17500 Highway 34 Enning, SD 57737
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 17500 Highway 34
- Property type
- Commercial real estate
- APN
- 73.09.335
- APU
- 7309335
Description
This exceptional business opportunity in Enning, SD, presents a chance to own Nellie's Mercantile & Saloon, a well-established local favorite. This 3,465 sq ft. property, newly constructed in 2016, boasts a diverse revenue stream encompassing a convenience store and grocery, a fully operational restaurant with a complete kitchen (grill, stove, 2 freezers, 2 refrigerators, and 3 sinks), and a spacious bar area equipped with seating, a TV, and karaoke. Adding to its appeal is a secure, 10-year lease for a US Post Office, providing a stable income source. The property also includes a 14x70, three-bedroom, fully furnished manufactured home (2005 Cavalier) ideal for owner/manager occupancy. Significant upgrades include a new well (2015), new septic system (2017), and six electric hookups for potential camping sites. The building is even wired for video lottery machines. A 10x19 walk-in cooler and a 9x10 walk-in freezer are also included. Situated on a 1.32-acre lot, this turnkey operation offers immediate income and significant expansion potential, particularly leveraging the Sturgis Rally traffic and the possibility of adding electric car charging stations. All inventory is included in the sale price of $549,900. This is a rare chance to acquire a beloved community establishment with substantial growth opportunities.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Enning
- County
- Meade
- State
- South Dakota
- Longitude
- -102.562
- Latitude
- 44.5757
- CBSA code
- 39660
- CBSA name
- RAPID CITY, SD METROPOLITAN STATISTICAL AREA