Building Details

Year Built 1993

Listing Agency: Market First Real Estate j***@justinhengrealestate.com Show Phone

Listed By: Justin Heng

Source: Siouxfallsareahomesearch

Added: Feb 14, 2025 Changed: Aug 31 Last Checked: Aug 31 at 5:33PM

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Investment Insights

Based on property information with market context.

This restaurant property at 306 N Veterans St in Flandreau, South Dakota, combines customer-facing dining and hospitality areas with additional lower-level space. The main floor contains a dining room, kitchen, lounge, and bar, supporting a range of restaurant operations within one building.

Downstairs, the property adds two party rooms and a two-bedroom apartment, creating a broader configuration than a standard restaurant layout. Built in 1993, the property offers an established building format with dining, service, event, and residential components.

Key Highlights

• Main floor includes a dining room, kitchen, lounge, and bar
• Lower level contains two party rooms
• Two‑bedroom apartment included in the property

Property Analytics

Property Profile

Current Use

Mad Mary's Steak ... Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Hair Salon Parking Lot & Garage Big Box & Wholesale Store Electrical Service

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

146

Businesses Nearby

12k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 63% Home Improvements & Furnishings 24% Dining 13%

Dollar General Shops & Services

3,726 visits/mo 0.3 miles

Cenex Shops & Services

3,706 visits/mo 0.4 miles

Tractor Supply Co. Home Improvements & Furnishings

2,861 visits/mo 0.3 miles

SUBWAY Dining

1,499 visits/mo 0.3 miles

Demographics for 57028, SD

3,348

Population

1,467

Households

2.3

Avg Household Size

41

Median Age

32%

College-Educated

94%

High-School Grad

200.8 sq mi

ZIP Area

17

Density / Sq Mi

$66,735

Median Household Income

$37,326

Median Earnings

$661

Median Rent

$175,400

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

Questions? Ask Rey

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What type of property is this? Where is this conventional restaurants located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Two party rooms and a two-bedroom apartment complement the primary dining and service areas.

Where is this conventional restaurant located?

The property is located at 306 N Veterans St Flandreau, SD.

What is the asking price?

The asking price for this property is $900,000.

What are key features of this property?

This property features: Main floor includes a dining room, kitchen, lounge, and bar; Lower level contains two party rooms; Two‑bedroom apartment included in the property