205 N Main St - Restaurant FOR SALE


Plankinton, SD 57368 | 
$239,000 USD
605-770-2303

NO PHOTO

$239,000 USD
Restaurant - FOR SALE
null | Request Cap Rate

205 N Main St
Plankinton, SD 57368


HIGHLIGHTS

  • Established downtown business with a long-standing community presence.
  • Includes restaurant, bar, and entertainment areas under one roof.
  • Second-floor apartment provides additional operational flexibility.
  • Liquor license in place, supporting continued food, beverage, and entertainment operations.
  • Sale includes existing furniture, fixtures, equipment, and inventory for a streamlined ownership transition.

OVERVIEW

Positioned along Main Street in downtown Plankinton, this established commercial property presents an opportunity to acquire a long-standing hospitality asset with multiple income-generating components. The property has operated as a local bar and grill and benefits from a recognizable presence within the community, offering immediate operational potential for an owner-user or investor seeking an established business location. The building includes restaurant, bar, and entertainment areas designed to accommodate daily operations as well as community gatherings and special events. A second-floor apartment provides an additional occupancy component that can support on-site management, employee housing, or supplemental income. The property's layout has been expanded over time, including a rear addition that increases operational flexibility and customer capacity. Plankinton is located directly off Interstate 90, one of the region's primary east-west transportation corridors, providing access to travelers, residents, and businesses moving throughout South Dakota. The property's downtown location places it within the city's established commercial district and within convenient reach of surrounding agricultural and regional employment activity. Its visibility along Main Street supports continued customer engagement while providing a foundation for future business growth. For buyers seeking an operating hospitality property with an established presence, multiple functional areas, and potential for continued business evolution, this asset offers a combination of existing infrastructure, community recognition, and downtown positioning.

FOR SALE DETAILS

PRICE

$239,000 USD

PRICE/SF

$61 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Plank Inn Bar & Grill

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

3801

ASK ABOUT THIS PROPERTY

Pamela BathkeAce RealtyMore Info
605-770-2303

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

Pamela BathkeAce RealtyMore Info
605-770-2303

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