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26435193
26435206

215 S Main Ave, Tea, SD 57064

Lloyd Companies
AM
SD 16000, SD
Lloyd Companies
Listed by Lloyd Companies
$1,249,000
291 days on market
Updated 47 days ago

Tea Restaurant & Casino

Details
Property Type Retail
Sub Type Bar, Restaurant
Square Footage 10,545
Occupancy 100%
Tenancy Single
Year Built 1974
Year Renovated 2008
Parking Spaces spaces
Investment Type Owner/User

Tea Restaurant & Casino w/ Outparcel Parking | Investment Opportunity

Marketing description

Lloyd Commercial Real Estate presents a turnkey restaurant and casino property for sale on Main Avenue in Tea, South Dakota. This 10,545 SF building features a full-service bar, casino, dining areas, event space, and outdoor patio, along with an additional outparcel dedicated to parking. Located next to the Tea Athletic Complex and on the same block as the American Legion and City of Tea Volleyball Courts, the property benefits from steady community traffic and partnerships that bring energy to the site. With a transferrable casino license, ample parking, and strong ties to local events, this property is positioned as a unique investment opportunity.

Investment highlights

  • 10,545 SF restaurant & casino building on a 0.46-acre site

  • Features a full-service bar, operable casino, spacious dining areas, a separate pool table room, an event room, outdoor patio, and a separate storage shed

  • Other outdoor amenities, like the volleyball courts and the gazebo with a beer bar, are operated in partnership with the American Legion and the City of Tea

  • FF&E package available (kitchen equipment, coolers, beer taps, ovens, fryers, etc.)

  • Parking includes surface stalls along Main Street, parallel parking on W. 2nd Street, or additional outparcel parking

  • Additional 0.22-acre outparcel for extra parking included in the sale price

  • Strong community ties through athletic complex, events, and local sports

  • Transferrable casino license

Listing Contacts

Lloyd Companies
AM
SD 16000, SD
Lloyd Companies
Listed by Lloyd Companies

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