106 South Chicago Hot Springs SD 57747

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Property Information
Price $899,900.00

MLS
#68573
Price
$899,900.00
Type
Business/Land/Building(s)
Area
Belle Fourche
Selling
Assets
Legal Ownership
C Corporation
Current Use
Hotel/Motel
Liquor License
No
Malt Beverage
No
Number of Acres
0.78
Lot Size
.78 ac
Total Bldg Sq Ft
13000
Building Levels
2
Year Built
1965

518 National Street, Belle Fourche

Turnkey business opportunity! Great Location!30 unit motel with living quarters (very nice) and many updated features. All furnishings will stay. Could be a made into wonderful apartments as well a variety of possibilities. There are approx. 9 single rooms and 20 double rooms and 1 suite. The seller has done the following recent improvements: Added electronic locks to most all doors, bathrooms have in-floor heating, 1 yr old 100 gallon gas hot water boiler system, most all light bulbs are LED, all new flooring in most all rooms only suite bedroom has carpet, most rooms have been re-painted, most all rooms have new high quality mattresses and new bed frames in the past 3 years, new tiled bathrooms. Seller will be upgrading stucco and making updates to the balconies flooring with new composite decking in July of 2021. Asphalt parking area was resealed in June 2021 and July of 2021 replaced 5 room AC units. Additional information: most all rooms have a microwave, coffee maker, hair dryer, and small fridge so tenants could have extended stays if needed. The culligan water softner is owned. Metal roof is approximately 15 yrs old. The pool area is functional but the seller is considering filling in the pool and adding personal parking for the managers quarters. Laundry facilities in the basement with 2 dryers and 1 washer. Seller is selling due to health issues and unable to manage the way he wants.

Contact Heartland Real Estate for more information at 605-745-6772
Listing Office: Black Hills Team, Agent: Bisgaard, Renee
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Address

106 South Chicago
Hot Springs, SD 57747

Phone

605-745-6772

Toll Free

877-208-6706