Skip To Content

2520 Tower Rd

Rapid City, SD 57701
  • $2,390,000
  • STATUS: Active
  • ON SITE: 34 Days
  • MLS #: 168230
UPDATED: 75 min ago
$2,390,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:
Area:

School Ratings & Info

Description

With over 1.2 acres of prime real estate in a highly desirable location, this is a great opportunity to own a hotel space with over 100 rooms in the heart of the Black Hills and just minutes from Mt. Rushmore. Perfectly located at the southern end of Mt. Rushmore road, this hotel sits next to the largest hospital and medical facilities within a 350 mile radius and is surrounded by restaurants within walking distance.This 101 unit hotel presents a lucrative chance for savvy investors seeking substantial returns. Boasting a prime location just minutes from downtown, this commercial property has huge potential for income generation especially during Sturgis' renowned Motorcycle Rally. Association with Super 8 is up for renewal at the end of May and is not required by new owners if they prefer to operate independently or associate with a different chain.

Monthly Payment Calculator



© 2024 Black Hills Association of REALTORS® Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from BHMLS. 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. Data last updated: 2024-05-24T23:17:13.413.
www.rapidcityhomes4sale.com/homes/149614396
Print Image

2520 Tower Rd Rapid City, SD 57701

  • Price: $2,390,000
  • Status: Active
  • On Site: 34 Days
  • Updated: 75 min ago
  • MLS #: 168230
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
City Center
County:
Pennington
Area:
City Center
Property Description
With over 1.2 acres of prime real estate in a highly desirable location, this is a great opportunity to own a hotel space with over 100 rooms in the heart of the Black Hills and just minutes from Mt. Rushmore. Perfectly located at the southern end of Mt. Rushmore road, this hotel sits next to the largest hospital and medical facilities within a 350 mile radius and is surrounded by restaurants within walking distance.This 101 unit hotel presents a lucrative chance for savvy investors seeking substantial returns. Boasting a prime location just minutes from downtown, this commercial property has huge potential for income generation especially during Sturgis' renowned Motorcycle Rally. Association with Super 8 is up for renewal at the end of May and is not required by new owners if they prefer to operate independently or associate with a different chain.
Exterior Features

Location Black HillsDowntownFree Standing

Property Features

Auction YN No Business Entity LLC Business Type Accomodation Land Included Real Estate Included Real Estate Include in PriceOwned

© 2024 Black Hills Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Justin Dike of BLACK HILLS REALTY: 605-791-2249.


© 2024 Black Hills Association of REALTORS® Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from BHMLS. 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. Data last updated: 2024-05-24T23:17:13.413.
 
https://bt-photos.global.ssl.fastly.net/blackhills/1280_boomver_1_168230-2.jpg https://bt-photos.global.ssl.fastly.net/blackhills/1280_boomver_1_168230-2.jpg https://bt-photos.global.ssl.fastly.net/blackhills/1280_boomver_1_168230-2.jpg
Logo
Engel & Voelkers Black Hills LLC
517 Main Street
Rapid City SD, 57701