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Bar and Restaurant with Stages
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511 S Main St, Mitchell, SD 57301

Full-service hospitality venue with indoor and outdoor entertainment areas, bars, bathrooms, and a commercial kitchen.

Property SizeContact for details
Days on Market144

Property Features for 511 S Main St

General Information

Standard status Active
Property subtype Retail

Restaurant

Commercial Hood Yes
Patio Yes
Liquor License Yes

Additional Details

Business Included Yes

Amenities

entertainment areas with stages
fenced-in back entertainment area with bar and stage
Listing Agency: KW Commercial Sioux Falls, SD
Listed By: Larry Luetke · License #SD 12096
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 4:40PM

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 KW Commercial Sioux Falls, SD

Investment Insights

Based on property information with market context.

This bar and restaurant includes a full kitchen with hoods, interior and exterior bars, and separate indoor and outdoor entertainment areas. Stages support live-band programming, while bathrooms are accessible from both the interior and exterior areas. A fenced rear entertainment space includes its own bar and stage for seasonal outdoor use.

The property is located at 511 S Main St in Mitchell, South Dakota, across from the World's Only Corn Palace. Capacity is 350 occupants indoors and 350 outdoors. The sale includes a beer and wine license; a liquor license may be rented or purchased. Operational equipment includes 40 tap lines, 5 POS stands, and 8 mobile POS stands.

Key Highlights

  • Bar and restaurant at 511 S Main St, Mitchell, SD 57301
  • Across from the World's Only Corn Palace
  • Indoor and outdoor entertainment areas with stages

Property Analytics

Current Use

The Back 40 Taphouse ... Restaurant

Suggested Use

Top Pick Real Estate Agency Garden Center Law Firm Parking Lot & Garage Barber Shop Daycare 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
Yes
Commercial hood
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

703
Businesses Nearby
38k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 56% Shops & Services 41% Home Improvements & Furnishings 3%
Casey's Shops & Services
10,226 visits/mo 0.3 miles
Taco John's Dining
8,689 visits/mo 0.3 miles
SUBWAY Dining
6,652 visits/mo 0.3 miles
Wells Fargo Shops & Services
3,317 visits/mo 0.1 miles
Little Caesars Pizza Dining
3,157 visits/mo 0.5 miles

Demographics for 57301, SD

18,759
Population
9,148
Households
2.1
Avg Household Size
40
Median Age
25%
College-Educated
91%
High-School Grad
238.3 sq mi
ZIP Area
79
Density / Sq Mi
$60,671
Median Household Income
$39,545
Median Earnings
$775
Median Rent
$191,300
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
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Similar Off Market Nearby

  • The Depot 210 S Main St, Mitchell, SD 57301
  • Dr Lucky's Bar & Grill 205 N Main St, Mitchell, SD 57301
  • Big Dummy's 112 N Main St, Mitchell, SD 57301
  • JADeS Bar 107 N Main St, Mitchell, SD 57301
  • Valley View Pub 618 N Duff St, Mitchell, SD 57301

Frequently Asked Questions

What type of property is this?
Bar & Pub - Full-service hospitality venue with indoor and outdoor entertainment areas, bars, bathrooms, and a commercial kitchen.
Where is this bar & pub located?
The property is located at 511 S Main St Mitchell, SD.
What are key features of this property?
This property features: Bar and restaurant at 511 S Main St, Mitchell, SD 57301; Across from the World's Only Corn Palace; Indoor and outdoor entertainment areas with stages
(605) 275-0555 Call to check price and availability
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