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    Westfield, IA Akron, SD Burbank, SD Beresford, SD Vermillion, SD Jefferson, SD Adelanto, CA Sioux City, IA
    Multi-Unit Building with Restaurant
    Updated: Jun 18
    Multi-Unit Building with Restaurant

    103 E Main, Elk Point, SD 57025

    $515,000
    4 rental units plus included liquor license
    Main floor restaurant rents for $1,500 per month
    Basement rents for $475 per month; stoves and refrigerators stay
    Two additional apartments rent for $1,000 per month and $800 per month
    Central air cooling and forced air heating
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, 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 Elk Point, 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.

    Former Bank Drive-Through Facility
    Former Bank Drive-Through Facility

    2401 Hamilton Blvd, Sioux City, IA 51104

    $725,000
    2,538 sqft 0.32 AC lot

    Former bank building on Hamilton Blvd with an existing drive-through and flexible open interior space.

    View details
    Turnkey Two-Unit Leased Commercial Building
    Turnkey Two-Unit Leased Commercial Building

    1923 Pierce Street, Sioux City, IA 51104

    $550,000
    0.09 AC lot

    Two fully leased commercial spaces on Pierce Street, including a nightclub with five years remaining on its lease.

    View details
    Corner Bar and Casino Opportunity
    Corner Bar and Casino Opportunity

    23 E Cherry Street, Vermillion, SD 57069

    $299,900
    0.44 AC lot

    Corner lot property currently operating as a bar and casino, formerly a gas station, in a commercial zone.

    View details
    Turnkey Tea Shop with Equipment
    Turnkey Tea Shop with Equipment

    408 Bower, Vermillion, SD 57069

    $49,900

    Leased tea shop location offered with all equipment included for a turnkey setup.

    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.

    General Business Zoned Commercial Land
    General Business Zoned Commercial Land

    2001 Jack Nicklaus Dr., Elk Point, SD 57025

    $87,352
    0.51 AC lot

    Commercial lot zoned GB with visibility from Main Street in Elk Point, SD.

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    Downtown Retail Storefront Space
    Downtown Retail Storefront Space

    130 Nebraska St, Suite A, Sioux City, IA 51101

    Contact for pricing
    2.08 AC lot

    Ground-floor storefront for customization, with ownership offering up to buildout funds for qualified tenants on a minimum five-year lease.

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    Pender, NE Land Opportunity
    Pender, NE Land Opportunity

    604 4th Street, Pender, NE 68047

    Contact for pricing
    37,500 sqft

    Land available in Leadership Certified Community Designation in Nebraska.

    View details
    General Commercial Lot at Intersection
    General Commercial Lot at Intersection

    500 N Heritage Pkwy, Tea, SD 57064

    $220,000
    0.68 AC lot

    General commercial lot at the intersection of Heritage Parkway and Kevin Drive in Tea, SD, across from multiple retail and service uses.

    View details

    Elk Point, SD Restaurants Market Trends and Statistics

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

    Sale prices for restaurant properties in Elk Point, SD average $515,000 — 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

    Conventional restaurants 1

    Demographics Overview

    Population 3,165
    Population Growth (5Y) +6.0%
    Median Household Income $88,466
    College Educated 41.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    57025 $382.5K

    Taxes & Financing

    Tax Rate (average for all types) 1.49%
    Property Tax per SF $21.39 per SF
    Tax Rate vs County Average 0.22 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Union County

    New Delisted

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