106 South Chicago Hot Springs SD 57747

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entire Black Hills region!

Property Information
Price $1,250,800.00

MLS
#73191
Price
$1,250,800.00
Type
CI Land
Area
Summerset
Selling
N/A
Legal Ownership
Limited Liability Company
Current Use
Other
Liquor License
No
Malt Beverage
No
Number of Acres
31.88
Lot Size
31.88 acres
Frontage
1,754 LF

TBD Recreational Drive, Summerset

REDUCED this year to 90 cents per SF, this strategically located property provides over 1754 LF of frontage along Interstate 90 and is located just south of Camping World, the areas busiest RV hot spot in the Black Hills. At this location there are approximately 21,000 DAILY TRAFFIC COUNTS counted along the I90. FLEXIBILITY WITHIN ITS' CURRENT ZONING CATEGORY! This property is zoned GC General Commercial which allows various types of commercial uses including multi-family. To obtain a full residential use it must be rezoned. The lay of the land provides excellent frontage along Recreation Drive which will act as the collector street that will then serve Lane/Place streets to facilitate your land plan. A natural storm water drainage basin exists at the far north end of the property along with a drainage easement. The historical storm water then crosses I90 with several large RCP pipes. LEGAL DESCRIPTION: Lot 2B less Plat of H1 and Lot B of Lot 2A & Major Drainage Easement of Lot 1R, Recreational Park Estates, City of Summerset, BHM, Meade County, SD (title commitment to correct) THE ASKING PRICE MAKES THE DIFFERENCE! There is nothing like this in the front range of the Black Hills. Take advantage of the 0% for 5 year PROPERTY TAX ABATEMENT for any commercial use new project to help offset your cash flow to help you kick start your project. Call for details. Buyer and Buyer's Agent to verify ALL information related to this listing.

Contact Heartland Real Estate for more information at 605-745-6772
Listing Office: Olsen Real Estate, Phone: 605-390-8868
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Address

106 South Chicago
Hot Springs, SD 57747

Phone

605-745-6772

Toll Free

877-208-6706