432 4Th St, Oelrichs, SD 57763
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.