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Property profile & analytics
OFF-MARKET
Specialty properties

0 Main St Thunder Hawk, SD 57638

17,400 SF
Property ID
Property summary
AI-generated overview

This exceptional special-purpose property, located at 515 Main St, Lemmon, SD 57638, presents a unique investment opportunity. The 17,400 square foot building sits on one story and includes a fully operational eight-lane bowling alley, a restaurant with two kitchens, and a full-service liquor bar. The main level features the bowling alley, a locker room, and a front desk. Upstairs, you'll find additional entertainment options including pool tables, a dart board area, and video lottery machines. A lower level offers ample storage and a former roller skating rink, along with another full kitchen. The property boasts 20 parking spaces and is offered as a 1031 exchange opportunity. Recent upgrades have been made to the bar and bowling alley, enhancing its appeal as a premier entertainment destination in Lemmon, South Dakota. The asking price of $129,900 includes both the real estate and the established business. This is a turnkey operation ready for a new owner to continue its success. The property is owned by Lemmon Recreation Inc. and is a single-unit building.

Property profile
Verified
Property type Specialty properties
Total area 17,400 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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