Sioux Falls Commercial Real Estate

Income

Roadside Convenience Store

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24100 464th Avenue
Chester, SD

Space Available: 2,416 sq. ft.

For Sale: $199,000 plus inventory

Property Description

  • Convenience store with two gas pumps, a car wash and Laundromat just south of Chester at the intersection of Lake County Highways 15 and 51 near Lake Brandt and Lake Madison.
  • Business offers video rentals, pizzas, soft serve ice cream, and other fried foods, as well as South Dakota Lottery.
  • Additional equipment on site for a bait shop set-up.
  • All equipment included.
  • Inventory with an estimated value of $30,000 - $40,000 to be sold separately.
  • NOI of $34,259.
  • 17% Cap Rate with all paid staff - excellent opportunity for full-time owner/operator to improve on current income.
  • Located approximately six miles south of Lake Brandt.
  • Financial information provided to qualified buyers upon request.

Brokers

Mike Hauck

Mike Hauck joined NAI Sioux Falls after seventeen years of private legal practice in Sioux Falls. Mike works with all types of properties and business opportunities, and he looks forward to utilizing his contact base and legal experience to assist you with your real estate needs.