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    FOR SALE
    Bars & Pubs

    15350 Highway 44 E, Caputa, SD 57725

    2,960 SF 0.32 ac lot Built 1909
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US79-0547948
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Bars & Pubs
    Use group BAR, TAVERN
    Year built 1909
    Total area 2,960 SF
    Lot 0.32 ac (13,939 SF)
    APN 56-01-278-012
    UPID US79-0547948
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    TK SALOON & GRILL LLC
    TK SALOON & GRILL LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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