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29202161
29202162

103 E Dakota St, Doland, SD 57436 For Sale

Dakota Convenience
Listed by Dakota Convenience
$700,000
186 days on market
Updated 62 days ago

Dakota Convenience Store

Details
Property Type Business for Sale, Retail
Sub Type Gas Station, Grocery Store (+1)
Square Footage 2,700
Pumps 4
Cap Rate 4.29%
NOI $30,000
Price per SqFt $259
Year Built 1997
Year Renovated 2024
Buildings 1
Stories 1
Lot Size (SqFt) 24,751
Zoning commercial
Investment Type Owner/User
Ownership Sub Chapter S
Sale Condition For sale by owner

Dakota Convenience Stores offer proven income potential and ROI

Marketing description

Dakota Convenience Store sits alongside US Hwy 212 in Doland SD near the crossroad with SD Hwy 37, situated in the finest pheasant hunting area in all of SD.

This turnkey property offers a lucrative investment opportunity with an asking price of $700,000 and a solid cap rate of 4.2%. Boasting a 2700 sq ft building and a spacious 24,751 sq ft lot, this convenience store features 2 new underground storage tanks totaling 24,000 gallons, ample parking, and easy access from the highway.

The fueling system, USTs, Dispensers, monitoring, electrical, were all replaced in 2024. Store now has 2 USTs, 12,000 gallons each. 4 product grades are dispensed, 2 gas and 2 diesel.

Over 8,000 sq ft of new concrete was poured during this fuel system upgrade.

The property's dual-income potential includes room for Video Lottery, and expansion possibilities like adding On Sale Malt Beverage sales. Its strategic location on the highly visible US Hwy 212 ensures steady traffic flow and customer visibility. With a strong cap rate and new upgrades such as electrical and tank monitoring systems, this commercial property is primed for success. Store has a full deli, Off Sale Beer and Liquor licenses, atm.

Don't miss out on the opportunity to own a profitable business in a prime location in Doland, South Dakota.

Listing Contacts

Dakota Convenience
Listed by Dakota Convenience

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Loan Amount
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$30,000.00
$2,500.00/mo

Valuation Metrics

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DSCR
4.29%
Cap Rate
4.29%
ROI

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