15350 Highway 44 E, Caputa, SD 57725
For Sale
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This exceptional opportunity presents a well-established bar and grill located at 15350 E Highway 44 in Caputa, South Dakota. Built in 1909, this 5,870 square foot property boasts a unique and nostalgic atmosphere, attracting a loyal local clientele in a rapidly growing area. The business benefits from a strong reputation for good food and drinks, contributing to its consistent success. The sale includes a large number of fixtures and decorative elements, creating an immersive and authentic experience for patrons. While certain decorative items, specifically the animal mounts, are excluded from the sale, the current owner is open to leaving them for display purposes. Adding to the property's value is a two-bedroom apartment situated above the bar. Currently rented for $1200 per month by a long-term tenant, this space offers potential for owner occupancy or continued rental income. The property sits on a 0.34-acre lot, providing ample space for outdoor seating or potential expansion. This turnkey business presents a rare opportunity to acquire a thriving establishment with significant potential for growth in a desirable location. The asking price for this unique property is $1,100,000. This includes the building, fixtures, and the existing business operations. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
2 recent transactions · within 1.5 miComparable in this City
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.