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1051 Park Street

Sturgis, SD 57785
  • $999,000
  • STATUS: Active
  • ON SITE: 9 Days
  • MLS #: 82221
UPDATED: 26 min ago
$999,000
  • 0
    BEDS
  • 0.41
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Area:

School Ratings & Info

Description

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 Sturgiss 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.

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© 2024 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 Engel & Voelkers Black Hills LLC. 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 Engel & Voelkers Black Hills LLC 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: 2024-11-09T14:44:49.247.
www.rapidcityhomes4sale.com/homes/157325515
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1051 Park Street Sturgis, SD 57785

  • Price: $999,000
  • Status: Active
  • On Site: 9 Days
  • Updated: 26 min ago
  • MLS #: 82221
0
Beds
0
Baths
0
½ Baths
0.41
Acres
Neighborhood:
Sturgis
Area:
Sturgis
Property Description
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 Sturgiss 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.
Exterior Features

Construction FrameConcrete Lot Description Corner Lot Lot Size .41 acres Parking CommonParking LotStreet Parking Parking Spaces 12 Road Surface Gravel Topography Level

Interior Features

Approx Building Sq Ft 2976 Basement Substructure Partial BasementCrawl SpacePoured Concrete Found. Cooling Window Evap.Wall Evap. Heating Natural GasElectric

Property Features

Access Public Access Auction YN No Commercial Property Type Business/Land/Building(s) Documents On File Furniture & Fixture ListPhotographsPlat MapAerial Photo Extras FurnishedLaundryLiving Quarters For Sale Or Rent For Sale Occupant Long Term TenantShort Term 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 © 2024 Mount Rushmore Area Association of REALTORS®., Inc
Listing provided courtesy of Casey Raftevold of : .



© 2024 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 Engel & Voelkers Black Hills LLC. 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 Engel & Voelkers Black Hills LLC 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: 2024-11-09T14:44:49.247.
 
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Engel & Voelkers Black Hills LLC
517 Main Street
Rapid City SD, 57701