Property summary
This exceptional opportunity presents a turnkey bar and on-sale liquor license in Rapid City, South Dakota, listed at $600,000. Located at 1902 N Lacrosse St, zip code 57701, this valuable asset allows for the sale of alcoholic beverages for on-site consumption. A significant advantage is the inclusion of authorization for up to ten gaming machines, offering a substantial additional revenue stream. Situated in Pennington County, this property benefits from Rapid City's robust economy and increasing tourism. The license is ideal for entrepreneurs seeking to establish a new bar or expand an existing business within the city's dynamic hospitality and entertainment sector. This is a rare chance to acquire a well-positioned, established license with significant earning potential, ready for immediate operation. The property's prime location in Rapid City, South Dakota, ensures high visibility and accessibility to a large customer base. This turnkey opportunity minimizes start-up costs and allows for immediate revenue generation. The combination of a liquor license and gaming machine authorization provides a unique and lucrative investment prospect in a thriving market. Don't miss this chance to own a piece of Rapid City's vibrant nightlife scene.
Property profile
VerifiedCap rate & NOI
Current use
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Hotel & Motel
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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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