105 N 3rd St, Beresford, SD 57004

Property Description

A rare opportunity to own a beautifully remodeled commercial property with additional rental income in the heart of Historic Downtown Beresford! Formerly home to the popular Kava Rose Restaurant, this unique property is filled with eclectic design, historic character, and rustic charm throughout! The extensively remodeled main level offers approximately 2,123 square feet of commercial space, featuring an impressive dining area with soaring 14-foot ceilings, beautiful wood flooring, and three gas fireplaces that create a warm and inviting atmosphere. The stunning historic and rustic bar area serves as a focal point, adding incredible character to this one-of-a-kind space! The spacious dining area measures approximately 18’ x 74’, offering endless possibilities for dining, entertaining, or a completely new business concept. The commercial kitchen measures approximately 20’ x 30’ and includes a walk-in freezer and walk-in cooler. And the best part? The inventory stays! Restaurant equipment, tables, coolers, freezers, and the historic rustic bar area are included, providing an incredible opportunity for someone looking to establish their own restaurant or hospitality business! The property also offers approximately 1,856 square feet of basement space, providing substantial additional storage and operational possibilities. But there’s more! The upper level features a spacious, loft-style one-bedroom, two-bathroom apartment complete with its own outdoor deck! Currently generating $850 per month in rental income, this additional living space provides an excellent opportunity to offset ownership expenses or accommodate an owner-occupant. Located directly on Beresford’s Historic Main Street, this versatile property offers incredible potential for a restaurant, retail establishment, office space, or other commercial ventures, subject to applicable zoning and approvals. The charm, the location, the included inventory, AND additional rental income make this a truly unique investment opportunity in downtown Beresford!