sioux Empire 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 versatile commercial building includes three separate business spaces. The first space is set up for a bar/restaurant with an existing layout and a sitting area in the back. The second unit is designed for retail use, with storefront presence for a variety of businesses. The third space is currently unfinished, offering a blank canvas that could be adapted for offices, a headquarters, or other concepts. Ownership of the entire building allows flexibility to occupy one or multiple spaces or lease them out as a multi-use property.

The property sits on a 0.5682-acre lot and includes a vacant lot to the north. It is zoned Gen Commercial and constructed with frame materials. The building features central heating and central air, with flooring that includes laminate, wood, and concrete. Roofing materials include rubber and metal, and the building was built in 1927.

Utilities include water available, supporting a range of commercial uses as spaces are finished to fit the next tenant or operator.

Key Highlights

• 0.5682‑acre commercial property with a vacant lot to the north
• Three separate spaces: bar/restaurant, retail storefront, and an unfinished third space
• Gen Commercial zoning

Property Analytics

Property Profile

Current Use

Salty Heifer Saloon Bar & Pub

Suggested Use

Top Pick Grocery & Convenience Store Food Market Bed & Breakfast Hotel & Motel Department Store Bar & Pub

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

10

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 57345, SD

1,083

Population

548

Households

2

Avg Household Size

48

Median Age

23%

College-Educated

88%

High-School Grad

646.3 sq mi

ZIP Area

2

Density / Sq Mi

$78,750

Median Household Income

$44,779

Median Earnings

$1,000

Median Rent

$122,000

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this bars & pubs located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar Off Market Nearby

• Salty Heifer Saloon — 118 S Dakota Ave, Ree Heights, SD 57371

Frequently Asked Questions

What type of property is this?

Bar & Pub - Gen Commercial building with two finished tenant spaces plus an unfinished third space, and a vacant lot to the north.

Where is this bar & pub located?

The property is located at 118 S Dakota Ave Ree Heights, SD.

What is the asking price?

The asking price for this property is $129,900.

What are key features of this property?

This property features: 0.5682‑acre commercial property with a vacant lot to the north; Three separate spaces: bar/restaurant, retail storefront, and an unfinished third space; Gen Commercial zoning