Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    106 Ctr Ave, Philip, SD 57567

    0.1 ac lot
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Commercial real estate
    Lot 0.1 ac (4,356 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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 106 Ctr Ave?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message