Philip, SD Restaurants for sale

Updated: Oct 9, 2025

Turnkey Restaurant Space with Seating

106 N Center Ave, Philip, SD 57567

$300,000

1,380 sqft

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

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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.

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.

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Turnkey Restaurant Building with Parking

2315 MT RUSHMORE RD, Rapid City, SD 57701

Contact for pricing

11,085 sqft

Turnkey full-service restaurant building with commercial kitchen, bar, dining, bakery production, and paved parking.

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Restaurant and Bar Property

245 MAIN, Hill City, SD 57745

$1,450,150

For-sale restaurant and bar property in Hill City, SD.

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Remodeled Restaurant Building For Sale

23858 Hwy 385, Hill City, SD

Contact for pricing

4,960 sqft 1.62 AC lot

Remodeled restaurant with outdoor patio near Black Hills attractions.

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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.

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.

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Rapid City Commercial Development Land

621 E Mall Dr, Rapid City, SD 57701

$1,875,885

7.23 AC lot

7.23-acre commercial development land with utilities in active retail area.

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Retail Site on Haines Avenue

2440 Haines Avenue, Rapid City, SD 57701

$220,000

0.51 AC lot

Prime retail location with high visibility and traffic.

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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.

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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.