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Improved Commercial Land for Sale in Leola, South Dakota

11498 363rd Ave, Leola, SD 57456

$299,000
2.88 acres
Active
$29k drop
Est $1,904/mo

The Leola SD Grocery Store and Cafe is a turnkey multi-use property with an active business that is well established. The building was built in 2012 at the intersection of SD State Highways 10 & 45 and sits on 2.88 acres on the edge of town. There is 4,191 square feet and the building is divided where one side is a full grocery and the other side has a Commercial Kitchen and Cafe/Dining Room/Bar with separate entrances. Both sides are run by the same owner supplying the area with breakfast and lunch and the only Grocery Store in a 20 mile radius. The building has in-floor heat, Forced Air Propane Heat and Central Air cooling. The exterior has metal clad siding and metal roof. There is ample parking for vehicles and semi trailers with two drive-through exits onto the highways. Everything to run the businesses is included - 24 door cooler/freezers and five compressors, all shelving, full kitchen and cafe equipment. Amenities included is an owner owned ATM machine, SD Lottery License for scratch tickets and Lottery, credit card machine and a city Malt Beverage & SD Wine License. Beside a large walk-in cooler and a walk-in freezer there is an office, a utility/mechanical room, compressor room, two dry storage rooms and two large ADA accessible restrooms. This is being sold Lock, Stock and Barrel. Everything to run the two businesses is included in the price - 3.88 acres at a prime intersection location, a 4,191 square foot building and its contents, except the inventory cost of grocery and cafe food supplies to be determined at closing.

4,191
Sq feet
2
1/2 baths
2012
Built

Location

Street address
11498 363rd Ave
Elevation
1,581 feet
Coordinates
45.723, -98.93

Property details

Acreage
2.88 acres
MLS #
MyStateMLS 11293568
Posted

Property taxes

Recent
$5,265

Parcels

  • 8838

Details and features

Listing

Type
Commercial Sale

Lot

View
City, Park

Exterior

Parking
Garage

Structure

Stories
1
Heating
Electric, Forced Air, Heat Pump
Cooling
Central Air
Roof
Metal

Interior

Rooms
Bathroom x 2
Flooring
Tile

Listing history

DateEventPriceChangeSource
July 7, 2025Price drop$299,000$29,000 -8.8%MyStateMLS
June 29, 2025Relisted$328,000MyStateMLS
June 27, 2025Listing removed$328,000Listing agent
June 29, 2024New listing$328,000MyStateMLS
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This 2.88-acre property is located at 11498 363rd Ave in Leola, SD 57456. The property is available for sale for $299,000. It has a 4,191 sq ft structure built in 2012.

Checked 1 hour ago — Updated

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