217 5th St Menno, SD 57045-2127
This exceptional investment opportunity presents the Schnitz Bar & Restaurant, a thriving, established business located at 217 S 5th St, Menno, South Dakota, 57045. The property, built in 1922, boasts a rich history, having served as a grocery store and dry goods emporium before becoming a beloved local bar. Currently operating as a successful bar and restaurant, this mixed-use property offers 6,000 square feet of space spread across three stories, situated on a 7,242 square foot lot (APN: 250-10-02N03). The asking price is $250,000, translating to $41.67 per square foot. The property is zoned for commercial use and presents a turnkey operation for an owner/user. This is a rare chance to acquire a well-established business with significant historical value and strong community ties in Hutchinson County. The property's prime location and established clientele base provide a solid foundation for continued success and growth. This is an ideal opportunity for an entrepreneur seeking a profitable, established business with significant potential for future expansion. The building's character and history offer a unique and attractive atmosphere for patrons, ensuring a vibrant and thriving business for years to come.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.