Under contract
UC-CONTINGENCY-TAKE BKUPS
2520 Tower Road
Rapid City SD, 57701
$2,390,000
$99.66 per sqft
Under contract
UC-CONTINGENCY-TAKE BKUPS
23,981 sqft
Commercial
Built in 1979
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.
79849
MLSⓇ ID
April 19, 2024
Listed
August 23, 2024
Updated
Map
2520 Tower Road
Rapid City SD, 57701
Interior Features
Total Stories
3
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
1.28 Acres
Sewer
Public Sewer
Other Property Details
Area Name
Rapid City - City Center
Garage
No
Parking Total
98
View
No
County
Pennington
Pool
No
Listing History
Date | Event | Price |
---|---|---|
7/31/2024 | Under contract | — |
7/16/2024 | Active | — |
6/18/2024 | Under contract | — |
6/11/2024 | Active | — |
6/4/2024 | Under contract | — |