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PRICE REDUCED! Restaurant/Retail Bldg on US 81

Listed by Chris Close


Property Description: PRICE REDUCED TO $699,000 FROM $725,000! This former Bonanza Restaurant building is a prime commercial location on US 81 in Yankton, SD. This restaurant is ideally outfitted to house a new restaurant concept or can be remodeled into a retail location. Tall ceilings through out provide a spacious atmosphere to suit your restaurant or retail needs. Enjoy prime frontage along the US 81/Broadway Avenue corridor, along with ample parking, easy access and high traffic counts. Numerous opportunities exist to revive this location with your business concept.

Listing Details

mls: 4889931
CC File #: 1466
Address: 2403 Broadway Ave (US 81)
City: YAnkton
State: SD
Zip: 57078
Zoning: B2 - Highway Business District
PID#: 78-235-000-004
Legal Description: Lot 4, Flakes Addition
Lot Size : Sq.Ft.: 40,000
Lot Dimensions: 200' x 200'
Building Size : Total Sq. Ft.: 5,394
Building Size : Main Level Sq. Ft.: 5,394
Sale Price: $699,000.00
Original Price: $725,000.00
Price Note: PRICE REDUCED TO $699,000 FROM $725,000! (Price Includes Land & Building)

Directions: From the Missouri River bridge - go approx. 2 miles north on US 81 (Broadway Ave) - Restaurant site will be on the left (west)in front of the Calvary Church
Property Features & Assets: FF&E: Furniture, Fixtures & Equipment located at the property and utilized by the former restaurant is available for purchase - See Agent for a detailed list and price. Walk-In Freezer: 15'-8" x 7'-9" (Original to building - wear parts have been replaced over time). Walk-In Cooler: 12'-9" x 7'-9" (Original to building - wear parts have been replaced over time).

Property Features

Water: City
Sewer: City
Heating: Natural Gas Forced Air
Cooling: Central Air - 6 Electric Roof-Top Units
Electric : Amps: 3 (400-Amp) Panels
Lighting: Fluorescent
Year Built: 1978
Year Remodeled: Interior has been completely remodeled/refurbished several times
Construction: Wood Frame & Concrete Block
Foundation: Concrete
Roof: Asphalt Shingles & Flat Rubber Membrane
Exterior: Lap Siding, Concrete Stucco & Cedar Shake Detail
Traffic Counts: 18,001 on US 81
Other: Seating Capacity = 225
Property Tax Year: 2018
Annual Property Tax: $6,071.60
Ceiling Height: 18' (North Half) & 9' (South Half)
Floor Drains: 8
Bathrooms: 1 Women's Room, 1 Men's Room and 1 Private Staff Restroom
Indoor Sprinkling: No General Building Sprinklers, Ansul Fire Systems on Exhaust Hoods
Security: Yes
High-Speed Internet: Yes (MIDCO Communications)
Parking Spaces: 65+ Paved Asphalt Spaces
Road Frontage: 200' along Broadway Ave / US 81
Neighboring Businesses: Nearby businesses include CorTrust Bank, Calvary Baptist Church, Slumberland, McDonalds, Northlander Plaza, Classic Car Wash, Clark Gas Station, Yankton Mall, Perkins, Bomgaars, Unclaimed Freight, Ace Hardware, Great Western Bank, Days Inn, Mead Lumber, Wendy's, Fox Run Plaza, plus numerous others.
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Information provided by members of Greater Lakes Association of Realtors. Copyright 2009 Greater Lakes Multiple Listings Service. All rights reserved. Information is deemed reliable but not guaranteed.