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Restaurant with Banquet Room

512 National Street, Belle Fourche, SD 57717

For Sale
New
$400,000

Includes a dedicated wine room, equipped kitchen, private office, and substantial basement storage.

Property Size9,420 SF
Price / SF$42.46
Days on Market2

Property Features for 512 National Street

General Information

Standard status Active
Size 9,420 SF
Property subtype Commercial

Restaurant

Equipment Included Yes
Liquor License Yes

Additional Details

Business Included Yes
Highway Access Yes

Amenities

Partial Basement
0.26

Building Details

Year Built 1962
Buildings 1
Listing Agency: Keller Williams Realty Black Hills BF
Listed By: Janet Van Nuys
Source: Southdakotaproperties
Added: Nov 8 Changed: Nov 9 Last Checked: Nov 8 at 2:40PM

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 Keller Williams Realty Black Hills BF

Rey
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Investment Insights

Based on property information with market context.

The restaurant includes a main dining area, a separate wine room, an equipped kitchen, and a banquet room. A side entrance, private office, and main-level dry goods storage support the layout. The basement provides 2,760 square feet of storage and includes a walk-in cooler and freezer.

The property is less than a block from Highway 85 in Belle Fourche, South Dakota. It is also offered with the business, fixtures, and liquor license.

Key Highlights

  • Banquet room measures 59.7' x 43.4'
  • Main dining area measures 27.8x38.7
  • Wine room measures 26.8' x 23.4'

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Dental Office Pharmacy Real Estate Agency Electrical Service

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
Highway access
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

260
Businesses Nearby
Under-served
Demand for This Use

Demographics for 57717, SD

8,242
Population
3,832
Households
2.2
Avg Household Size
41
Median Age
19%
College-Educated
88%
High-School Grad
1,364.4 sq mi
ZIP Area
6
Density / Sq Mi
$71,326
Median Household Income
$39,197
Median Earnings
$937
Median Rent
$215,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Includes a dedicated wine room, equipped kitchen, private office, and substantial basement storage.
Where is this conventional restaurant located?
The property is located at 512 National Street Belle Fourche, SD.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Banquet room measures 59.7' x 43.4'; Main dining area measures 27.8x38.7; Wine room measures 26.8' x 23.4'
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