Listing Agency: EXIT Realty - Mitchell

Listed By: Tonya Klingaman · License #SD 15848 Show Phone

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Sep 1 at 12:08PM

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Investment Insights

Based on property information with market context.

Located at 705 Redwood St in Parkston, South Dakota, this commercial building is currently configured for restaurant operations as Overtime Restaurant. The sale includes personal property associated with the business.

The property sits near the intersection of Hwy 37 and Hwy 44, beside a grocery store and other commercial properties. The building may also accommodate uses such as a contractor headquarters, sales office, retail store, seed company, veterinarian practice, or storage facility.

Key Highlights

• Operating restaurant configuration under the Overtime Restaurant name
• Personal property included with the sale
• Near the intersection of Hwy 37 and Hwy 44

Property Analytics

Property Profile

Current Use

Conventional restaurants

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Auto Parts Store Electrical Service Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

45

Businesses Nearby

6k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Cenex Shops & Services

5,927 visits/mo 0.2 miles

Demographics for 57366, SD

2,318

Population

1,173

Households

2

Avg Household Size

42

Median Age

22%

College-Educated

94%

High-School Grad

218.0 sq mi

ZIP Area

11

Density / Sq Mi

$75,750

Median Household Income

$44,894

Median Earnings

$748

Median Rent

$173,400

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

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Operating restaurant building with included personal property and flexibility for several commercial uses.

Where is this conventional restaurant located?

The property is located at 705 Redwood St Parkston, SD.

What are key features of this property?

This property features: Operating restaurant configuration under the Overtime Restaurant name; Personal property included with the sale; Near the intersection of Hwy 37 and Hwy 44