5200 Grant St Sioux Falls, SD 57110-0405
- Bars
- 6,254 SF
- 1.25 lot acres
Current Use by Public Records
- Obscure Brewing Co. / Restaurant / Brewery
Property Details for 5200 Grant St
- Year built
- 2018
- Lot size
- 1.25 lot acres
- Property size
- 6,254 SF
- Property type
- Bars
- Property subtype
- Pubs
- APN
- 81841
- APU
- 81841
Description
This exceptional 6,254-square-foot brewery and restaurant is ideally situated in east Sioux Falls, South Dakota, at 5200 Grant St, zip code 57110, within Minnehaha County. Built in 2019, the property sits on a 1.25-acre lot and is zoned C-2 Commercial. The building boasts a spacious 4,220-square-foot lower level, perfect for brewing operations, featuring an 8-foot grade-level door, an 8-foot dock-high door, and a walk-in cooler. Upstairs, a 2,034-square-foot dining and bar area, complete with a kitchen, provides ample space for patrons. With a seating capacity of 105 people, plus additional outdoor seating, this establishment is ready for immediate success. The asking price is $1,740,000, translating to $278.22 per square foot. Fixtures, furniture, and equipment (FF&E) are available for purchase. This thriving location benefits from its proximity to numerous established businesses, including Dawley Village, Walmart, Fazoli's, Frontier Climbing & Fitness, Firehouse Subs, Chipotle Mexican Grill, Aldi, First National Bank, First Bank & Trust, Panera Bread, Sports Clips, Panda Express, and Culver's. This turnkey operation presents a unique opportunity for a savvy investor.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,045,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,280,000
- 6.5%
- $1,230,000
- 7%
- $1,355,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,255,000
- Geo Method
- $1,380,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,465,000
- Retail
- $1,435,000
- Mixed-Use
- $1,355,000
- Hospitality
- $1,235,000
- Educational
- $1,285,000
- Residential Income
- $1,080,000
- Energy
- $1,160,000
- Income-Based Land
- $1,325,000
- Food Service
- $1,135,000
Location Insight
- Map
- Local Demand
- City
- Sioux Falls
- County
- Minnehaha
- State
- South Dakota
- Longitude
- -96.6622
- Latitude
- 43.5452
- CBSA code
- 43620
- CBSA name
- SIOUX FALLS, SD METROPOLITAN STATISTICAL AREA
