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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Community
- Address2520 Tower Road Rapid City SD
- AreaRapid City – City Center
- CityRapid City
- Zip Code57701
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© 2024 Mount Rushmore Area Association of Realtors®., Inc. All Rights Reserved.Courtesy of Black Hills SD Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the . Detailed information about real estate listings held by brokerage firms other than Dakota Home and Ranch Real Estate include the name of the listing broker. Neither the listing company nor Dakota Home and Ranch Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. . All rights reserved.
2520 Tower Road
Rapid City, SD
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