Building Details

Year Built 1915

Units 1

Listing Agency: Janklow Eliason Real Estate

Listed By: Brian Eliason · License #SD 17988 Show Phone

Source: Crexi

Added: Aug 31 Changed: Sep 2 Last Checked: Sep 2 at 2:12PM

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Investment Insights

Based on property information with market context.

This bar and grill property at 437 Main St in Alexandria, South Dakota, offers 2756 square feet of hospitality space. The building dates to 1915 and includes a commercial kitchen configured with a walk-in cooler, hood systems, deep fryers, and a flat-top grill.

The sale includes inventory and a liquor license, providing an existing framework for continued bar and restaurant operations. The property combines the customer-facing bar and dining use with substantial back-of-house food-service equipment in a single commercial facility.

Key Highlights

• 2756‑square‑foot bar and grill property at 437 Main St, Alexandria, SD 57311
• Commercial kitchen includes a walk‑in cooler, hood systems, deep fryers, and flat‑top grill
• Inventory and liquor license included

Property Analytics

Property Profile

Current Use

RJ'S SPORT BAR ... Restaurant

Suggested Use

Top Pick Building Supply Storage Facility Furniture & Home Goods Butcher Big Box & Wholesale Store Cafe & Coffee Shop

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

Yes

Commercial hood

Yes

Liquor license

Location Intelligence

Trade Area within ½ mile

82

Businesses Nearby

9k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 86% Home Improvements & Furnishings 14%

Sinclair Shops & Services

7,303 visits/mo 0.5 miles

Alexandria Ace Hardware Home Improvements & Furnishings

1,232 visits/mo 0.3 miles

Demographics for 57311, SD

1,522

Population

558

Households

2.7

Avg Household Size

36

Median Age

22%

College-Educated

93%

High-School Grad

188.4 sq mi

ZIP Area

8

Density / Sq Mi

$99,432

Median Household Income

$46,071

Median Earnings

$729

Median Rent

$191,900

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

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this bars & pubs located? What is the asking price? Find similar properties What are key features of this property?

Similar Off Market Nearby

• Butches Tavern — Alexandria, SD 57311

Frequently Asked Questions

What type of property is this?

Bar & Pub - Established hospitality property with a licensed bar, restaurant operations, and installed commercial kitchen equipment.

Where is this bar & pub located?

The property is located at 437 MAIN ST Alexandria, SD.

What is the asking price?

The asking price for this property is $179,900.

What are key features of this property?

This property features: 2756‑square‑foot bar and grill property at 437 Main St, Alexandria, SD 57311; Commercial kitchen includes a walk‑in cooler, hood systems, deep fryers, and flat‑top grill; Inventory and liquor license included