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Former Bar with Flexible Layout
For Sale
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745 1/2 Sherman Street, Leola, SD 57456

Former bar building offered as-is, with a flexible interior layout for a variety of commercial concepts.

Property SizeContact for details
Days on Market110

Property Features for 745 1/2 Sherman Street

General Information

Standard status Active
Property subtype Special Purpose
Listing Agency: Century 21 Heritage Jamestown
Listed By: Maggie Newhouse · License #ND
Source: Crexi
Added: Apr 24 Changed: Aug 8 Last Checked: Jul 23 at 6:01PM

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 Century 21 Heritage Jamestown

Investment Insights

Based on property information with market context.

This former bar building offers a flexible floor plan and a solid structure, suited to a range of commercial uses. The property is being sold “AS IS, WHERE IS,” and the included liquor and liquor license do not transfer upon sale of the property.

Located at 745 1/2 Sherman Street in Leola, South Dakota, the building is positioned in the town center, making it a recognizable option for operators seeking a community-focused location.

While the prior use was a bar, the open-ended layout is intended to support new concepts, including retail, office, or event-oriented use. A new owner should plan around the non-transferability of any liquor-related license terms noted in the remarks.

Key Highlights

  • Former bar building in Leola, South Dakota offered for your commercial concept.
  • Flexible interior layout suitable for uses such as a cafe, retail shop, event space, office, or hunting lodge.
  • Sold "as is, where is."

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Building Supply Auto Repair Shop Auto Parts Store Grocery & Convenience Store

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

77
Businesses Nearby
Well-served
Demand for This Use

Demographics for 57456, SD

788
Population
298
Households
2.6
Avg Household Size
40
Median Age
36%
College-Educated
92%
High-School Grad
363.1 sq mi
ZIP Area
2
Density / Sq Mi
$76,667
Median Household Income
$42,148
Median Earnings
$850
Median Rent
$72,100
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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Similar Off Market Nearby

  • Billy's bar and grill Leola, SD 57456
  • Leola Legion Club 746 Sherman St, Leola, SD 57456

Frequently Asked Questions

What type of property is this?
Bar & Pub - Former bar building offered as-is, with a flexible interior layout for a variety of commercial concepts.
Where is this bar & pub located?
The property is located at 745 1/2 Sherman Street Leola, SD.
What are key features of this property?
This property features: Former bar building in Leola, South Dakota offered for your commercial concept.; Flexible interior layout suitable for uses such as a cafe, retail shop, event space, office, or hunting lodge.; Sold "as is, where is."
More about this property
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