2520 Tower Road Rapid City SD 57701 MLS #79849

2520 Tower Road
Rapid City, SD, 57701
$2,390,000
Beds
0 Baths
23,981 SqFt
1.28 Acres
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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.

Property Details

Price:
$2,390,000
MLS #:
79849
Status:
Active
Baths:
0
Address:
2520 Tower Road
Type:
Commercial
Neighborhood:
rapidcitycitycenter
City:
Rapid City
Listed Date:
Apr 19, 2024
State:
SD
Finished Sq Ft:
23,981
ZIP:
57701
Lot Size:
55,756 sqft / 1.28 acres (approx)
Year Built:
1979
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I was raised on a ranch west of Buffalo, S.D. and still have a love of the land and the farm/ranch way of life. An interest in the farm/ranch area of real estate naturally follows my upbringing. Newell, S.D. was where I spent the bulk of my career in teaching and coaching. During my 31 year tenure in the Newell School District, I was also active with the Fellowship of Christian Athletes with the high school students, as well as being involved in local church leadership, and church youth work. …

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2520 Tower Road
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