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    Salem, SD
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    Salem, SD Restaurants for Sale

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    Bridgewater, SD Humboldt, SD Canistota, SD
    Bar and Grill Entertainment Space
    $250,000
    2.56 Acres
    Bar and Grill Entertainment Space

    630 E Ruton Ave, Salem, SD 57058

    Bar and grill with gaming zone in prime location.
    • Frame construction bar and grill entertainment space built in 1991
    • Expansive reception/dining area for large gatherings and events
    • Gaming zone includes dartboards and arcade games
    • Large kitchen area with a huge cooler and ample storage for smooth operations
    • Central heating and central air conditioning
    Updated: May 1
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    Turnkey Restaurant/Coffee Shop Opportunity
    $130,000
    1,610 SF
    Turnkey Restaurant/Coffee Shop Opportunity

    116 E Vermont Ave, Salem, SD

    Turnkey restaurant/coffee shop with character, charm, and outdoor seating.
    • Turnkey opportunity, fully equipped and ready for business.
    • Full kitchen with stainless steel prep areas, triple sink, and cold storage.
    • Unique space with original hardwood floors and a stunning tin ceiling.
    • Ideal setup for a coffee shop, bakery, or café.
    • Warm front‑end design with built‑in booths and a fireplace.
    Updated: Aug 18, 2025
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Salem, 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.

    Established Restaurant and Lounge For Sale
    $649,900
    8,900 SF
    Established Restaurant and Lounge For Sale

    Restaurant and lounge with meeting and banquet rooms available for sale.

    1407 NW 2nd St, Madison, SD

    View details
    Retail and Restaurant Opportunity
    $1,230,000
    2,560 SF
    Retail and Restaurant Opportunity

    Retail store, restaurant, and office space available for lease.

    N Main St, Mitchell, SD

    View details
    Downtown Mitchell Commercial Space Available
    $1,295,000
    8,988 SF
    Downtown Mitchell Commercial Space Available

    Remodeled commercial building with open space and commercial kitchen.

    615 N Main St, Mitchell, SD 57301

    View details
    Highway Frontage Redevelopment Opportunity
    $325,000
    1.18 Acres
    Highway Frontage Redevelopment Opportunity

    1.18-acre highway frontage property suitable for redevelopment.

    514 S Washington Ave, Madison, SD 57042

    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 Ready for Development
    $350,000
    Commercial Land Ready for Development

    Shovel-ready commercial land suitable for various business ventures.

    910 East Spruce Street, Mitchell, SD 57301

    View details
    Commercial Lot in Growing Tea
    $220,000
    0.68 Acres
    Commercial Lot in Growing Tea

    High-visibility commercial lot in a high-growth Sioux Falls metro area.

    500 N Heritage Pkwy, Tea, SD 57064

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    Prime Main Street Commercial Land
    $99,000
    0.32 Acres
    Prime Main Street Commercial Land

    Build-ready lot in thriving Dell Rapids commercial corridor.

    4th St, Dell Rapids, SD 57022

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    General Business Zoned Development Lot
    $87,352
    0.51 Acres
    General Business Zoned Development Lot

    A 0.51-acre general business lot with strong Main Street visibility for a wide range of commercial uses.

    2001 Jack Nicklaus Dr., Elk Point, SD 57025

    View details

    Salem, SD Restaurants Investment Opportunities Market Analysis

    Explore 2 restaurants for sale in Salem, SD on our real estate platform. These investment opportunities span a total of 1,610 square feet of properties for sale, with an estimated market value of $130,000.

    Sale prices for restaurant properties in Salem, SD start at $130,000, averaging $130,000, and reaching up to $130,000 — 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
    Coffee shops 1
    Turn key restaurants 1

    Demographics Overview

    Population 1,792
    Population Growth (5Y) -12.5%
    Median Household Income $79,119
    College Educated 34.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    57058 $250K

    Taxes & Financing

    Tax Rate (average for all types) 1.67%
    Property Tax per SF $31.54 per SF
    Tax Rate vs County Average 0.07 pp above county avg
    Average Loan-to-Value 65.0%

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