Unique downtown De Smet commercial opportunity featuring an operating bar & restaurant with multiple income-producing residential units above. This historic multi-use property offers a fully functioning bar/lounge setup with spacious dining areas, commercial kitchen, large event/social space, and established street-front presence in the heart of town.The main level includes a bar area, restaurant seating, commercial cooking line with hood system, prep and storage areas, and a large open gathering space ideal for events, live music, gaming, or expanded dining. Existing business operation provides immediate potential for continued use or future redevelopment concepts.Upstairs features four separate apartment/living spaces with multiple bedroom configurations, shared and private living areas, kitchens, bathrooms, and laundry access -- offering flexibility for rental income, employee housing, owner occupancy, Airbnb potential, or long-term tenants.Property showcases classic historic character with stone exterior, prominent downtown frontage, and strong visibility. Endless possibilities for investors, entrepreneurs, hospitality operators, or those seeking a live/work commercial property in a thriving small-town community.Sale includes building and existing commercial setup. Square footage and room dimensions to be verified by buyer.