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    OFF-MARKET
    Commercial real estate

    1417 Main St, Faulkton, SD 57438-2189

    0.66 ac lot
    Individually Owned Free & Clear
    Property ID
    US79-0593624
    Property summary
    AI-generated overview

    This thriving restaurant, located at 1417 Main St in Faulkton, South Dakota, presents a unique investment opportunity. The property, built in 2005, boasts 1,200 square feet of space situated on a 0.188-acre lot. Currently operating as a well-known local establishment, "The Burger Shack," this business offers a turnkey operation for a new owner. The restaurant is the only daytime eatery in Faulkton, providing casual dining to residents and visitors alike. The asking price for this established business and its accompanying real estate is $156,900. The property's address is 1417 Main St, Faulkton, SD 57438, within Faulk County. Its convenient location and established customer base make this a compelling opportunity for an individual seeking to enter the restaurant industry or expand their existing portfolio. The property's size and existing infrastructure provide a solid foundation for continued success. This is a rare chance to acquire a profitable, established business in a desirable location. The property is categorized as retail, with a restaurant subtype. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 0.66 ac (28,619 SF)
    APN 33-0300-004-0077-000-0-0-00000
    UPID US79-0593624
    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
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    CAP Approach CAP
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    Owner & transaction history
    TANA CORDIE PORTER
    TANA CORDIE PORTER
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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