Property profile

15350 Hwy 44 Caputa, SD 57725

OFF-MARKET
Bars & Pubs
Property ID
US79-0547948
2,960 SF 0.32 ac lot Built 1909
Entity Owned Absentee Owner Free & Clear
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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

Location

15350 Hwy 44 Caputa, SD 57725
Caputa metro Census 11601 RAPID CITY, SD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

Comparables

2 recent transactions · within 1.5 mi
Comparable in this city
2 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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