The New Frontier 500 Main St 1 840 pi² 100% Loué Commerce de détail Immeuble Webster, SD 57274 684 969 $ CAD (372,27 $ CAD/pi²) 9,55% Taux de capitalisation

Historic Building & Turnkey Steakhouse/Lounge for Sale in Northeast South Dakota’s Glacial Lakes Region
Continue the legacy of The New Frontier Steakhouse and Lounge, a well-established destination for quality entrees, gatherings, and hospitality in the heart of Northeast South Dakota’s Glacial Lakes area. Known by locals and visitors alike for its welcoming, family-friendly atmosphere, this updated and profitable turnkey restaurant and lounge offers a rare opportunity for new owners to step into a proven business with consistent growth and strong community support.
Business Highlights
• Fully operational, turnkey restaurant and lounge with consistent growth
• Operations supplies, inventory, food, and alcohol included
• Coveted liquor license in Webster City
• Seating capacity for up to 64 guests
• Corner-lot location with ample parking and easy entrance access
• Year-round visitor traffic supported by consistent local patronage
• Strong record of compliance with state regulations and safety requirements
Building & Equipment
The historic building was extensively renovated in 2021, combining character with important modern upgrades. Improvements include a new rubber roof, electrical panel, plumbing, sidewalk, water heaters, storage addition, and other key updates. The remodeled interior is designed for efficient restaurant and lounge operations and includes:
• New tables and chairs
• Prep cooler and prep tables
• Beer cooler and kegerator
• Freezers and refrigerator
• Storage shelving
Location & Community
Located in a thriving Northeast South Dakota community, the restaurant benefits from convenient access near two major highways and steady exposure to both residents and travelers. The surrounding area offers a strong mix of amenities, including hotels, multiple gas stations, a pharmacy, grocery store, rental properties, three major bank branches, a Dollar Store, lumber yards, boutiques, and more.
Perfectly positioned near several Glacial Lakes known for premium fishing and hunting, this location draws year-round traffic from locals, regional visitors, hunters, anglers, vacationers, and pass-through travelers.
Investment Opportunity
This offering is well suited for an owner-operator or investor seeking an established restaurant and lounge with updated facilities, immediate operating potential, strong local recognition, and room for continued growth.
Financial information is available with a signed NDA. For details, contact Charlotte at 605-229-9888.