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Cabaret Steakhouse and Lounge 120 Main St 3,288 SF Retail Building Carthage, SD 57323 $185,000 ($56.27/SF)
Executive Summary
Exceptional opportunity to own a well-established restaurant and steakhouse in the well known town of Carthage. The Cabaret Restaurant & Steakhouse is a turn-key operation offering a fully equipped kitchen, dining area, bar, and event space. Known for its welcoming atmosphere and loyal customer base, this business is ready for new ownership. The property features ample indoor seating suitable for everyday dining, private events, and group gatherings. Guests can also enjoy the outdoor entertainment area, complete with a covered stage that is ideal for live music and special events. This is an excellent opportunity for an owner-operator or investor seeking an established business with strong community presence and growth potential.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,288 SF
Building Class
C
Year Built
1960
Price
$185,000
Price Per SF
$56.27
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.34 AC
Frontage
50’ on East Main Street
Amenities
- Signage
- Air Conditioning
- Smoke Detector
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 3261 | Improvements Assessment | $73,953 |
| Land Assessment | $3,780 | Total Assessment | $77,733 |
Property Taxes
Parcel Number
3261
Land Assessment
$3,780
Improvements Assessment
$73,953
Total Assessment
$77,733
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Cabaret Steakhouse and Lounge | 120 Main St