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    Salem, SD
    Restaurants

    Salem, SD Restaurants for Sale

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    Madison, SD Canistota, SD Humboldt, SD Bridgewater, SD Colton, SD Hartford, SD Wentworth, SD Alexandria, SD
    Gas Station with Multi-Use Space
    Updated: Aug 31
    Gas Station with Multi-Use Space

    241 N Nebraska St, Salem, SD 57058

    $500,000
    5,500 sqft 0.57 AC lot
    5,500‑square‑foot commercial building on 0.5682 acres
    Currently used for gas station and convenience store operations
    Interior includes café, senior meal service, lounge, casino, and vehicle storage functions
    Commercial zoning designation
    Masonry and metal siding construction completed in 1964
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    Bar and Entertainment Property
    Updated: May 1
    Bar and Entertainment Property

    630 E Ruton Ave, Salem, SD 57058

    $250,000
    2.56 AC lot
    Bar and grill property with reception, dining, gaming, and kitchen areas
    Dartboards and arcade games included in the entertainment area
    Large cooler provides on‑site cold storage
    2.559‑acre property at 630 E Ruton Ave, Salem, SD 57058
    Commercial General zoning with water available
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    Mixed-Use Commercial Building
    Mixed-Use Commercial Building

    241 N Nebraska St, Salem, SD 57058

    $500,000
    5,500 sqft

    Versatile commercial property combining retail, food service, lounge, gaming, and vehicle storage functions.

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    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 3 Active listings in Salem, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Drive-Thru Restaurant and Retail Buildings
    Drive-Thru Restaurant and Retail Buildings

    3820 W. 41st Street, Sioux Falls, SD 57106

    Contact for pricing
    5,261 sqft 1.03 AC lot

    Two leased retail buildings anchored by a drive-thru Arby’s plus a second street-level tenant on 1.03 acres.

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    Drive-Thru Coffee Shop Opportunity
    Drive-Thru Coffee Shop Opportunity

    1730 East 10th Street, Sioux Falls, SD 57103

    $800,000

    Vacant 2022-built drive-thru coffee shop zoned S-2/Form RE3 with a pylon sign and convenient I-229 access.

    View details
    Mixed-Use Bar, Restaurant and Convenience Store
    Mixed-Use Bar, Restaurant and Convenience Store

    407 Bill Davis Street, Egan, SD 57024

    Contact for pricing

    Combined hospitality, retail, and fuel operation with event space, commercial kitchen, and convenience-store amenities.

    View details
    Gas Station with Bar and Restaurant
    Gas Station with Bar and Restaurant

    407 Bill Davis St Hwy 34 St, Egan, SD 57024

    $650,000
    0.75 AC lot

    Combined fuel, convenience, dining, and beverage operation with outdoor event space.

    View details

    Salem, SD Restaurants Market Trends and Statistics

    Explore 3 restaurants for sale in Salem, SD, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 11,000 square feet of properties for sale, with an estimated market value of $1,250,000.

    Sale prices for restaurant properties in Salem, SD start at $250,000, averaging $416,666, and reaching up to $500,000 — 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

    Conventional restaurants 3
    Bars & Pubs 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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