515 Main St, Lemmon, SD 57638
This exceptional business opportunity in Lemmon, South Dakota presents a unique chance to acquire a well-established entertainment venue. The property boasts a substantial 17,400+ square feet of space, encompassing a thriving bowling alley with eight lanes, two fully equipped kitchens, and a full-service liquor bar. The main level features the bowling alley itself, a convenient locker room, and a reception area. Upstairs, you'll find additional entertainment options including pool tables, a dartboard area, and video lottery machines, all complemented by the full-service bar. The lower level offers significant potential, previously utilized as a roller skating rink, and now provides ample storage space and another full kitchen. Recent upgrades to the bar and bowling alley have enhanced the overall appeal and functionality of the establishment, solidifying its position as a popular destination in Lemmon. The sale includes both the business and the real estate, offering a complete and turnkey operation. This is an ideal investment for an entrepreneur seeking a profitable, established business with significant expansion possibilities. The property is located at 515 Main Street, Lemmon, SD, and is priced at $129,900. Serious inquiries are encouraged.
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.