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Turnkey Full-Service Restaurant
For Sale
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901 W Russell St, Sioux Falls, SD 57104

Single-story restaurant with two patron entrances, fully renovated kitchen and bar, rooftop HVAC, and a sprinkler system.

Property Size4,996 SF
Price / SF$499.40
Days on Market189

Property Features for 901 W Russell St

General Information

Standard status Active
Size 4,996 SF
Total Parking Spaces 52
Property subtype RETAIL

Restaurant

Commercial Hood Yes
Liquor License Yes

Additional Details

Furnished Yes
Sprinkler System Yes

Building Details

Year Renovated 2024
Stories 1
Listing Agency: Lloyd Companies - Corporate
Listed By: Scott Blount · License #11915
Source: Moodyscre
Added: Mar 2 Changed: Aug 16 Last Checked: Jul 22 at 11:03AM

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 Lloyd Companies - Corporate

Investment Insights

Based on property information with market context.

Single-story, turnkey full-service restaurant opportunity that has been fully renovated in 2024. The layout includes a centrally located kitchen dividing the dining area, with one side designed for traditional dining and the other for bar seating and service. Two patron entrances serve guests, including one on the west and one on the south. Interior upgrades include new light fixtures and new LED lighting, along with new booths, tables, and chairs. Building systems and safety improvements include two new rooftop HVAC systems, a sprinkler system throughout, and a newly installed Class 1 hood system with Ansul. A new audio/visual system is also included. Extensive FF&E is included, and the sale includes a liquor license.

The property provides 52 surface parking stalls and features prominent building signage. Daytime population is listed as 9,586 within one mile.

The sale is positioned as a fully equipped operation with both kitchen and bar facilities already in place.

Key Highlights

  • Fully renovated in 2024 with all‑new lighting (interior & exterior) and updated FF&E included in the sale price
  • Single‑story restaurant with fully equipped kitchen and bar, plus a Class 1 hood system with ansul
  • Two new rooftop HVAC systems and a newly installed sprinkler system throughout

Property Analytics

Current Use

Casa Del Rey Restaurant

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Dental Office Auto Parts Store Hair Salon Auto Repair 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

Yes
Sprinkler system
Yes
Commercial hood
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

466
Businesses Nearby
51k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 49% Hotels & Casinos 32% Dining 19%
Kum & Go Shops & Services
23,121 visits/mo 0.5 miles
Ramada by Wyndham Sioux Falls Airport-Waterpark & Event Ctr Hotels & Casinos
9,968 visits/mo 0.3 miles
Burger King Dining
9,588 visits/mo 0.4 miles
Sheraton Sioux Falls & Convention Center Hotels & Casinos
6,467 visits/mo 0.4 miles
U.S. Bank Shops & Services
1,866 visits/mo 0.5 miles

Demographics for 57104, SD

26,998
Population
13,952
Households
1.9
Avg Household Size
37
Median Age
25%
College-Educated
90%
High-School Grad
30.4 sq mi
ZIP Area
888
Density / Sq Mi
$59,161
Median Household Income
$39,101
Median Earnings
$849
Median Rent
$183,700
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Single-story restaurant with two patron entrances, fully renovated kitchen and bar, rooftop HVAC, and a sprinkler system.
Where is this conventional restaurant located?
The property is located at 901 W Russell St Sioux Falls, SD.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: Fully renovated in 2024 with all‑new lighting (interior & exterior) and updated FF&E included in the sale price; Single‑story restaurant with fully equipped kitchen and bar, plus a Class 1 hood system with ansul; Two new rooftop HVAC systems and a newly installed sprinkler system throughout
(605) 231-1882 Call to check price and availability
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