Sioux Falls Retail for Sale

Northern Tool + Equipment is an industry leader, offering a wide selection of products, from consumer goods to industrial and construction equipment. With over 120 store locations across more than 20 states, Northern Tool has a strong retail presence in the U.S. Northern Tool reaches an even wider audience through year-round catalog offerings, a website packed with over 100,000 tools, curbside store pickup, and nationwide delivery. Sioux Falls is the most populous city in the state of South Dakota and is the county seat of Minnehaha County. The city’s population sits at approximately 225,000 people. In 2025, the city’s population grew by 2.3 percent, which aligns with the city’s long-term growth rate.

Property Subtype:

Freestanding

Date on Market:

2026-03-02

Howard Retail for Sale

Fortis Net Lease is pleased to present this 9,026 SF. Dollar General store located in Howard, South Dakota. The property is secured with an Absolute NNN Lease leaving zero landlord responsibilities, with 6.5 years remaining on the primary term. The lease contains a 3% rental rate increases at year 11 and 10% increases at each of the 4 (5 year) options to renew. The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade. The store has open & successfully operating since September 2017. This Dollar General is highly visible as it is strategically positioned on the corner of 435th Avenue & 233rd Street seeing 2,746 cars per day. The 10 mile population from the site is 1,787 and the 3 mile average household income is $54,631 per year, making this location ideal for a Dollar General. The store is the only dollar store serving the community with no competition within 18 miles! The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation’s top dollar store. List price reflects a 7.35% cap rate based on NOI of $79,128. Instate Broker of Record: Brian Brockman | Bang Realty

Date on Market:

2026-02-18

Viborg Retail for Sale

DOLLAR GENERAL - TBD N Main St, Viborg, SD 57070 Welcome to an exclusive investment opportunity featuring a newly developed Dollar General located in the heart of Viborg, SD. With a tantalizing price tag of $2,147,385 and a solid 6.5% CAP rate, this property promises an attractive return on investment. This 10,640 square foot Dollar General sits on a prime 2.07-acre corner lot along N Main St, the main thoroughfare in Viborg. Boasting an absolute NNN lease, this investment demands zero landlord responsibilities and offers a guaranteed income stream. With a robust corporate guaranty from Dollar General Corporation backed by an S&P credit rating of BBB, investors can rest assured of the tenant's financial stability. Don't miss the chance to secure this lucrative asset with a location that attracts steady daily foot traffic, situated directly across from the Pioneer Memorial Hospital. Act now to capitalize on a rare opportunity to own a cornerstone retail property in a market with limited competition.

Property Subtype:

Bank

Date on Market:

2026-02-18

Rapid City Retail for Sale

High-visibility, income-producing retail investment located on Haines Avenue just south of Interstate 90 in Rapid City, SD. This 121,440 SF property sits on 9.03 acres at a signalized corner with traffic counts exceeding 35,000 vehicles per day, offering exceptional access and exposure along a primary north–south corridor. The asset is anchored by established national tenants NAPA Auto Parts and Planet Fitness, both operating under new 12-year NNN leases with renewal options, providing stable, long-term cash flow. Recent capital improvements (2024–2025) include interior renovations, updated lighting, exterior paint, and parking lot resurfacing. Offered at a 7.50% Year One cap rate, this property presents a strong passive investment opportunity in the Black Hills’ primary regional trade hub.

Property Subtype:

Freestanding

Date on Market:

2026-02-14

Chamberlain Retail for Sale

Bang Realty-Dakotas Inc is proud to present the opportunity to acquire a single-tenant Dollar General located at 100 N Main St, Chamberlain, South Dakota. The property was constructed in 2020 and features a ±9,527 square foot building situated on a oversized ±0.22-acre parcel along Main Street in downtown Chamberlain, offering strong visibility and exposure to approximately 11,948 vehicles per day The asset is leased to Dollar General on a Rare NN+ basis (Dollar General Responsible for Full HVAC Maintenance & Replacements), providing truly passive ownership with minimal landlord responsibilities. The lease has approximately ±4.5 years of remaining term and includes Four (5) five-year renewal options with 10% rental increases at each option period. The current annual rent of $69,688 produces a 7.75% cap rate at the offering price, making this an attractive blend of yield and long-term stability. Dollar General, a publicly traded Fortune 500 company (NYSE: DG) with an S&P investment-grade credit rating of BBB, continues to expand its national footprint, reinforcing the long-term viability of the tenancy

Property Subtype:

Storefront

Date on Market:

2026-02-13

Mitchell Retail for Sale

Welcome to the heart of downtown Mitchell. Across from the Worlds Only Corn Palace that generates nearly 500,000 visitors awaits this astonishing property. This building has been remodeled featuring a bright open space and a commercial kitchen. With over 8900 sq. feet, start your next business adventure or continue the current business. Prime location with city parking lots and Main St parking.

Date on Market:

2026-02-10

White River Retail for Sale

Broker of Record Brian Brockman License # 14075 (SD) Matthews Real Estate Investment Services, Inc 2939 Vernon Place, Cincinnati, OH 45219 (866) 889-0550

Date on Market:

2026-02-09

Spearfish Retail for Sale

5-unit commercial building with overhead doors/ shop space/office space 100% Leased Excellent opportunity to acquire a commercial shop/office building located in Spearfish, South Dakota. This well-maintained property features five commercial units, all currently leased, offering immediate and stable cash flow from day one. Designed for functionality and flexibility, the building includes a mix of shop and office space with overhead doors, making it attractive to a wide range of commercial tenants. The property offers easy access, ample parking, and a convenient layout ideal for service, trade, or professional users. Investors have the rare opportunity to purchase this building individually or in combination with the neighboring storage unit business, creating a larger income-producing portfolio with operational efficiencies and long-term upside. A turnkey, low-maintenance commercial investment in a strong Spearfish location-perfect for investors seeking simple ownership, steady income, and future growth potential.

Property Subtype:

Storefront Retail/Office

Date on Market:

2026-02-01

Deadwood Retail for Sale

Listed by Daneen Jacquot Kulmala South Dakota Properties 605-484-7832 & Steve Kulmala South Dakota Properties 605-484-8501. If you are looking for an awesome investment property, look no further!! Six beautiful cabins in a great location, near Deadwood, Trails and lakes! These cabins stay busy year-round!! New well for Cabins 4, 5, 6 – $100,000. UV water filtration system for Cabins 1, 2, 3 – $12,000. Deck stairs for Cabins 2 and 3 – $5,000. Safety railings for Cabins 1, 3, 6 – $20,000+. New sofas in all cabins – $15,000. New gas ranges – $2,400. New dishwashers – $1,500. New shower installation – $1,500. New front doors – $2,100. New patio doors – $4,400. New windows – $1,500. New refrigerators – $3,400. Septic electrical repair – $3,000. Plumbing upgrades – $8,000. New hot water heaters Call today for your personal showing!! Contact Daneen Jacquot Kulmala South Dakota Properties 605-484-7832 & Steve Kulmala South Dakota Properties 605-484-8501 for showings. Legal- LOT 16 EX LOT H1 (.04AC) OF HES 13718-004-04 PLAT BK4 PG126 - LOT 15 EXLOT H1 (.02AC)OF HES137 18-004-04PLAT BK4 PG126 - LOT 14 EX LOT H1(.02AC) OF HES 137 18-004-04 PLATBK2 PG80 LOT 13 EX LOT H1(.01AC) OF HES 137 18-004-04 PLATBK4 PG126 - LOT 12 EXLOT H1 (.01AC) OF HES 137 18-004-04PLAT BK2 PG80 Business name: Cole Cabins

Date on Market:

2025-12-18

Whitewood Retail for Sale

Prime Investment Opportunity — Own Whitewood’s #1 Restaurant & Bar with On-Site Casino Entertainment Now is your chance to acquireWhitewood’s go-to restaurant and bar with on-site casino gaming, a well-established, turn-key operation ideally positioned just off the Interstateexit in a high-traffic, high-visibility location. This 8,424 sq. ft. establishment sits on .89 acres with ample parking and is fully equipped forcontinued success. Features include a full bar with liquor and malt beverage license, complete commercial kitchen, fireplace, 6x10 walk-incooler, 11x11 walk-in freezer, restrooms, and a spacious outdoor deck perfect for dining and gatherings. Guests enjoy built-in entertainment with2 pool tables, a dart machine, and 3 lottery/slot machines, reinforcing its strong bar and casino appeal. The property also includes a massiveattached shop with two oversized bay doors, offering added flexibility for operations, storage, or future expansion. An exceptional opportunityfor an owner-operator or investor seeking a high-visibility, fully equipped restaurant, bar, and casino with a strong local presence and provenappeal. Note: Flexible purchase options available — please reach out to discuss Contract for Deed or Lease-to-Own options. Listed by JefferyChristians, Real Broker LLC | 605-920-0425

Property Subtype:

Restaurant

Date on Market:

2025-11-26

Hill City Retail for Sale

BUMPIN BUFFALO Restaurant and Bar Includes Real Estate and an extra lot at 240 Pine Ave

Property Subtype:

Restaurant

Date on Market:

2025-10-22

Sioux Falls Retail for Sale

Colliers International is proud to present the Arby’s restaurant site on Cliff Avenue in Sioux Falls, South Dakota. Arby’s has been at this location since its construction in 1995 and currently operates under a 20-year lease with approximately 18 years remaining term. This is an absolute net-leased property (Absolute NNN) with no landlord responsibilities for property taxes, utilities, maintenance or roof/structure. Rental income is set at a base amount, with percentage rent being applied above a specified gross sales figure as an efficient hedge against inflation. The franchisee on-site is DRM, Inc., one of the largest Arby’s operators in the country with over 110 locations nationwide. Arby’s has a long and successful track record at this site since 1995. It benefits greatly from its strategic location along the on and off ramps of Interstate 90, along with its positioning within the industrial core of north Sioux Falls. The neighboring blue-collar workforce has limited options in the immediate vicinity, providing a competitive advantage for this location. There are 2.7 million square feet of industrial space within a 1-mile radius of the Arby’s site, with 43,000 square feet under construction and a vacancy rate below one percent, providing a stable customer base for local retailers.

Property Subtype:

Fast Food

Date on Market:

2025-10-20

Sioux Falls Retail for Sale

Colliers International is proud to present the Arby’s restaurant site on Minnesota Avenue in Sioux Falls, South Dakota. Arby’s has been at this location since its construction in 2011 and currently operates under a 20-year lease with approximately 18 years remaining term. This is an absolute net-leased property (Absolute NNN) with no landlord responsibilities for property taxes, utilities, maintenance or roof/structure. Rental income is set at a base amount, with percentage rent being applied above a specified gross sales figure as an efficient hedge against inflation. The franchisee on-site is DRM, Inc., one of the largest Arby’s operators in the country with over 110 locations nationwide. Arby’s has a long and successful track record at this site since 2011. It benefits greatly from its strategic location along the on and off ramps of Interstate 229, along with its positioning on Minnesota Avenue which has the highest traffic counts among North/South Avenues in south Sioux Falls. The immediate area is home to numerous national retailers including Costco, Hy-Vee Grocery, Hardee’s, McDonalds, At Home Furniture, Planet Fitness, and more.

Date on Market:

2025-10-20

Whitewood Retail for Sale

Very large building located on Laurel Avenue in Whitewood. This building has long term tenants A&J Supply, the local hardware and ag supply store, and A&J Clothing, a supplier of western and work wear including Levi's, Red Wing, Carhart and others. A mix of retail, storage, warehouse and shop space includes a large parking lot in front of the building and yard space behind the building. The two businesses located in the building are also for sale, this is your chance to own one or two profitable businesses AND the real estate to operate them. Sale of the building is contingent upon the sale of A&J Supply and A&J Clothing.

Date on Market:

2025-08-18

Hermosa Retail for Sale

Excellent HWY 79 exposure! This 2005 building is situated to maximize nearly 300 ft of highway frontage on 2 acres just south of RapidCity in the heart of the growing town of Hermosa. The current owner successfully utillizes the building as a retail storefront with highly visible signage and plenty of parking. Building could easily be separated into 2-3 separate spaces for mixed use with opportunity to expand into additional uses on the remaining acreage. Well built structure located adjacent to truck stop and drive-in movie theater(currently for sale). Take a tour of this one-of-a-kind property to explore your business vision!

Date on Market:

2025-08-07

Sturgis Retail for Sale

This 25' wide, 2802 sq. ft. main floor retail and office building is located in the first block of Main Street in the heart of the Sturgis Motorcycle Rally and the Sturgis downtown business district. Many updates, improvements and remodeling have been done to this building. Interior features tall ceilings with new LED lighting, open Grid and Slot walls for merchandise displaying, extra outlets throughout, commercial flooring, ceiling fans, two bathrooms and one w/ shower, large office area plus an additional room with loft. The full basement has a concrete floor, several rooms, open for easy access to utilities and 2250 sq. ft. of usable space. Exterior updates include 3 double all glass front doors, awnings, signage area, lighting and a new sidewalk. New commercial rubber roof was installed in fall of 2023. The back of the building has paved off street parking for 2-4 vehicles, new paint & stain, concrete alley access with two rear entrances and lighting. This prime location for year around business, motorcycle rally vending and annual events like the Sturgis Mustang Rally, plus others that make this a good income and investment property. Currently used as a Retail Supply outlet, and for Rally Rental in August.

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-04-04

Summit Retail for Sale

New Construction | Build-to-Suit Dollar General. 14 Years Remaining on 15-Year Absolute Triple Net (NNN) Lease; Passive Investment Offering a Long-Term Security of Cash Flow. Rental Increases of 10% In Each Option Period. Tenant Renewal Options: Five (5) Periods of Five (5) Years, Each bringing the Potential Lease Term Remaining to 40 Years. Corporate Location | Corporate Guarantee.

Property Subtype:

Storefront

Date on Market:

2023-11-01

Pierre Retail for Sale

Property Subtype:

Freestanding

Date on Market:

2026-03-03

Lead Retail for Sale

The Stampmill Inn and Shot in the Dark Saloon is an award-winning (BEST American food restaurant in Lawrence County in 2025—highestGoogle rated), full-service restaurant and saloon in downtown Lead, South Dakota. On the main floor of this 10,800 sq ft building is the restaurant, saloon, 2 bathrooms and a newly expanded and remodeled kitchen in 2024. A full liquor license comes with this business, which is valued at $100,000. The full-service restaurant seats 60, and an additional 40 when the patio is open. The food trailer accommodates the expanded food and beverage demand when the high-demand patio is open. In fact, the 2023 food trailer almost doubles the kitchen capacity when open. , On the 2nd floor is the boutique Victorian inn comprised of 2, two-room suites with full baths, along with a full laundry and small kitchen. They are unique in that they have a separate entrance to the suites. The Sanford Underground Laboratory (SURF) is gearing up and has created short-term, medium-term, and long-term housing demand. The inn has been able to accommodate different housing support of the scientific researchers’ needs. The 3rd floor is wide-open for the new buyer to create their own vision. This floor has 8 rooms ready for development along with some electricity already installed.

Property Subtype:

Restaurant

Date on Market:

2026-02-17

Brandon Retail for Sale

A purpose-built event and catering facility is for sale, offering a flexible commercial layout and a proven history of successful operations. Located between eastern Sioux Falls and Rowena, SD, the site benefits from continued residential and commercial development on the east side of Sioux Falls. The property is positioned near the Arrowhead Parkway and Veterans Parkway corridor, with major transportation investments underway including the Arrowhead & Veterans Parkway Intersection improvements and the Future Veterans Parkway Connection. These upgrades are designed to reduce congestion, improve traffic flow, and enhance regional connectivity, supporting long-term growth throughout the east side market. Floor plan offers a large open showroom with men’s and women’s restrooms and direct access to a spacious outdoor patio. Features existing kitchen infrastructure including a walk-in cooler and freezer, chef’s restroom with a shower, utility room with washer & dryer, direct connection to a two-stall garage, and three private offices.

Date on Market:

2026-02-13

Sioux Falls Retail for Sale

Property Subtype:

Fast Food

Date on Market:

2026-01-29

Castlewood Retail for Sale

Turnkey Convenience Store Opportunity

Property Subtype:

Convenience

Date on Market:

2026-01-22

Garretson Retail for Sale

Property Subtype:

Storefront Retail/Office

Date on Market:

2026-01-07

Miller Retail for Sale

Here is your chance to own a true main street legacy in Miller, SD! Polly Shoe Store has served generations of loyal customers since 1956—many traveling 60+ miles to shop trusted name-brand footwear, and experience the personal service this iconic business is known for. Perfectly located along Hwy 45, it offers excellent visibility, steady foot traffic, and exposure to drive consistent sales. The business is offered turn-key and is housed in a building that has recently undergone extensive updates—including new central propane heat and air conditioning, a fully replaced roof system (standing seam metal roof plus an EPDM rubber roof with a 20-year warranty), corrected roof pitch for proper drainage, and upgraded electrical and plumbing. Above the store is a fully remodeled 2-bedroom apartment with a separate entrance—ideal for an owner-operator or additional rental income. The apartment features a fun vintage aesthetic with ribbed divider walls, an efficient layout, and a fully functional retro kitchen. (You will appreciate the unique pop-out stovetop and oven that holds temperature and bakes beautifully.) There is also a large rooftop area accessed just off of kitchen that may be perfect for a custom-built patio (buyer to verify requirements for personal or rental use). **Owner may consider selling the current business without the building. Whether you’re looking to continue a beloved retail history, live above your business, or add rental income to the mix—this opportunity has so much to offer! Own the tradition. Grow the future. Welcome to Polly Shoe Store.

Date on Market:

2025-12-31