931 1st Street Sturgis SD 57785 | 74157

931 1st Street
Sturgis, SD, 57785
$4,250,000
Beds
0 Baths
28,431 SqFt
1.03 Acres
The World-Famous Knuckle Saloon. An Iconic bar and entertainment venue that not only serves thousands of Sturgis Rally attendees but is also a local Sturgis institution. Space is the key to a profitable Sturgis Motorcycle Rally and this business has it. A full block (45000 sq. ft.) in downtown Sturgis with 28431 square feet of floor space and storage. This bar has been a must see for Rally goers for years. The local support has been tremendous too. It’s the top choice for all the Sturgis family and class reunions and any sports team get together that comes up. Everything from weddings to motocross races in the parking lot. Popular events like the Bull riding in the pavilion and a major player in the Sturgis Mustang Rally. Stages inside and out give you all sorts of entertainment options. Restaurants in both The Knuckle and The Brewery. Outstanding retail sales to compliment the rest of the operation. The parking lot is available for the bar’s patrons, but it is also a great source of income as Rally vendor space. It’s hard to imagine a more valuable liquor license as limitations apply based on the population of Sturgis yet Sturgis is a world-famous party town.

Property Details

Price:
$4,250,000
MLS #:
74157
Status:
Active
Address:
931 1st Street
Type:
Commercial
City:
Sturgis
Listed Date:
Oct 11, 2022
State:
SD
Square Ft (approx):
28,431
ZIP:
57785
Subdivision:
Original Town
Lot Size:
44,866 sqft / 1.03 acres (approx)
Year Built:
1969
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Interior

B A S E M E N T/ S U B S T R U C T
Partial Basement, Slab
C O O L I N G
Refrig. C/ Air
H E A T I N G
Natural Gas, Forced Air

Exterior

C O N S T R U C T I O N
Frame, Block
E X T R A S
Furnished, Hi- Traffic Location, High Visibility, Kitchen Area, Lounge/ Bar, Restaurant, Restrooms
L O T D E S C R I P T I O N
Corner Lot, Interior Lot
M I N E R A L R I G H T S
Unknown
P A R K I N G
Parking Lot, Street Parking
R O A D S U R F A C E
Concrete, Blacktop

Financial

U T I L I T I E S- S E W E R
City ( At Site)

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931 1st Street
Sturgis, SD