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.
Property Details
Price:
$999,000
MLS #:
82221
Status:
Active
Baths:
0
Address:
1051 Park Street
Type:
Commercial
Neighborhood:
sturgis
City:
Sturgis
Listed Date:
Oct 30, 2024
State:
SD
Finished Sq Ft:
2,976
ZIP:
57785
Lot Size:
17,859 sqft / 0.41 acres (approx)
See this Listing
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Schools
Interior
B A S E M E N T/ S U B S T R U C T
Partial Basement, Crawl Space, Poured Concrete Found.
C O O L I N G
Wall Evap., Window Evap.
H E A T I N G
Natural Gas, Electric
Exterior
C O N S T R U C T I O N
Concrete, Frame
E X T R A S
Furnished, Laundry, Living Quarters
L O T D E S C R I P T I O N
Corner Lot
P A R K I N G
Common, Parking Lot, Street Parking
R O A D S U R F A C E
Gravel
T O P O G R A P H Y
Level
Financial
U T I L I T I E S- S E W E R
City ( At Site)
Map
Community
- Address1051 Park Street Sturgis SD
- AreaSturgis
- CitySturgis
- Zip Code57785-0000
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1051 Park Street
Sturgis, SD
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