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20589137
20589138

5001 S Western Ave, Sioux Falls, SD 57108

RB
SD 11811
Lloyd Companies
Lloyd Companies
Listed by Lloyd Companies
$3,250,000
578 days on market
Updated 30 days ago

South Sioux Falls Restaurant

Details
Property Type Retail
Sub Type Bar, Restaurant
Square Footage 9,206
Occupancy 100%
Tenancy Single
Lease Type NNN
Class A
Year Built 2005
Acreage 1.386
Investment Type Stabilized
Ground Lease No
Sale Condition For sale by owner

Restaurant for Sale in Sioux Falls

Marketing description

A premier restaurant opportunity on Sioux Falls' thriving south side within The Bridges at 57th, one of the city's central shopping destinations with over 833,000 annual visits. The site benefits from a combined traffic count of 40,600 VPD at the 57th Street & Western Avenue intersection, with direct access to I-229, which carries more than 51,000 VPD. The surrounding area is supported by a strong mix of established retailers, professional services, and residential neighborhoods. In an area of above average disposable income. This 9,206 SF property is available for sale or lease and offers an adaptable layout. FF&E may be negotiated separately.

Investment highlights

  • 9,206 SF restaurant space with flexible layout

  • Built in 2005

  • Seating capacity: 350 indoor / 150 outdoor patio

  • Private casino room with a bar & fireplace

  • Bar comes with multiple lines on tap with glycol system

  • Liquor license available (price negotiable)

  • Versatile conference/party room

  • See marketing for full equipment list and floor plan details

  • 95+ dedicated parking stalls

  • Furniture, fixtures, and equipment (FF&E) shown in photos may not be included in the sale/lease; potential to negotiate

  • Within The Bridges at 57th St with prime 57th Street & Western Avenue frontage

    • Co-tenants include 3 Degrees, Egg on a Roll, Club Pilates, Flyboy Donuts, David Jones Fashion, Sanford Health, Scooter’s Coffee, shopdog Boutique, a nail salon, Queen City Balloon Bar, PB Thrift, and more

  • Combined traffic count of approximately 40,600 vehicles per day at the 57th & Western corner

  • Direct access to I-229 with traffic counts of approximately 51,578 vehicles per day

  • Surrounded by high-income residential growth

  • $32,035.20 (2023 Real Estate Taxes Payable in 2024)

Listing Contacts

RB
SD 11811
Lloyd Companies
Lloyd Companies
Listed by Lloyd Companies

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