0 Main St Thunder Hawk, SD 57638
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.
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.