Property summary
This turnkey restaurant opportunity in Philip, South Dakota presents a unique chance for culinary entrepreneurs. Located at 106 N Center Avenue, this property boasts a fully equipped commercial kitchen, ready for immediate operation. The kitchen is well-maintained and includes all necessary equipment for a diverse menu, from casual fare to more sophisticated dishes. The interior has recently been freshly painted, creating a clean and inviting atmosphere for diners. Ample indoor seating is complemented by a charming outdoor seating area, perfect for enjoying pleasant South Dakota evenings. The building sits on a 0.1-acre lot, providing convenient access and visibility in the heart of Philip. This established space eliminates the lengthy and often costly build-out process, allowing for a swift transition into ownership and immediate revenue generation. The asking price is $320,000. This represents a significant opportunity to acquire a thriving business in a welcoming community, ready to serve its residents and visitors. The property's central location ensures high visibility and accessibility, making it an ideal investment for those seeking a profitable and established restaurant venture. Don't miss this chance to realize your culinary vision.
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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