Active
1051 Park Street
Sturgis SD, 57785
$999,000
$335.69 per sqft
Active
2,976 sqft
Commercial
South Pine Motel - Income-Generating Gem minutes from Legendary Sturgis Main St! Discover the lucrative potential of the South Pine Motel, ideally located in the heart of Sturgis, SD. This year-round income property has 6 single unit cabins, the property offers 3 studio apartments, and a 3 bedroom home for comfortable owners' living quarters , making it an excellent investment with built-in accommodation. The motel includes on-site laundry facilities, an outdoor shower, and ample parking space for all guests. With 4 RV sites complete with Full hook-ups and a spacious garage, this property is fully optimized for both long-term guests and seasonal traffic. Being only minutes from famous Main Street, it's at the center of Sturgis's vibrant tourist scene and highly sought-after during the annual Motorcycle Rally. New roofs and gutters were completed on all units in 2020 and currently has a strong rent roll with an even higher income potential, especially during peak tourist seasons. The property is completely turn-key, being fully equipped with all appliances, beds, and some furniture necessary for immediate operation. Take advantage of this prime opportunity for steady monthly income, substantial seasonal profits, and a chance to own a piece of the Legendary Sturgis Community. Call Casey Raftevold | Great Peaks Realty Munro and Gran | 605-863-5282 for more information.
82221
MLSⓇ ID
October 30, 2024
Listed
November 22, 2024
Updated
Map
1051 Park Street
Sturgis SD, 57785
Interior Features
Laundry Description
Laundry Room
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Electric, Natural Gas
Exterior/Building Features
Lot Size
0.41 Acres
Lot Features
Corner Lot, Level
Sewer
Public Sewer
Other Property Details
Area Name
Sturgis
Garage
No
Parking
On Street
Parking Total
12
View
No
County
Meade
Pool
No