Search
Highway Restaurant and Motel
For Lease
$2,500/Mo NNN (Triple Net)

36275 Us Highway 12, Ipswich, SD 57451

Restaurant and motel setup with turnkey equipment, plus a motel side offering a bedroom, bath, and kitchen.

Space SizeContact for details
Days on Market175

Property Features for 36275 Us Highway 12

General Information

Standard status Active

Additional Details

Business Included Yes
Listing Agency: Century 21 Northern Advantage
Listed By: Ashton Davis · License #57401
Source: Exprealty
Added: Feb 17 Changed: Jul 10 Last Checked: Aug 10 at 8:11AM

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 Century 21 Northern Advantage

Investment Insights

Based on property information with market context.

This for-lease property is a combined hospitality building with both a restaurant/bar operation area and a motel-style side. The space is described as turnkey, including appliances, coolers, grills, taps, tables, and barstools. A motel side includes a bedroom, bathroom, and kitchen, and that side is also noted as operable.

The building is located on US Highway 12 at 36275 US Highway 12 in Ipswich, SD, providing direct highway access for customers and guests.

The layout is suited for an operator looking to run a restaurant or bar concept while also using the motel side for on-site lodging. A triple net lease with a three-year term is preferred, with the asking rent referenced as $2,500 per month in the public remarks. Prospective tenants should contact an agent for more information on lease structure and to arrange a showing.

Key Highlights

  • Triple net (NNN) three‑year lease preferred at $2,500 per month
  • Restaurant and motel setup with appliances and restaurant equipment included
  • Includes coolers, grills, taps, tables, and barstools

Property Analytics

Current Use

Motels

Suggested Use

Top Pick Storage Facility Veterinary Clinic Restaurant 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
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

11
Businesses Nearby
Well-served
Demand for This Use

Demographics for 57451, SD

2,381
Population
1,030
Households
2.3
Avg Household Size
43
Median Age
33%
College-Educated
94%
High-School Grad
430.2 sq mi
ZIP Area
6
Density / Sq Mi
$85,795
Median Household Income
$43,400
Median Earnings
$1,019
Median Rent
$221,100
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Myran's Refuge Motel & RV Sites 36275 US-12, Ipswich, SD 57451

Frequently Asked Questions

What type of property is this?
Motel - Restaurant and motel setup with turnkey equipment, plus a motel side offering a bedroom, bath, and kitchen.
Where is this motel located?
The property is located at 36275 Us Highway 12 Ipswich, SD.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: Triple net (NNN) three‑year lease preferred at $2,500 per month; Restaurant and motel setup with appliances and restaurant equipment included; Includes coolers, grills, taps, tables, and barstools
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message