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    OFF-MARKET
    Commercial real estate

    432 4Th St, Oelrichs, SD 57763

    0.05 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property in Oelrichs, South Dakota, presents a unique opportunity for entrepreneurs. Located on a 0.05-acre lot at 432 W 4th Street, this ready-to-operate establishment boasts a prime location just off Highway 385, offering convenient access for both locals and tourists. Situated within a short drive of Rapid City, Chadron, Nebraska, and Angostura Reservoir, the property benefits from significant foot traffic and a strong potential customer base. The building itself is well-equipped for immediate operation as a restaurant or bar, featuring a fully functional bar area, dedicated restaurant space, a walk-in cooler for efficient food storage, two restrooms for customer convenience, and a separate office for administrative tasks. Ample parking is available, along with existing tables and bar stools, minimizing the need for significant upfront investment. An additional exterior storage building provides extra space for supplies or equipment. Previously operating as a successful bar/restaurant, this property is poised for immediate success with minimal renovations required. The existing infrastructure and convenient location make this an ideal opportunity for a variety of food and beverage businesses. Don't miss this chance to establish your business in a thriving community.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 0.05 ac (2,178 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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