17500 Hwy 34 - Storefront FOR SALE


Enning, SD 57737
$549,900 USD
605-381-1087
17500 Hwy 34, Enning, SD for Sale
$549,900 USD
Storefront - FOR SALE
1/38
null | 12.83% Cap Rate

17500 Hwy 34
Enning, SD 57737


HIGHLIGHTS

  • Store is a staple of the community and offers an array of revenue streams.
  • Convenience Store & Grocery; Restaurant & Bar
  • Spacious and Inviting; The Mercantile was newly built in 2016, offering a generous 3,465 sq. ft. of space.
  • Includes a 14x70, 3-bedroom home, fully furnished for the new owner/manager or rental income.

OVERVIEW

Incredible Business Opportunity Awaits You! Seize the chance to own the local hotspot—Nellie's Mercantile & Saloon! This thriving hometownbar, restaurant, and store is a staple of the community and offers an array of revenue streams. About Nellie's Mercantile & Saloon: ConvenienceStore & Grocery: Fully equipped and ready for business. US Post Office: Secure a stable income with a 10-year lease. Restaurant: Full kitchenwith a grill, stove, 2 freezers, 2 refrigerators, and 3 sinks. Bar: Spacious and inviting, featuring chairs, stools, TV, and karaoke. Originallyestablished in the 1950s as Enning Store, The Mercantile was newly built in 2016, offering a generous 3,465 sq. ft. of space. Included with theProperty: 2005 Cavalier Manufactured Home: A 14x70, 3-bedroom home, fully furnished for the new owner/manager. HighlightedFeatures:10x19 walk-in cooler 9x10 walk-in freezer, New well installed in 2015, New septic system installed in 2017, 6 electric hookups forcamping sites, Building wired for video lottery machines. Expansion Opportunities: Capitalize on Sturgis Rally traffic and electric car poweringstations. All inventory is included in this sale, presenting a truly turnkey business opportunity. Don't miss out on this unique chance town abeloved local establishment with endless potential for growth and expansion. After over 10 years of successfully running this business, theowner has decided to retire.

FOR SALE DETAILS

PRICE

$549,900 USD

PRICE/SF

$159 USD /SF

CAP RATE

12.83%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Nellie's Mercantile & Saloon

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Bar, Convenience Store, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.32 AC

LAND SF

57,499 SF

ZONING

-

APN/PARCEL ID

73.09.335

ASK ABOUT THIS PROPERTY

Jason RichardsThe Real Estate Center of SpearfishMore Info
605-381-1087

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Jason RichardsThe Real Estate Center of SpearfishMore Info
605-381-1087

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.