Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    105 Main St Elk Point, SD 57025

    Sponsored
    For Sale
    $350,000

    Main Street eatery, fully equipped, liquor license included.

    Property size:
    3,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional turnkey restaurant opportunity is located at 105 W Main St, Elk Point, SD 57025. The property boasts a substantial 3,600 square feet of space, perfectly suited for a thriving culinary business. The layout includes three distinct dining areas with seating for over 100 patrons, creating a welcoming and spacious atmosphere. A beautiful bar adds to the ambiance, complementing the overall design. Two restrooms ensure guest convenience. Beyond the customer areas, the property features a large prep and storage area, essential for efficient restaurant operations. A fully equipped kitchen is ready for immediate use, eliminating the need for extensive renovations or equipment purchases. This is a significant advantage for prospective buyers, allowing for a quick start to operations. The sale includes all fixtures, furniture, and equipment (FF&E), further streamlining the transition process. A valuable Union County Liquor License is also included in the sale price of $350,000, representing a significant asset for any restaurant operation. The 0.13-acre lot provides ample space for outdoor seating or other potential expansions. This property presents a rare opportunity to acquire a well-established restaurant with all the necessary components for immediate success. Note that an adjacent property at 103 W Main St is also available for purchase, creating a potential for expansion or a larger investment opportunity for a total price of $475,000.

    Property Features for 105 Main St

    General Information

    Property type
    Land
    Square Feet
    3,600 SF
    Lot Size
    5,663 SF

    HighLights

    • Turnkey restaurant, 3,600 sq ft, 105 W Main St, Elk Point, SD.
    • Seating for over 100 patrons, full bar, two restrooms.
    • Large prep area, fully equipped kitchen, FF&E included.
    • $350,000 includes Union County Liquor License.
    • 0.13‑acre lot; adjacent property (103 W Main St) available for $475,000 total.
    Property Profile Location Intelligence

    Current Use by Public Records

    Landmark Antiques & More Antique Store Blue Tequila Mexican Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elk Point
    County
    Union
    State
    South Dakota
    Longitude
    -96.6849893
    Latitude
    42.6865593

    Nearby Comparable

    • $250,000
      0.13 Acres

      Turnkey Restaurant on Main Street

      Restaurant property on Main Street with fully equipped kitchen.
      105 W Main St, Elk Point, SD 57025
      View Details
    • $99,000
      0.42 Acres

      Commercial Land Near Golf Course

      Commercial land in Elk Point, SD, general business zoning.
      903 E Main St, Elk Point, SD 57025
      View Details

    Nearby Similar for Sale

    • $250,000
      0.13 Acres

      Turnkey Restaurant on Main Street

      Restaurant property on Main Street with fully equipped kitchen.
      105 W Main St, Elk Point, SD 57025
      View Details

    FAQs

    What type of property is this?
    Land - Main Street eatery, fully equipped, liquor license included.
    Where is this land located?
    The property is located at 105 Main St Elk Point, SD.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: Turnkey restaurant, 3,600 sq ft, 105 W Main St, Elk Point, SD.; Seating for over 100 patrons, full bar, two restrooms.; Large prep area, fully equipped kitchen, FF&E included.
    Request Owner's contact information
    105 Main St Elk Point, SD 57025
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    105 Main St
    Elk Point, SD 57025
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    105 Main St Elk Point, SD 57025
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.