• 5302 51st Ave S, Suite B - Fargo, ND 58104
  • 701-566-7080
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$75,000
745 1/2 Sherman Street S
Leola, SD 57456
MLS# 4021928
1346 sqft
20250919_181854
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Property Description
Endless possibilities await with this commercial property in the heart of rhubarb capital of the world: Leola, South Dakota. Formerly a bar, this building is ready for your vision—whether you're dreaming of a café, retail shop, event space, office or hunting lodge. Its flexible floor plan and central location make a prime property for the ''community hub.'' This dream property for entrepreneurs ready to invest in a growing rural community. Solid structure, prime location, and small-town charm make this an investment worth exploring. *Being sold ''AS IS, WHERE IS.'' *Liquor and liquor license DO NOT transfer upon sale of property!!!!

Details
Maps
Contract Information
List Price/SqFt: 55.72
List Price: $75,000
Current Price: $75,000
Date Listed: 2025-09-23
Remarks
Directions: FROM ABERDEEN: US-281 N to SD-10 W, left on Sherman FROM BISMARCK: US-83 S to SD 10 E R on Sherman
Public Remarks: Endless possibilities await with this commercial property in the heart of rhubarb capital of the world: Leola, South Dakota. Formerly a bar, this building is ready for your vision—whether you're dreaming of a café, retail shop, event space, office or hunting lodge. Its flexible floor plan and central location make a prime property for the ''community hub.'' This dream property for entrepreneurs ready to invest in a growing rural community. Solid structure, prime location, and small-town charm make this an investment worth exploring. *Being sold ''AS IS, WHERE IS.'' *Liquor and liquor license DO NOT transfer upon sale of property!!!!
Location
Sub Area: Outlying Towns SD SE
Street Number: 745 1/2
Street Name: Sherman
Street Type: Street
Street Direction Sfx: S
Area: Outlying Towns SD
State: SD
Zip Code: 57456
County: McPherson
Legal, Tax and Other Information
Taxes: 1528
Tax Year: 2024
Specials Installment: 0
Specials Balance: 0
Pending Specials: No
Zoning: Commercial
Parcel ID: 6927
Legal Description: :LOTS 4 & 5, BLOCK 5, ORIGINAL PLAT, CITY OF LEOLA
General Property Information
Lot SqFt: 7000
Lot Acres: 0.161
Sub Type Details: Business and Building
Lot Dimensions: 50x140
Total Unfinished SqFt: 1224
Finished Above Grade SqFt: 122
Finished Below Grade SqFt: 1224
Accessibility Features: No
Fee: No
Property Sub Type: Commercial
Year Built: 1936
Total Finished SqFt: 1346
Utilities
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Trash Pickup - Public: 1
Business Type
Bar/Tavern/Lounge: 1
Office Space: 1
Professional Service: 1
Basement
Concrete: 1
Roof
Rubber: 1
Cooling
Central Air: 1
Wall/Window Unit(s): 1
Heating
Propane: 1
Architectural Style
Main Floor Unit: 1
Construction Materials
Brick: 1
Stone: 1
Stucco: 1
Levels
One: 1
Flooring
Carpet: 1
Hardwood: 1
Foundation
Block: 1
Concrete Perimeter: 1
Listing Terms
Cash: 1
Possession
Close Of Escrow: 1
Exterior Features
Courtyard: 1
Fencing
None: 1
Electric
220 Volts: 1
Patio And Porch Features
Other: 1
Lot Features
Rectangular Lot: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Parking Features
Alley Access: 1
On Street: 1
Road Frontage Type
City Street: 1
Road Surface Type
Asphalt: 1
Included
Ceiling Fan(s): 1
Cooktop: 1
Exhaust Fan/Hood: 1
Freezer: 1
Microwave: 1
Propane Tank - Owned: 1
Refrigerator: 1
Status Change Info
Status: Active
Property Features
Business Type: Bar/Tavern/Lounge; Office Space; Professional Service
Cooling: Central Air; Wall/Window Unit(s)
Heating: Propane
Construction Materials: Brick; Stone; Stucco
Roof: Rubber
Architectural Style: Main Floor Unit
Levels: One
Flooring: Carpet; Hardwood
Foundation: Block; Concrete Perimeter
Basement: Concrete
Exterior Features: Courtyard
Fencing: None
Electric: 220 Volts
Water Source: Public
Sewer: Public Sewer
Utilities: Electricity Connected; Sewer Connected; Water Connected; Trash Pickup - Public
Included: Ceiling Fan(s); Cooktop; Exhaust Fan/Hood; Freezer; Microwave; Propane Tank - Owned; Refrigerator
Road Frontage Type: City Street
Road Surface Type: Asphalt
Listing Terms: Cash
Possession: Close Of Escrow
Lot Features: Rectangular Lot
Parking Features: Alley Access; On Street
Patio And Porch Features: Other
Listing Office: CENTURY 21 Morrison Realty

Last Updated: October - 13 - 2025

Information deemed reliable but not guaranteed.

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