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    Tea, SD
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    Tea, SD Restaurants for Sale

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    Sioux Falls, SD Harrisburg, SD Hartford, SD
    Restaurant and Retail Ready Property
    Updated: Sep 4, 2025
    Restaurant and Retail Ready Property

    215 S Main Ave, Tea, SD

    $1,249,000
    10,545 sqft · 0.45 AC lot
    Walk‑in cooler (8x10)
    Walk‑in freezer (8x10)
    Spacious dry storeroom (24x12)
    Walk‑in beer cooler with 8 tap lines
    Double stacked Blodgett convection oven included
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    This listing looks promising.

    Here's a quick look at some key insights for

    215 S Main Ave, Tea, SD

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    • Est. Cap Rate

      8.8%
      Above avg (5.9%)

    • Est. NOI

      $110K
      Annual

    • Price @ 7% Cap

      $1.58M
      Above asking
    View Property Analytics
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Tea, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

    Live/Work Zoned Office Building
    Live/Work Zoned Office Building

    5101 S Nevada Ave, Sioux Falls, SD 57108

    $5,547,000
    21,788 sqft · 1.73 AC lot

    A 21,788 RSF office building on 1.73 acres, positioned for an owner-occupant strategy under LW live/work zoning.

    View details
    Established Restaurant and Lounge For Sale
    Established Restaurant and Lounge For Sale

    1407 NW 2nd St, Madison, SD

    $599,900
    8,900 sqft · 2.34 AC lot

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

    View details
    Retail Condominium Units For Sale
    Retail Condominium Units For Sale

    3601 W 57th St, Sioux Falls, SD

    $3,960,000
    15,924 sqft · 0.36 AC lot

    Three retail condominium units for sale in Sioux Falls.

    View details
    Highway Frontage Redevelopment Opportunity
    Highway Frontage Redevelopment Opportunity

    514 S Washington Ave, Madison, SD 57042

    $325,000
    1.18 AC lot

    1.18-acre highway frontage property suitable for redevelopment.

    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 Lot in Growing Tea
    Commercial Lot in Growing Tea

    500 N Heritage Pkwy, Tea, SD 57064

    $220,000
    0.68 AC lot

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

    View details
    Prime Main Street Commercial Land
    Prime Main Street Commercial Land

    4th St, Dell Rapids, SD 57022

    $99,000
    0.32 AC lot

    Build-ready lot in thriving Dell Rapids commercial corridor.

    View details
    General Business Visibility Lot
    General Business Visibility Lot

    2001 Jack Nicklaus Dr., Elk Point, SD 57025

    $87,352
    0.51 AC lot

    A 0.51-acre General Business-zoned lot with visibility from Main Street, well suited for a variety of commercial uses.

    View details
    Commercial Land Ready for Development
    Commercial Land Ready for Development

    910 East Spruce Street, Mitchell, SD 57301

    $350,000

    Shovel-ready commercial land suitable for various business ventures.

    View details

    Off-Market Properties in Tea, SD

    Consider similar Off-Market properties in Tea, 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.

    Venture St
    Strip malls

    0 Venture St, Tea, SD 57064

    Value Estimation by Request
    View details

    Tea, SD Restaurants Market Trends and Statistics

    Explore 2 restaurants for sale in Tea, SD on our real estate platform. These investment opportunities span a total of 10,545 square feet of properties for sale, with an estimated market value of $1,249,000.

    Sale prices for restaurant properties in Tea, SD start at $1,249,000, averaging $1,249,000, and reaching up to $1,249,000 — 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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    Demographics Overview

    Population 7,619
    Population Growth (5Y) +19.2%
    Median Household Income $104,351
    College Educated 50.2%

    Taxes & Financing

    Tax Rate (average for all types) 1.89%
    Property Tax per SF $31.09 per SF
    Tax Rate vs County Average 0.16 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lincoln County

    New Delisted

    Total CRE Inventory on Market (SF)

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