5001 Western Ave Sioux Falls, SD 57108
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Thriving Restaurant, High Traffic Area
Property size:
9,206 SFProperty Features for 5001 Western Ave
General Information
- Property type
- Restaurants
- Square Feet
- 9,206 SF
- Class
- A
- Lot Size
- 60,374 SF
Building Details
- Year Built
- 2005
Listing Agency: Lloyd Companies Listing Agent: Scott Blount
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Exceptional opportunity to acquire a fully operational, Class A restaurant in Sioux Falls, South Dakota. This 9,206 square foot establishment, built in 2005, boasts a prime location within The Bridges at 57th St, a renowned shopping center attracting 833,000 annual visitors. The property benefits from high visibility at a corner location with approximately 40,600 vehicles passing daily, and excellent access to I-229 (51,578 vehicles daily). The spacious interior comfortably seats 350 guests, complemented by a large outdoor patio accommodating over 150 more. Features include a well-equipped bar with multiple tap lines and a glycol system, a private casino room with its own bar and fireplace, and a versatile conference/party room. The property includes 95+ dedicated parking stalls and sits on a 1.386-acre lot. The 2023 real estate taxes, payable in 2024, are $32,035.20. A liquor license is available, with the price negotiable. This is a single-tenant, NNN lease property, currently operating at 100% occupancy. Detailed equipment lists and floor plans are available upon request. This stabilized investment presents a rare opportunity in a high-demand location. The asking price is $3,250,000.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Let it Fly ...
Restaurant
Location Insight
- Map
- Local Demand
- City
- Sioux Falls
- County
- Lincoln
- State
- South Dakota
- Longitude
- -96.748312
- Latitude
- 43.4998227
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FAQs
What type of property is this?
Restaurant - Thriving Restaurant, High Traffic Area
Where is this restaurant located?
The property is located at 5001 Western Ave Sioux Falls, SD.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: Located in The Bridges at 57th St, a high-traffic shopping center with 833,000 annual visits.; High-visibility corner location with 40,600 vehicles per day passing by.; Excellent I-229 access, with 51,578 vehicles per day.
