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Property profile & analytics
OFF-MARKET
Turn key restaurants

200 Main Ave Lemmon, SD 57638-1223

7,815 SF 0.4 ac lot Built 1982
Entity Owned Free & Clear
Property ID
US79-0260990
Property summary
AI-generated overview

This exceptional mixed-use property, located at 200 Main Avenue in Lemmon, South Dakota, presents a compelling investment opportunity. The building, constructed in 1967, boasts a substantial 7,015 square feet of space, all on one story. Priced affordably at $149,000, this translates to a price per square foot of just $21.24. Previously occupied by Benny's Restaurant, the property offers significant potential for a variety of commercial uses. Its spacious layout and versatile design make it ideal for a restaurant, retail space, or numerous other businesses. The building's prime location in Lemmon, South Dakota, within Perkins County, zip code 57638, ensures high visibility and accessibility. This single-building property represents a rare chance to acquire a large, established commercial space in a thriving community. The building's size and location make it an attractive proposition for entrepreneurs seeking to establish a presence in Lemmon. Serious inquiries are encouraged to explore the full potential of this remarkable commercial property. The property is situated at 45.9427631 latitude and -102.1589796 longitude.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1982
Total area 7,815 SF
Lot 0.4 ac (17,424 SF)
APN 01-0101-014-0012-000-0-0-00000
UPID US79-0260990
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
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Owner & transaction history
JOHNSON MC LLC
JOHNSON MC LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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