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    Established Sports Bar Opportunity Title is generated by Realmo AI

    909 West Ave, Sioux Falls, SD 57104

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    Operating sports bar with liquor license and ample parking.

    Type:Retail
    Property size:
    7,872 SF
    Price / SF:
    $235/SF
    Added:
    May 6, 2022
    Days on Market:
    1523
    Last Refresh:
    Jul 4 at 9:08 am

    Property Features for 909 West Ave

    General Information

    Standard status
    Active
    Size
    7,872 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1963

    We can help!

    Contact an agent
    Ryan Ammann
    Ryan Ammann

    Listing office NAI Sioux Falls

    Listing date May 6, 2022

    Source Crexi

    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 NAI Sioux Falls

    HighLights

    • Liquor license included in the price
    • 102 paved on‑site parking spaces
    • FF+E (Furniture, Fixtures, and Equipment) included
    • Ample building signage and pylon on West Ave
    • HVAC upgrades
    • Roof replaced in 2019

    Overview

    This property, previously operated as a Buffalo Wild Wings and currently functioning as a non-franchise sports bar, presents a commercial real estate opportunity. The building features a roof that was replaced in 2019 and HVAC upgrades. It includes 102 paved on-site parking spaces and ample building signage, along with a pylon on West Avenue. The property size is 7872 square feet. The sale includes a liquor license and a list of furniture, fixtures, and equipment (FF+E). Note that the sale price excludes the sound system and audio-visual equipment used for on-stage performances. Broker presence is required at showings. The property maintains a sports bar identity.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $151.1k $19.20
    − Vacancy −$11.3k −$1.44
    EGI $139.8k $17.76
    − OpEx −$35.0k −$4.44
    NOI $104.9k $13.32
    7,872 SF · lease $19.20/SF/yr · vacancy 7.50% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $1.50M
    $1.31M – $1.75M (±1% cap)
    NOI $104,855 @ 7.0% cap · market cap 5.67%
    Second Best
    Retail
    $1.30M
    $1.14M – $1.52M (±1% cap)
    NOI $91,252 @ 7.0% cap · market cap 4.93%
    Theoretical Best
    Office A
    $2.14M
    $1.87M – $2.49M (±1% cap)
    NOI $149,631 @ 7.0% cap · market cap 8.09%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Den Bar & Pub

    Suggested Use

    Real Estate Agency Dental Office HVAC Service Auto Parts Store Electrical Service Spa & Massage Center Hair Salon Travel Agency Tech Support Center Cosmetic Store

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

    Similar Places Nearby

    • Remedy Brewing warehouse — West Ave, Sioux Falls, SD 57105
    • Starbucks — 1305 W 18th St, Sioux Falls, SD 57117
    • Theep Z Noor — 5 S Garfield Ave, Sioux Falls, SD 57104
    • Gas Light Saloon — 2206 W 12th St, Sioux Falls, SD 57104
    • SD Hookah Lounge — 301 S Garfield Ave Unit 8, Sioux Falls, SD 57104

    Location Insight

    • Map
    • Local Demand
    City
    Sioux Falls
    County
    Lincoln
    State
    South Dakota
    Longitude
    -96.746607
    Latitude
    43.537473

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    FAQs

    What type of property is this?
    Bar & Pub - Operating sports bar with liquor license and ample parking.
    Where is this bar & pub located?
    The property is located at 909 West Ave Sioux Falls, SD.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: Liquor license included in the price; 102 paved on‑site parking spaces; FF+E (Furniture, Fixtures, and Equipment) included
    (605) 310-7091 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Ryan Ammann
    Ryan Ammann
    Real Estate License ID: IA S43616000
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