513 6Th St Rapid City, SD 57701
- Commercial real estate
Current Use by Public Records
- Wine Cellar Restaurant / Fine Dining Restaurant / Wine Bar
Property Details for 513 6Th St
- Property type
- Commercial real estate
Description
This exceptional opportunity presents the chance to acquire the well-established Wine Cellar Restaurant, located at 513 6th St, Rapid City, South Dakota, 57701. Operating for 23 years, this restaurant boasts a loyal clientele and a strong reputation in the thriving downtown area. The Wine Cellar is renowned for its locally-sourced, seasonal menu featuring fresh European and California-inspired cuisine, as highlighted in local magazines. The intimate dining atmosphere and extensive wine list create a charming and sophisticated experience for patrons. The business is offered as a turnkey operation, ready for immediate ownership transition. A beer and wine license is included in the sale. The current lease is a NNN lease with a 5-year term, with 4 years remaining. Five-year renewal options are available. The asking price of $275,000 is exclusive of inventory, which will be tallied at the time of sale. The business is owned by an LLC. For complete financial details and to proceed with the purchase, a non-disclosure agreement (NDA) must be signed. Direct inquiries to employees or the current owner are prohibited unless accompanied by authorized personnel. This is a rare opportunity to own a successful and beloved restaurant in a prime downtown location.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rapid City
- County
- Pennington
- State
- South Dakota
- Longitude
- -103.227
- Latitude
- 44.0807
