632 Mt. Rushmore Road, Custer, SD 57730
sale
$2,300,000
|
Other
Courtesy Of Lewis Realty
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!!!
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Floors: 2
- Heating System: Electric (Heating)
- Heating System: Forced Air
- Heating System: Propane (Heating)
- MLSID: 88050
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