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    New Underwood, SD
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    New Underwood, SD Restaurants for Sale

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    Box Elder, SD Rapid City, SD Aberdeen, SD Hermosa, SD Piedmont, SD Summerset, SD
    Turnkey Restaurant and Bar
    Updated: Jun 27
    Turnkey Restaurant and Bar

    415 S A Ave, New Underwood, SD 57761

    $1,100,000
    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 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 7 Potential Opportunities for your consideration. Besides 1 Active listings in New Underwood, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 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.

    Freestanding Restaurant with Patio
    Freestanding Restaurant with Patio

    1331 E N St, Rapid City, SD 57703

    Contact for pricing
    6,000 sqft

    Equipped food-service facility includes a commercial kitchen, bar, dining room, and customer parking.

    View details
    Freestanding Former Hardee’s Restaurant
    Freestanding Former Hardee’s Restaurant

    2250 Haines Avenue, Rapid City, SD 57701

    Contact for pricing
    4,391 sqft 1.51 AC lot

    Commercial-corridor site includes on-site parking, convenient access, and a pylon sign.

    View details
    Established Pub with Commercial Kitchen
    Established Pub with Commercial Kitchen

    314 W Main St, Lead, SD 57754

    $924,950

    Operating pub with a transferable full on-sale liquor license, custom interior elements, and a fully equipped food-service area.

    View details
    Commercial
    Commercial

    21417 Us Hwy 14A, Lead, SD 57754

    $1,150,000

    Conventional restaurants

    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 Corner Lot
    Commercial Corner Lot

    Outfitter Road, Rapid City, SD 57701

    $539,000
    1.77 AC lot

    Corner land parcel with a completed parking lot across half of the site and nearby retail and restaurant operators.

    View details
    Corner Commercial Land
    Corner Commercial Land

    Stumer Road, Rapid City, SD 57701

    $574,992
    1.11 AC lot

    General Commercial zoning supports retail, restaurant, office, and service-oriented development.

    View details

    New Underwood, SD Restaurants Market Trends and Statistics

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

    Sale prices for restaurant properties in New Underwood, SD average $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%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    57761 $1.1M

    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%

    Total CRE Inventory on Market (SF)

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