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    Carthage, SD
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    Carthage, SD Restaurants for Sale

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    Lake Preston, SD De Smet, SD Cavour, SD Ramona, SD
    Restaurant and Steakhouse with Covered Stage
    Updated: Jun 25
    Restaurant and Steakhouse with Covered Stage

    120 E Main St, Carthage, SD 57323

    $185,000
    0.24 AC lot
    0.241‑acre restaurant and steakhouse property built in 1910
    Fully equipped kitchen, dining area, bar, and event space
    Outdoor entertainment area with a covered stage for live music and events
    Commercial zoning
    Water available
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Carthage, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Bar and Restaurant
    Bar and Restaurant

    123 SW 1st St, Madison, SD 57042

    $378,500
    2,568 sqft 0.06 AC lot

    Frame-built bar and restaurant zoned Central Business with central heating, central air, and water available.

    View details
    Turnkey Bar and Restaurant Building
    Turnkey Bar and Restaurant Building

    56 3RD St SE, Huron, SD 57350

    $810,000
    19,500 sqft 0.18 AC lot

    Turnkey bar and restaurant in a 19,500-sf historic building, with commercial kitchen, bar and dining areas.

    View details
    Bar and Restaurant
    Bar and Restaurant

    123 SW FIRST ST, Madison, SD 57042

    Contact for pricing
    1,380 sqft

    Established bar and restaurant built in 1914 in Madison, SD, offered for sale.

    View details
    Three-Story Hotel and Restaurant
    Three-Story Hotel and Restaurant

    100 4th St SW, Huron, SD 57350

    Contact for pricing

    Interior-corridor, 100-room hotel attached to an events and convention center with a full-service on-site restaurant.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land Ready for Development
    Commercial Land Ready for Development

    910 East Spruce Street, Mitchell, SD 57301

    Contact for pricing

    Shovel-ready commercial land suitable for various business ventures.

    View details
    Commercial Land Lot on Main Street
    Commercial Land Lot on Main Street

    4th St, Dell Rapids, SD 57022

    $79,900
    0.32 AC lot

    Build-ready commercial lot in Central Business zoning, fenced with chain-link, on a primary Dell Rapids corridor.

    View details
    Commercial Land with Utilities
    Commercial Land with Utilities

    500 N Heritage Pkwy, Tea, SD 57064

    $220,000
    0.68 AC lot

    General Commercial zoning with public water and sewer and natural gas available on a commercial lot in Tea.

    View details
    Commercial Land with Main Street Visibility
    Commercial Land with Main Street Visibility

    2001 Jack Nicklaus Dr., Elk Point, SD 57025

    $87,352
    0.51 AC lot

    GB-zoned commercial land with visibility from Main Street in Elk Point.

    View details

    Carthage, SD Restaurants Market Trends and Statistics

    Explore 1 restaurants for sale in Carthage, SD on our real estate platform.

    Sale prices for restaurant properties in Carthage, SD average $185,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 1
    Conventional restaurants 1

    Demographics Overview

    Population 186
    Population Growth (5Y) -15.5%
    Median Household Income $53,750
    College Educated 26.7%

    High-Yield Neighborhoods for Investment

    Identify Carthage submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    57323 $185K

    Taxes & Financing

    Tax Rate (average for all types) 2.10%
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

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    Most Searched ZIP Codes in Carthage, SD

    • 57323

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