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    Salem, SD
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    Salem, SD Restaurants for Sale

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    Humboldt, SD Canistota, SD Madison, SD Wentworth, SD Colton, SD Hartford, SD
    Bar and Grill with Gaming Area
    Updated: May 1
    Bar and Grill with Gaming Area

    630 E Ruton Ave, Salem, SD 57058

    $250,000
    2.56 AC lot
    2.559‑acre lot with ample parking at 630 E Ruton Ave, Salem, SD
    Gaming zone with dartboards and arcade games
    Expansive reception and dining area for gatherings
    Large kitchen area with a huge cooler and storage
    Central heating and central air
    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 9 Potential Opportunities for your consideration. Besides 1 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.

    Bar and Restaurant
    Bar and Restaurant

    123 SW 1st St, Madison, SD 57042

    $378,500
    2,568 sqft 0.06 AC lot

    Frame-built bar and restaurant zoned Central Business with central heating, central air, and water available.

    View details
    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.

    View details
    Bar and Restaurant
    Bar and Restaurant

    123 SW FIRST ST, Madison, SD 57042

    Contact for pricing
    1,380 sqft

    Established bar and restaurant built in 1914 in Madison, SD, offered for sale.

    View details
    Drive-Thru Coffee Shop Opportunity
    Drive-Thru Coffee Shop Opportunity

    1730 East 10th Street, Sioux Falls, SD 57103

    Contact for pricing

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

    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
    Commercial Land Ready for Development

    910 East Spruce Street, Mitchell, SD 57301

    Contact for pricing

    Shovel-ready commercial land suitable for various business ventures.

    View details
    Commercial Land with Utilities
    Commercial Land with Utilities

    500 N Heritage Pkwy, Tea, SD 57064

    $220,000
    0.68 AC lot

    General Commercial zoning with public water and sewer and natural gas available on a commercial lot in Tea.

    View details
    Commercial Land Lot on Main Street
    Commercial Land Lot on Main Street

    4th St, Dell Rapids, SD 57022

    $79,900
    0.32 AC lot

    Build-ready commercial lot in Central Business zoning, fenced with chain-link, on a primary Dell Rapids corridor.

    View details
    General Business Zoned Commercial Land
    General Business Zoned Commercial Land

    2001 Jack Nicklaus Dr., Elk Point, SD 57025

    $87,352
    0.51 AC lot

    Commercial lot zoned GB with visibility from Main Street in Elk Point, SD.

    View details

    Salem, SD Restaurants Market Trends and Statistics

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

    Sale prices for restaurant properties in Salem, SD average $250,000 — 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

    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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