Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
2 recent transactions · within 1.5 miComparable in this City
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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