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Equipped Restaurant with Casino
For Sale
$515,000

31820 SD Hwy 37, Running Water, SD 57062

COMMERCIAL - Running Water, SD

Property SizeContact for details
Lot Size1.25 Acres
Days on Market123

Property Features for 31820 SD Hwy 37

General Information

Property type Commercial Sale
Property subtype Other
View River
Standard status Active
Lot size 1.25 Acres

Building Details

Roof type Metal
Listing Agency: Mossy Oak Properties Homestead Land & Auction Company, Inc.
Listed By: Daniel Rohrer
Added: Apr 20 Changed: Aug 4 Last Checked: Aug 20 at 3:06PM
MLS# 11729840

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 restaurant property sits on 1.25 acres and includes a well-equipped kitchen, walk-in cooler, kitchen equipment, and inventory. The layout also provides a casino area and seating on a wraparound deck, with a metal roof serving the building.

Located at 31820 SD Hwy 37 in Running Water, South Dakota, the property offers an established restaurant setup with the principal equipment and functional areas already in place. The sale includes the restaurant business and its associated physical assets.

Key Highlights

  • 1.25‑acre restaurant property at 31820 SD Hwy 37, Running Water, SD 57062
  • Kitchen equipment and inventory included
  • Walk‑in cooler and equipped kitchen

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Grocery & Convenience Store Bed & Breakfast Hotel & Motel

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

11
Businesses Nearby
Well-served
Demand for This Use

Demographics for 57062, SD

2,344
Population
636
Households
3.7
Avg Household Size
40
Median Age
13%
College-Educated
85%
High-School Grad
100.2 sq mi
ZIP Area
23
Density / Sq Mi
$61,295
Median Household Income
$14,274
Median Earnings
$767
Median Rent
$160,400
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant property includes kitchen equipment, inventory, a walk-in cooler, casino area, and wraparound deck seating.
Where is this conventional restaurant located?
The property is located at 31820 SD Hwy 37 Running Water, SD.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: 1.25‑acre restaurant property at 31820 SD Hwy 37, Running Water, SD 57062; Kitchen equipment and inventory included; Walk‑in cooler and equipped kitchen
More about this property
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