Building Details

Year Built 1952

Listing Agency: Bender Commercial Show Phone

Listed By: Austin Luecke · License #SD 21805

Source: Crexi

Added: Mar 17 Changed: Aug 8 Last Checked: Aug 8 at 6:29AM

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Investment Insights

Based on property information with market context.

This is a locally owned and operated BBQ restaurant located in Clear Lake, South Dakota. The property is a turnkey business and real estate opportunity with strong financials. Currently, the restaurant operates for lunch service three days per week. The 1,500 square foot restaurant includes a commercial kitchen and a 250 square foot patio. The property was fully remodeled in 2020, with updates to the HVAC, electric, plumbing, walls, and flooring. The sale includes a full FF&E list.

Key Highlights

• Turnkey BBQ restaurant business and real estate included in sale.
• Strong financials (contact broker for details).
• Fully remodeled in 2020 with new HVAC, electric, plumbing, walls, and flooring.

Property Analytics

Property Profile

Current Use

Humble Pig Smokery Restaurant

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Electrical Service Building Supply Garden Center Hair Salon

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

186

Businesses Nearby

380

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Hotels & Casinos 100%

Americas Best Value Inn & Suites Clear Lake Hotels & Casinos

380 visits/mo 0.4 miles

Demographics for 57226, SD

2,021

Population

878

Households

2.3

Avg Household Size

45

Median Age

26%

College-Educated

91%

High-School Grad

191.0 sq mi

ZIP Area

11

Density / Sq Mi

$71,250

Median Household Income

$39,148

Median Earnings

$678

Median Rent

$175,800

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 - Established BBQ restaurant with real estate and strong financials.

Where is this conventional restaurant located?

The property is located at 411 3rd Ave S Clear Lake, SD.

What is the asking price?

The asking price for this property is $205,000.

What are key features of this property?

This property features: Turnkey BBQ restaurant business and real estate included in sale.; Strong financials (contact broker for details).; Fully remodeled in 2020 with new HVAC, electric, plumbing, walls, and flooring.