Building Details

Year Built 1963

Year Renovated 2024

Listing Agency: RE/MAX Results

Listed By: Bart Miller · License #13116 Show Phone

Source: Arcblackhills

Added: Jun 27 Changed: Oct 5 Last Checked: Oct 4 at 11:16AM

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Investment Insights

Based on property information with market context.

This turnkey restaurant and bar was fully remodeled in 2024, including a 24x72 addition and a complete interior and exterior refresh. The property includes brand-new heating and air conditioning units installed in 2024, supporting comfortable year-round operations. The commercial kitchen is described as clean and fully equipped, and it is maintained in pristine condition.

The concept includes an outdoor patio measuring 12x60, with seating and a gas fire pit designed for guest dining and events. For on-site entertainment, there is a rear game room featuring darts, shuffleboard, and a golf simulator, supporting a lively atmosphere for groups and parties.

With the restaurant and bar presented as move-in ready, this property is well suited for an operator seeking an already built and equipped food and beverage environment. The combination of indoor entertainment space, a dedicated patio area, and a 2024 remodel—with newer HVAC—helps reduce immediate capital demands for day-to-day functionality. The opportunity is offered for sale at 415 S A Ave, New Underwood, SD.

Key Highlights

• Restaurant and bar fully remodeled in 2024 with a 24x72 addition
• Brand‑new heating and air conditioning units installed in 2024
• Commercial kitchen is fully equipped and maintained in pristine condition

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Plumbing Service Kitchen & Bath Showroom Hair Salon Nail Salon Pet Store Spa & Massage Center

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

49

Businesses Nearby

455

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

First Interstate Bank Shops & Services

455 visits/mo 0.0 miles

Demographics for 57761, SD

1,183

Population

466

Households

2.5

Avg Household Size

41

Median Age

28%

College-Educated

96%

High-School Grad

441.1 sq mi

ZIP Area

3

Density / Sq Mi

$101,042

Median Household Income

$47,958

Median Earnings

$871

Median Rent

$263,800

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?

Frequently Asked Questions

What type of property is this?

Conventional restaurant - Turnkey restaurant and bar fully remodeled in 2024, featuring a commercial kitchen, outdoor patio, and entertainment-ready game room.

Where is this conventional restaurant located?

The property is located at 415 S A Ave New Underwood, SD.

What is the asking price?

The asking price for this property is $1,100,000.

What are key features of this property?

This property features: Restaurant and bar fully remodeled in 2024 with a 24x72 addition; Brand‑new heating and air conditioning units installed in 2024; Commercial kitchen is fully equipped and maintained in pristine condition