103 Main StElk Point, SD 57025

For Sale
$425,000

Downtown Elk Point, SD - Turnkey Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional Elk Point, SD offering encompasses two adjacent properties totaling 5,200 square feet on West Main Street. The package includes 103 W Main, a charming building featuring 1,600 square feet of ground-floor retail space ideal for a shop or office, complete with two restrooms and two income-generating second-story apartments. Adjacent 105 W Main is a fully equipped, turnkey restaurant ready for immediate operation. This 3,600-square-foot establishment boasts three dining areas with seating for over 100 patrons, a welcoming bar, two restrooms, a spacious prep and storage area, and a fully functional kitchen. The sale also includes a Union County Liquor License and all furniture, fixtures, and equipment (FF&E). Built in 1900, this combined property presents a unique investment opportunity in the heart of downtown Elk Point. Individual sale prices are available: $175,000 for 103 W Main and $350,000 for 105 W Main. The asking price for the combined property is $425,000. This prime location maximizes street frontage, offering significant potential for a thriving business.

Highlights

  • Asking price: $425,000 for two parcels totaling 5,200 square feet of retail space in downtown Elk Point, SD.
  • Property consists of two buildings: a 1,600 SF retail space with two second-story apartments, and a 3,600 SF turnkey restaurant with a liquor license and FF&E.
  • Located at 103 & 105 W Main Street, Elk Point, SD 57025.
  • Restaurant building features three dining areas (100+ capacity), bar, kitchen, and ample storage.
  • Individual building purchase options available: $175,000 for 103 W Main St. and $350,000 for 105 W Main St.

Property Details for 103 Main St

Property type
Other retail properties, Restaurants
Square Feet
5,200 SF
Year Built
1900
Buildings
2

Location Insight

City
Elk Point
County
Union
State
South Dakota
Latitude
42.6865108
Longitude
-96.6848431
103 Main St, Elk Point, South Dakota

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103 Main St
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