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    909 West Ave Sioux Falls, SD 57104

    Sponsored
    For Sale
    $1,850,000

    Prime Sioux Falls restaurant, vacant, high visibility.

    Property size:
    7,872 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 7,872 square foot, single-story restaurant building is located at 909 West Ave N in Sioux Falls, South Dakota, within a vibrant entertainment district. Built in 1963 and renovated in 2001, the property sits on a 51,100 square foot lot and offers 102 paved on-site parking spaces. The asking price is $1,850,000 ($235.01/sq ft). The building boasts ample signage opportunities, including a pylon sign on West Ave. Recent improvements include a roof replacement in 2019 and HVAC upgrades. Previously operated as a Buffalo Wild Wings and more recently as a non-franchise sports bar, the property includes a liquor license. A list of included furniture, fixtures, and equipment is available. The sale does not include the sound system and audio-visual equipment. This is a remarkable opportunity to acquire a well-located, established restaurant space with significant potential. The property is currently vacant and ready for immediate occupancy.

    Property Features for 909 West Ave

    General Information

    Property type
    Restaurants
    Square Feet
    7,872 SF

    Building Details

    Year Built/Renovated
    1963/2001
    Buildings
    1
    Stories
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    The Den Bar

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Sioux Falls
    County
    Minnehaha
    State
    South Dakota
    Longitude
    -96.747959691182
    Latitude
    43.558168048924

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    FAQs

    What type of property is this?
    Restaurant - Prime Sioux Falls restaurant, vacant, high visibility.
    Where is this restaurant 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.
    Request Owner's contact information
    909 West Ave Sioux Falls, SD 57104
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    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
    909 West Ave Sioux Falls, SD 57104
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