For Sale
$475,000

107 Main StBison, SD 57620

Profitable SD Motel, 11 Units, High Occupancy

Overview

Added:
Feb 3
Days on market:
62
This meticulously maintained 11-unit motel in Bison, South Dakota presents a rare investment opportunity. The property boasts 8 double-bed rooms, 2 triple-bed rooms, and a spacious 6-bed suite, all featuring individual air conditioning units, well-maintained carpeting, and bathrooms with durable commercial-grade linoleum flooring. A comfortable communal area is available for guests to relax. The property also includes a fully renovated 3-bedroom, 1.5-bathroom manager's apartment in the basement. This apartment features granite countertops, stainless steel appliances, dark wood cabinets, a center island, and a spacious eat-in kitchen. Additional features in the manager's apartment include a formal dining area, an open living room, a half-bath with luxury vinyl plank flooring, and ample storage. The motel sits on a 0.25-acre lot and includes a lovely backyard patio with a barbecue grill and professionally landscaped grounds. High-speed internet is available throughout the property. The motel benefits from a lack of hospitality competition within a 45-mile radius, ensuring consistent bookings. Strong revenue is generated throughout the year, with high occupancy during the summer construction season and fall hunting season, further enhanced by a loyal base of repeat guests. This turnkey operation offers significant potential for continued growth and profitability. The asking price is $475,000.

Property Details for 107 Main St

Property type
Lot Size (sq. ft)
10,890 SF

Location Insight

City
Bison
County
Perkins
State
South Dakota
Latitude
45.52217
Longitude
-102.4645
107 Main St, Bison, South Dakota

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107 Main St
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