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$ 2,300,000
Est. payment /mo
Active
632 Mount Rushmore Rd Custer, SD 57730
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 88050
Property Sub-Type Other
Property Description
CREAM OF THE CROP! EXCELLENT LOCATION! Doesn't get more TOP-TIER than this! Overflowing w/ commercial & investment lucrativity, these 6 prime short-term/vacation rental apartments reside in a great, high-traffic downtown Custer location. The “BASECAMP†modern upstairs loft apts each offer a fully equipped kitchen, dining area, gathering space, 1-3 bdrms, 1-2 baths, & sofa bed. BUILDING COMPLETELY RENOVATED in 2022 – new wiring, plumbing, sprinkler system upstairs, insulation, windows (except main level front windows), floor coverings, fixtures, appliances, paint, & the list goes on & on!! The 4,350 sqft main level retail space is currently leased out providing reliable income year-round. Basecamp numbers have steadily grown each year & the reviews are amazing! The light & bright feel of the rooms w/ every imaginable convenience are a delight to guests that like to walk the town & go out to eat or for a drink w/o driving. One could never rebuild this building in this location for anywhere near this price – let alone the income! Custer has a bustling summer tourist season & features a new Mayo Clinic-affiliated Hospital, strong K-12 school system & a thriving tourist district w/ restaurants & shops. Why does business make sense in South Dakota? NO corporate income tax. NO franchise or capital stock tax. NO personal property or inventory tax. NO personal income tax. NO estate & inheritance tax. Perfect for anyone looking to expand in the thriving Black Hills tourism market!!!
Location
State SD
County Custer
Area Custer
Listed by Lewis Realty