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500 Main St - The New Frontier 1,840 SF Specialty Building Offered at $497,500 at a 15.00% Cap Rate in Webster, SD 57274
Executive Summary
Do not miss this rare opportunity to own a well-established, profitable, turnkey restaurant and lounge, located in one of Northeast South Dakota’s fastest-growing hunting and fishing communities. Known for its welcoming and family-friendly atmosphere, this business has built a loyal customer base and a strong reputation over the past five years.
Business Highlights
• Fully operational, turnkey business with consistent growth
• All inventory included: food, alcohol, soda, and supplies
• Seating capacity for up to 64 guests
Building & Equipment The entire building was renovated in 2021; major updates are new rubber roof, electrical panel, plumbing, sidewalk, water heaters, storage addition, and many other updates.
Complete interior remodel including:
• New tables and chairs
• Prep cooler and prep tables
• Beer cooler and kegerator
• Freezers and refrigerator
• Storage shelving
Location & Community The restaurant is in a thriving small-town hub that supports both local and visitor traffic, with two major highways. The community includes hotels, multiple gas stations, a pharmacy, grocery store, numerous rentals, three major bank branches, a Dollar Store, lumber yards, boutiques, and many others. The town is centrally located between Aberdeen and Watertown, providing steady regional exposure.
This is an ideal opportunity for an owner-operator or investor seeking a proven business with strong local support and future growth potential.
***Financials are available with signed NDA. Schedule and send offers directly to:
Kristi – 605-216-6347 / akgaik91@gmail.com
Aaron – 605-881-0821 / akgaik72@gmail.com
Agents and buyers verify all information and measurements.
Property Facts
| Price | $497,500 | Property Type | Specialty |
| Price Per SF | $270.38 | Building Size | 1,840 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 15.00% | Year Built/Renovated | 1900/2021 |
| Sale Condition | Business Value Included | ||
| Zoning | C - Commercial (C) | ||
| Price | $497,500 |
| Price Per SF | $270.38 |
| Sale Type | Investment or Owner User |
| Cap Rate | 15.00% |
| Sale Condition | Business Value Included |
| Property Type | Specialty |
| Building Size | 1,840 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1900/2021 |
| Zoning | C - Commercial (C) |
Amenities
- Signage
- Air Conditioning
- Fiber Optic Internet
About 500 MAIN ST , WEBSTER, SD 57274
Building and Business FOR SALE Turnkey Restaurant & Lounge Opportunity – Northeast South Dakota Do not miss this rare opportunity to own a well-established, profitable, turnkey restaurant and lounge, located in one of Northeast South Dakota’s fastest-growing hunting and fishing communities. Known for its welcoming and family-friendly atmosphere, this business has built a loyal customer base and a strong reputation over the past five years. Business Highlights • Fully operational, turnkey business with consistent growth • All inventory included: food, alcohol, soda, and supplies • Seating capacity for up to 64 guests • Corner lot with plenty of parking, as well as additional adjacent parking lot Building & Equipment The entire building was renovated in 2021; major updates are new rubber roof, electrical panel, plumbing, sidewalk, water heaters, storage addition, and many other updates. Complete interior remodel including: • New tables and chairs (Spring 2025) • Prep cooler (spring 2025) and prep tables • Beer cooler (2025) and kegerator (2025) • Freezers (2021, 2020, 2023) and refrigerator (2020) • Storage shelving (2021 & 2022) • Hot water heater (2024 & 2025) Location & Community The restaurant is in a thriving small-town hub that supports both local and visitor traffic, with two major highways. The community includes hotels, multiple gas stations, a pharmacy, grocery store, numerous rentals, three major bank branches, a Dollar Store, lumber yards, boutiques, and many others. The town is centrally located between Aberdeen and Watertown, providing steady regional exposure. This is an ideal opportunity for an owner-operator or investor seeking a proven business with strong local support and future growth potential.
Property Taxes
| Parcel Number | 78.01.0407 | Improvements Assessment | $76,904 |
| Land Assessment | $4,129 | Total Assessment | $81,033 |
Property Taxes
Presented by
Referral Realty
500 Main St - The New Frontier
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