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    New Underwood, SD
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    New Underwood, SD Restaurants for Sale

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    Box Elder, SD Caputa, SD Rapid City, SD
    Turnkey Restaurant and Bar
    Updated: May 29
    Turnkey Restaurant and Bar

    415 S A Ave, New Underwood, SD 57761

    $1,100,000
    4,380 sqft
    Restaurant and bar fully remodeled in 2024 with a 24x72 addition
    Brand‑new heating and air conditioning units installed in 2024
    Commercial kitchen is fully equipped and maintained in pristine condition
    12x60 outdoor patio with seating and a gas fire pit
    Rear game room features darts, shuffleboard, and a golf simulator
    View details
    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 New Underwood, 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.

    Hill City Restaurant Building For Sale
    Hill City Restaurant Building For Sale

    158 Museum Drive, Hill City, SD 57745

    $1,445,000
    9,045 sqft · 0.41 AC lot

    9,045 sqft restaurant building with parking on 0.41 acres.

    View details
    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.

    View details
    Remodeled Restaurant Building For Sale
    Remodeled Restaurant Building For Sale

    23858 Hwy 385, Hill City, SD

    $899,000
    4,960 sqft · 1.62 AC lot

    Remodeled restaurant with outdoor patio near Black Hills attractions.

    View details
    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.

    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 in Rapid City
    Commercial Land in Rapid City

    1025 Endeavour, Rapid City, SD 57703

    $250,000
    0.96 AC lot

    Commercial lot in a high-traffic retail corridor near hotels.

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    Prime Development Land Opportunity
    Prime Development Land Opportunity

    TBD Elk Vale Road, Rapid City, SD 57703

    $5,800,000
    24.95 AC lot

    High-traffic, high-visibility land for commercial development in Rapid City.

    View details
    Corner Lot with Completed Parking
    Corner Lot with Completed Parking

    Outfitter Road, Rapid City, SD 57701

    $539,000
    1.77 AC lot

    Corner retail land site with completed parking on part of the lot and documented traffic counts.

    View details
    Commercial Land Near Rushmore Crossing
    Commercial Land Near Rushmore Crossing

    1424 Luna Avenue, Rapid City, SD 57701

    $799,000
    3.50 AC lot

    3.5 acre commercial lot in thriving Rapid City district.

    View details

    New Underwood, SD Restaurants Market Trends and Statistics

    Explore 1 restaurants for sale in New Underwood, SD on our real estate platform. These investment opportunities span a total of 4,380 square feet of properties for sale, with an estimated market value of $1,100,000.

    Sale prices for restaurant properties in New Underwood, SD start at $1,100,000, averaging $1,100,000, and reaching up to $1,100,000 — 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 1,274
    Population Growth (5Y) -12.6%
    Median Household Income $101,042
    College Educated 36.9%

    Taxes & Financing

    Tax Rate (average for all types) 1.56%
    Property Tax per SF $31.98 per SF
    Tax Rate vs County Average 0.18 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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