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

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