106 South Chicago Hot Springs SD 57747

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Serving the

entire Black Hills region!

Property Information
Price $999,000.00

MLS
#82221
Price
$999,000.00
Type
Business/Land/Building(s)
Area
Sturgis
Selling
Assets
Legal Ownership
Limited Liability Company
Current Use
Hotel/Motel
Liquor License
No
Malt Beverage
No
Number of Acres
0.41
Lot Size
.41 acres
Total Bldg Sq Ft
2976
Parking Spaces
12

1051 Park Street, Sturgis

South Pine Motel - Income-Generating Gem minutes from Legendary Sturgis Main St! Discover the lucrative potential of the South Pine Motel, ideally located in the heart of Sturgis, SD. This year-round income property has 6 single unit cabins, the property offers 3 studio apartments, and a 3 bedroom home for comfortable owners' living quarters , making it an excellent investment with built-in accommodation. The motel includes on-site laundry facilities, an outdoor shower, and ample parking space for all guests. With 4 RV sites complete with Full hook-ups and a spacious garage, this property is fully optimized for both long-term guests and seasonal traffic. Being only minutes from famous Main Street, it's at the center of Sturgis’s vibrant tourist scene and highly sought-after during the annual Motorcycle Rally. New roofs and gutters were completed on all units in 2020 and currently has a strong rent roll with an even higher income potential, especially during peak tourist seasons. The property is completely turn-key, being fully equipped with all appliances, beds, and some furniture necessary for immediate operation. Take advantage of this prime opportunity for steady monthly income, substantial seasonal profits, and a chance to own a piece of the Legendary Sturgis Community. Call Casey Raftevold | Great Peaks Realty Munro and Gran | 605-863-5282 for more information.

Contact Heartland Real Estate for more information at 605-745-6772
Listing Office: Great Peaks Realty, Phone: 605-717-7325
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Address

106 South Chicago
Hot Springs, SD 57747

Phone

605-745-6772

Toll Free

877-208-6706