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2520 Tower Rd

Rapid City, SD 57701
  • $2,390,000
  • STATUS: Active
  • ON SITE: 35 Days
  • MLS #: 168228
$2,390,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 23,981
    SQFT
  • $100
    $/SQFT
Neighborhood:
Type:
Commercial
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.

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© 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 Black Hills SD Realty. Data last updated: 2024-05-26T00:16:14.027.
www.blackhillsrealtyhomes.com/homes/149614348
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2520 Tower Rd Rapid City, SD 57701

  • Price: $2,390,000
  • Status: Active
  • On Site: 35 Days
  • MLS #: 168228
0
Beds
0
Baths
0
½ Baths
N/A
Acres
23,981
SQFT
$100
$/SQFT
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

Construction Wood Frame Exterior Walls BrickMetal Parking Asphalt/Off-Street Road Frontage Major Artery Roofing Metal View CityHills

Interior Features

Cooling CentralWindow/Wall Flooring CarpetTile Foundation PouredSlab Heating Forced AirGas Interior Walls Sheetrock

Property Features

Auction YN No Building Use Other Commercial Type Other Physical Condition Normal Quality Average Safety Features Fire AlarmSmoke DetectorSprinkler System Sale Or Lease For Sale Services City SewerCity WaterElectricityNatural Gas

© 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 Black Hills SD Realty. Data last updated: 2024-05-26T00:16:14.027.
 
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Black Hills SD Realty
4905 5th Street, Ste. 101
Rapid City SD, 57701