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    116 E Vermont Ave Salem, SD 57058

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    For Sale
    $130,000

    Turnkey restaurant/coffee shop with character, charm, and outdoor seating.

    Property size:
    1,610 SF
    Lot size:
    0.06 Acres

    Property Features for 116 E Vermont Ave

    General Information

    Size
    1,610 SF
    Lot size
    0.06 Acres

    Source: Hegg Realtors | Sioux Falls Agent Jayme Werning

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Restaurant/Coffee Shop Opportunity

    This turnkey property, with a size of 1610 square feet, offers a unique space full of character and potential. It features original hardwood floors, a tin ceiling, and cozy seating areas with vintage charm. The setup is ideal for a coffee shop, bakery, or cafe. A full kitchen includes stainless steel prep areas, a triple sink, cold storage, and dedicated service zones. The front-end design includes built-in booths, a fireplace, and dual dining rooms suitable for daily guests or private gatherings. Outdoor picnic seating and a central location add to its appeal. The property is located at 116 E Vermont Ave, Salem, SD.
    Insight Report Location Intelligence

    Current Use by Public Records

    The Homestead Coffee Co ... Coffee Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    McCook
    State
    South Dakota
    Longitude
    -97.3860812
    Latitude
    43.726649

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    FAQs

    What type of property is this?
    Coffee shop - Turnkey restaurant/coffee shop with character, charm, and outdoor seating.
    Where is this coffee shop located?
    The property is located at 116 E Vermont Ave Salem, SD.
    What is the asking price?
    The asking price for this property is $130,000.
    What are key features of this property?
    This property features: - Turnkey opportunity, fully equipped and ready for business.; - Full kitchen with **stainless steel prep areas, triple sink, and cold storage**.; - Unique space with **original hardwood floors and a stunning tin ceiling**.
    (605) 610-6094
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    Salem, SD 57058
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    116 E Vermont Ave Salem, SD 57058
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