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Hill City, SD

Restaurants

Hill City, SD Restaurants for Sale

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Keystone, SD Rapid City, SD Custer, SD

Hill City Restaurant Building For Sale

Updated: Jan 26

Hill City Restaurant Building For Sale

158 Museum Drive, Hill City, SD 57745

$1,445,000

9,045 sqft · 0.41 AC lot

High‑traffic location on Main St. in historic Hill City, SD, appealing to both locals and tourists.
Substantial 9,045 sqft building with 3 levels, offering versatile usage possibilities (dining, events, storage).
Includes a custom‑built Italian pizza oven with upgraded safety features.
Recent upgrades: new metal roof (2024), remodeled in 2018, and updated mechanical systems (water heaters, cooler condensers).
Equipped with a large kitchen space, walk‑in coolers, and an Ansul system.

This listing looks promising.

Here's a quick look at some key insights for

158 Museum Drive, Hill City, SD 57745

View Property Analytics

Est. Cap Rate

7.9%
Above avg (5.9%)
Est. NOI

$115K
Annual
Mortgage

$550K
Recorded
Property Type

Restaurant
Built 2002

View Property Analytics

Remodeled Restaurant Building For Sale

Updated: Aug 16, 2024

Remodeled Restaurant Building For Sale

23858 Hwy 385, Hill City, SD

$899,000

4,960 sqft · 1.62 AC lot

Location boasts a proven track record of $800,000+ in gross sales operating seasonally.
Turn‑key kitchen with all equipment included.
Restaurant building completely remodeled in 2018.
Large, central bar ideal for a tap house or wine bar.
Enjoy the shaded outdoor patio with beautiful views of the Black Hills.

Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 2 Active listings in Hill City, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 12 Off-Market properties to explore as potential leads, 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.

Multi-Use Downtown Commercial Building

Multi-Use Downtown Commercial Building

406 5th St, Rapid City, SD 57701

$1,399,900

13,197 sqft

Multi-tenant downtown property on 5th St with strong daily traffic and flexible space for restaurants, retail, office, or entertainment.

Established Bakery & Cafe For Sale

Established Bakery & Cafe For Sale

541 Mount Rushmore Rd, Custer, SD 57730

$1,400,000

4,225 sqft

Profitable bakery and cafe with apartment in high-traffic Custer location.

Established Restaurant with Living Quarters

Established Restaurant with Living Quarters

541 MT RUSHMORE RD, Custer, SD 57730

$1,400,000

4,225 sqft

Profitable restaurant with apartment in high-traffic tourist area.

Retail/Office Space with Black Hills Views

Retail/Office Space with Black Hills Views

7201 Mt. Rushmore Road, Rapid City, SD 57702

Contact for pricing

3,315 sqft · 3.37 AC lot

Multi-unit retail and office spaces with planned improvements and outdoor seating.

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 in Downtown Custer

Commercial Land in Downtown Custer

TBD Mt. Rushmore Road, Custer, SD 57730

$299,000

0.34 AC lot

High-visibility commercial lots in downtown Custer, ready to build.

Downtown Corner Commercial Land

Downtown Corner Commercial Land

Mt. Rushmore Road, Custer, SD 57730

$299,000

0.34 AC lot

Two build-ready city lots offer frontage on Mt Rushmore Road at a high-traffic intersection in downtown Custer.

Custer Land on Highway 16

Custer Land on Highway 16

631 W Mt. Rushmore Road, Custer, SD 57730

$390,000

0.56 AC lot

Commercial land with high visibility on US Highway 16.

Commercial Development Corner Lot

Commercial Development Corner Lot

Stumer Road, Rapid City, SD 57701

$574,992

1.11 AC lot

1.11-acre corner site with General Commercial zoning for retail, restaurant, office, or service development.

Off-Market Properties in Hill City, SD

Consider similar Off-Market properties in Hill City, SD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

22631 Rochford Rd

BAR, TAVERN

22631 Rochford Rd, Hill City, SD 57745-6007

Value Estimation by Request

1,715 sqft · 0.06 AC lot

RESTAURANT

158 Museum Dr, Hill City, SD 57745

Value Estimation by Request

4,573 sqft · 0.42 AC lot

DRIVE-THRU RESTAURANT, FAST FOOD

317 Main St, Hill City, SD 57745

Value Estimation by Request

2,549 sqft · 0.19 AC lot

RESTAURANT

209 Main St, Hill City, SD 57745

Value Estimation by Request

2,340 sqft · 0.12 AC lot

RESTAURANT

148 Main St, Hill City, SD 57745

Value Estimation by Request

1,264 sqft · 0.13 AC lot

RESTAURANT

281 Main St, Hill City, SD 57745

Value Estimation by Request

1,120 sqft · 0.04 AC lot

RESTAURANT

133 Main St, Hill City, SD 57745-5106

Value Estimation by Request

4,746 sqft · 0.25 AC lot

RESTAURANT

301 Main St, Hill City, SD 57745-8909

Value Estimation by Request

2,448 sqft · 0.15 AC lot

BAR, TAVERN

240 Main St, Hill City, SD 57745

Value Estimation by Request

3,900 sqft · 0.19 AC lot

DRIVE-THRU RESTAURANT, FAST FOOD

23828 Hwy 385, Hill City, SD 57745-6517

Value Estimation by Request

288 sqft · 3.08 AC lot

RESTAURANT

12620 Hwy 244, Hill City, SD 57745-8902

Value Estimation by Request

2,982 sqft · 5.12 AC lot

850 Chute Rooster Dr

RESTAURANT

850 Chute Rooster Dr, Hill City, SD 57745-4202

Value Estimation by Request

4,856 sqft · 1.71 AC lot

Hill City, SD Restaurants Market Trends and Statistics

Explore 14 restaurants for sale in Hill City, SD on our real estate platform. These investment opportunities span a total of 14,005 square feet of properties for sale, with an estimated market value of $2,344,000.

Sale prices for restaurant properties in Hill City, SD start at $899,000, averaging $1,172,000, and reaching up to $1,445,000 — 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

Demographics Overview

Population 1,784

Population Growth (5Y) -20.4%

Median Household Income $90,089

College Educated 43.6%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
57745	$1.4M

Taxes & Financing

Tax Rate (average for all types) 1.61%

Property Tax per SF $24.61 per SF

Tax Rate vs County Average 0.23 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Pennington County

New Delisted

Total CRE Inventory on Market (SF)

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