$265,000
Plankinton, SD 57368
MLS# 26-371
10650 sqft

1 / 37
Property Description
Established Main Street Bar & Grill with Apartment, Video Lottery & Expansion Potential! Seize the opportunity to own a well-established, bar and grill that has been a local landmark for decades in downtown Plankinton, South Dakota. Ideally situated on Main Street, this turnkey business is fully equipped and ready for its next owner, making it an excellent opportunity for an owner-operator
Details
Maps
Documents
Contract Information
Current Price: $265,000
Book Section: Commercial
Begin Date: 2026-08-07
Status: Active
List Price: $265,000
Directions: Take Plankinton Exit 308. Turn right onto Main street. In .7 miles, the property will be on your left.
Location Tax and Other Information
House Number: 205
Street Direction Pfx: N
Street Name: Main
Street Suffix: St
State/Province: SD
Postal Code: 57368
County: Aurora
Taxes: 1618.67
Tax Year: 2025
General Property Description
Total Finished SqFt.: 10650
Age: 1900
Realtor.COM Type: Commercial
Lot Size: 75' x 142'
Lot Acres: 0.24
Waterfront YN: No
Construction
Roof: Metal
Utilities
Heat Fuel: Electric
Heat Type: Heat Pump
Sewer: City
Water: City
Property Features
Foundation: Poured
Supplements
or investor.
The building offers 3,100 square feet on the main level, with an additional 840-square-foot, two-bedroom apartment on the second floor. The back addition was built in 2001 and expands the restaurant and entertainment space, creating a functional layout for both daily operations and special events. A dedicated video lottery room provides an additional revenue stream.
The spacious dining and lounge area features 34 ft. of bar space along with tables and booths. The building can accommodate approximately 100 guests. The sale includes restaurant furniture, fixtures, commercial kitchen equipment, and essential operating assets. On-sale liquor license, off-sale liquor license and on-sale/off-sale malt beverage license are all subject to transfer process and approval as identified by the State (see attached document).
Guests can also enjoy a generous 23' x 50' concrete patio, offering outstanding potential for outdoor dining, live music, community events, and seasonal entertainment.
The property also includes two adjoining vacant lots, providing room for expansion, additional parking, or future development. A large attached storage area and garage offer ample space for inventory, supplies, and equipment.
Whether you're looking to continue the legacy of a successful hometown establishment or bring your own vision to a thriving community gathering place, this property offers exceptional value, multiple income streams, and room to grow.
Seller is related to listing agent.
Listing Office: Ace Realty, LLC
Last Updated: August - 07 - 2026
Information deemed reliable but not guaranteed.
Alcohol License Tranfer Process
FF&E List