Skip To Content

305 W Main Street

Lead, SD 57754
  • $1,290,000
  • STATUS: Active
  • ON SITE: 13 Days
  • MLS #: 87333
$1,290,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1897
Area:

School Ratings & Info

Description

The Stampmill Inn and Shot in the Dark Saloon is an award-winning (BEST American food restaurant in Lawrence County in 2025—highest Google 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.

Monthly Payment Calculator



© 2026 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Will Dixon Real Estate at Keller Williams Realty Black Hills. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Will Dixon Real Estate at Keller Williams Realty Black Hills are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Data last updated: 2026-02-15T23:44:41.46.
www.willdixonrealestate.com/homes/172651464
Print Image

305 W Main Street Lead, SD 57754

  • Price: $1,290,000
  • Status: Active
  • On Site: 13 Days
  • MLS #: 87333
0
Beds
0
Baths
0
½ Baths
0.2
Acres
1897
Built
Neighborhood:
Lead
Area:
Lead
Property Description
The Stampmill Inn and Shot in the Dark Saloon is an award-winning (BEST American food restaurant in Lawrence County in 2025—highest Google 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.
Exterior Features

Construction BlockBrickOther Parking Street ParkingOther (See Remarks) Road Surface Concrete

Interior Features

Approx Building Sq Ft 10800 Basement Substructure Full BasementWalkoutCompletely FinishedStone Foundation Cooling Refrig. C/Air Heating Natural GasForced AirRadiant Ceiling

Property Features

Auction YN No Commercial Property Type Business/Land/Building(s) Documents On File Business LicenseEasementsLiquor LicenseSurvey Extras FireplaceFurnishedHi-Traffic LocationHigh VisibilityKitchen AreaLaundryLounge/BarLandscapedLoading DockRestaurantRestroomsStorageWindow Coverings For Sale Or Rent For Sale Number Of Building Levels 4 Number Of Employees 6 - 10 Occupant Owner Owner Non Compete Yes Owner Salary Expenses Yes Possession ImmediateNegotiable Short Sale No Subdivision YN No Terms CashNew Loan Type Lot Other Utilities Sewer City (At Site) Will Divide No

[Mount Rushmore Area Association of Realtors] logoListing information © 2026 Mount Rushmore Area Association of REALTORS®., Inc
Listing provided courtesy of Christle Beuckens of Hegg Realtors, Deadwood: 605-578-1466.



© 2026 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Will Dixon Real Estate at Keller Williams Realty Black Hills. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Will Dixon Real Estate at Keller Williams Realty Black Hills are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Data last updated: 2026-02-15T23:44:41.46.
 
https://bt-photos.global.ssl.fastly.net/mtrushmore/orig_boomver_1_87333-2.jpg https://bt-photos.global.ssl.fastly.net/mtrushmore/orig_boomver_1_87333-2.jpg https://bt-photos.global.ssl.fastly.net/mtrushmore/orig_boomver_1_87333-2.jpg
Logo
Will Dixon Real Estate at Keller Williams Realty Black Hills
2401 West Main Street
Rapid City SD, 57702