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    Philip, SD
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    Philip, SD Restaurants for Sale

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    Turnkey Restaurant Space with Seating
    $300,000
    1,380 SF
    Turnkey Restaurant Space with Seating

    106 N Center Ave, Philip, SD 57567

    Fully equipped restaurant with updated dining and both indoor and outdoor seating, ready for immediate operation.
    • Fully equipped restaurant space with kitchen equipment included
    • Updated, freshly painted dining area
    • Includes both indoor and outdoor seating
    • Restaurant layout allows flexibility for different restaurant concepts
    Updated: Oct 9, 2025
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    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 1 Active listings in Philip, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 9 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.

    Hill City Restaurant Building For Sale
    $1,445,000
    9,045 SF
    Hill City Restaurant Building For Sale

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

    158 Museum Drive, Hill City, SD 57745

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    Remodeled Restaurant Building For Sale
    $899,000
    4,960 SF
    Remodeled Restaurant Building For Sale

    Remodeled restaurant with outdoor patio near Black Hills attractions.

    23858 Hwy 385, Hill City, SD

    View details
    Retail/Office Space with Black Hills Views
    Contact for pricing
    3,315 SF
    Retail/Office Space with Black Hills Views

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

    7201 Mt. Rushmore Road, Rapid City, SD 57702

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    Fully Equipped Restaurant For Sale
    $2,190,000
    6,497 SF
    Fully Equipped Restaurant For Sale

    Restaurant property available for sale or lease in Rapid City.

    620 E Disk Dr, Rapid City, SD 57701

    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
    $250,000
    0.96 Acres
    Commercial Land in Rapid City

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

    1025 Endeavour, Rapid City, SD 57703

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    Corner Lot with Completed Parking
    $539,000
    1.77 Acres
    Corner Lot with Completed Parking

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

    Outfitter Road, Rapid City, SD 57701

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    Prime Development Land Opportunity
    $5,800,000
    24.95 Acres
    Prime Development Land Opportunity

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

    TBD Elk Vale Road, Rapid City, SD 57703

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    Commercial Land Near Rushmore Crossing
    $799,000
    3.50 Acres
    Commercial Land Near Rushmore Crossing

    3.5 acre commercial lot in thriving Rapid City district.

    1424 Luna Avenue, Rapid City, SD 57701

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    Off-Market Properties in Philip, SD

    Consider similar Off-Market properties in Philip, 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.

    123 Us Hwy 14
    DRIVE-THRU RESTAURANT, FAST FOOD
    1,752 SF Lot: 0.80 Acres
    Value Estimation by Request

    123 Us Hwy 14, Philip, SD 57567-2103

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    22271 Lk Wagner Rd
    BAR, TAVERN
    1,600 SF
    Value Estimation by Request

    22271 Lk Wagner Rd, Philip, SD 57567

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    Philip, SD 57567
    DRIVE-THRU RESTAURANT, FAST FOOD
    1,360 SF
    Value Estimation by Request

    Philip, SD 57567

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    102 Ctr Ave
    BAR, TAVERN
    1,575 SF Lot: 0.07 Acres
    Value Estimation by Request

    102 Ctr Ave, Philip, SD 57567-7700

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    175 Ctr Ave
    RESTAURANT
    1,022 SF Lot: 0.07 Acres
    Value Estimation by Request

    175 Ctr Ave, Philip, SD 57567

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    106 Ctr Ave
    RESTAURANT
    1,540 SF Lot: 0.08 Acres
    Value Estimation by Request

    106 Ctr Ave, Philip, SD 57567

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    Philip, SD 57567
    RESTAURANT
    1,200 SF
    Value Estimation by Request

    Philip, SD 57567

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    Philip, SD 57567
    RESTAURANT
    1,104 SF Lot: 0.26 Acres
    Value Estimation by Request

    Philip, SD 57567

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    207 Railway St
    BAR, TAVERN
    1,012 SF Lot: 0.11 Acres
    Value Estimation by Request

    207 Railway St, Philip, SD 57567

    View details

    Philip, SD Restaurants Investment Opportunities Market Analysis

    Explore 10 restaurants for sale in Philip, SD on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $0.00.

    Sale prices for restaurant properties in Philip, SD start at $0.00, averaging $0.00, and reaching up to $0.00 — 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 1
    Conventional restaurants 1

    Demographics Overview

    Population 1,014
    Population Growth (5Y) -31.6%
    Median Household Income $55,542
    College Educated 18.1%

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