415 S A Ave, New Underwood, SD 57761
Turnkey restaurant and bar fully remodeled in 2024, featuring a commercial kitchen, outdoor patio, and entertainment-ready game room.
- Added:
- May 29, 2026
- Days on Market:
- 38
- Last Refresh:
- Jul 1 at 4:50 am
Property Features for 415 S A Ave
General Information
- Standard status
- Active
- Size
- 4,380 SF
Listing office RE/MAX RESULTS (605) 391-2645
Listing date May 29, 2026
Source Exprealty
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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
- 12x60 outdoor patio with seating and a gas fire pit
- Rear game room features darts, shuffleboard, and a golf simulator
Overview
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.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $78.8k | $18.00 |
| − Vacancy | −$4.7k | −$1.08 |
| EGI | $74.1k | $16.92 |
| − OpEx | −$18.5k | −$4.23 |
| NOI | $55.6k | $12.69 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Underwood
- County
- Pennington
- State
- South Dakota
- Longitude
- -102.8366195
- Latitude
- 44.0925401
