102 Stre, Huron, SD 57350
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property 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.