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    OFF-MARKET
    Commercial real estate

    102 Stre, Huron, SD 57350

    0.25 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents the chance to acquire Ryan's Hangar Restaurant and Lounge, a well-established eatery situated within the Crossroads Hotel and Convention Center complex in Huron, South Dakota. The property boasts a prime location, directly connected to the Huron Arena, ensuring high visibility and convenient access for patrons. This 0.25-acre site includes a fully operational restaurant and lounge with a full liquor license, currently operating for dinner service but with significant untapped potential for breakfast, lunch, and Sunday brunch. The current owners are seeking to transition to a new chapter in their lives, presenting a unique opportunity for a buyer to implement their own vision and branding strategy. The sale includes the existing restaurant business, offering immediate revenue generation. Furthermore, a lucrative catering contract with the adjacent convention center is available, providing an additional revenue stream and significant growth potential. This turnkey operation is ready for a new owner to capitalize on its established reputation and prime location within a thriving complex. The asking price is $1,200,000. This is a rare chance to own a successful restaurant with substantial expansion possibilities in a dynamic location.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 0.25 ac (10,890 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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