Restaurants

Leola, SD Restaurants for Sale

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Forbes, ND Aberdeen, SD Ipswich, SD Hosmer, SD Mina, SD
Mixed-Use Grocery and Café Property
Updated: Aug 6
Mixed-Use Grocery and Café Property

11498 363rd Ave, Leola, SD 57456

$250,000
4,191 sqft 2.88 AC lot
2.88‑acre site at the intersection of SD State Highways 10 and 45
4,191‑square‑foot building constructed in 2012
Grocery operation plus café, dining room, bar, and commercial kitchen
24 door cooler/freezers, five compressors, shelving, and kitchen equipment included
Two drive‑through highway exits with parking for vehicles and semi‑trailers
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Grocery Store and Cafe Property
Updated: Aug 7
Grocery Store and Cafe Property

11498 363rd Ave, Leola, SD 57456

Contact for pricing
4,191 sqft 2.88 AC lot
4,191‑square‑foot building on 2.88 acres
Grocery store plus café, dining room, bar, and commercial kitchen
Built in 2012 with in‑floor heat, forced‑air propane heat, and central air
Intersection of SD State Highways 10 & 45 with two drive‑through exits
24‑door cooler/freezers, five compressors, shelving, and kitchen equipment included
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 6 Potential Opportunities for your consideration. Besides 2 Active listings in Leola, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Restaurant Building with Bar
Restaurant Building with Bar

301 2nd Avenue, Forbes, ND 58439

$100,000
3,024 sqft

Commercial zoning and existing food-service equipment are in place.

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Tenant-Occupied Mixed-Use Property
Tenant-Occupied Mixed-Use Property

1124 S Washington St, Aberdeen, SD 57401

$210,000
2,163 sqft

Commercial and residential property with off-street parking and an existing business tenant.

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Conventional Restaurant Building
Conventional Restaurant Building

301 2nd, Forbes, ND 58439

$100,000
3,024 sqft

Built in 2008 with restaurant equipment and an established bar configuration.

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Mixed-Use Building with Apartment
Mixed-Use Building with Apartment

1023 S Main Street, Aberdeen, SD 57401

Contact for pricing
3,504 sqft

Commercial space is paired with an income-producing two-bedroom apartment above.

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Leola, SD Restaurants Market Trends and Statistics

Explore 2 restaurants for sale in Leola, SD on our real estate platform. These investment opportunities span a total of 8,382 square feet of properties for sale, with an estimated market value of $250,000.

Sale prices for restaurant properties in Leola, SD average $250,000 — 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

Commercial kitchens 2
Conventional restaurants 2
Bars & Pubs 1

Demographics Overview

Population 638
Population Growth (5Y) -21.8%
Median Household Income $76,667
College Educated 39.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
57456 $250K

Taxes & Financing

Tax Rate (average for all types) 2.86%
Tax Rate vs County Average 0.36 pp above county avg
Average Loan-to-Value 65.0%

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