For Sale
$700,000

1542 Davenport St Sturgis, SD 57785

Established 16-bed assisted living, high potential.

Overview

Added:
Feb 3
Days on market:
78
This exceptional investment opportunity presents a well-established assisted living facility located at 1542 Davenport St, Sturgis, SD. The property boasts a prime location, just a short distance from Junction Ave, ensuring high visibility and accessibility. The facility currently comprises 10 rooms, providing a total of 16 beds, and offers a comfortable, home-like atmosphere for residents. With a substantial 4,349 square feet of space, there's significant potential for expansion or further development to meet growing community needs. The property sits on a 0.1-acre lot, offering ample space for outdoor amenities or future construction. The asking price for this turnkey operation is $700,000, representing a compelling investment in a thriving sector of the healthcare industry. The existing infrastructure and established reputation provide a solid foundation for immediate returns and long-term growth. This is an exceptional opportunity for an investor seeking a proven business model with significant upside potential in a desirable location. The property's size and location offer flexibility for various expansion strategies, catering to the increasing demand for assisted living services in the Sturgis area. This is a rare chance to acquire a profitable and established business with considerable room for future development and increased profitability.

Property Details for 1542 Davenport St

Property type
Commercial real estate
Lot Size (sq. ft)
4,356 SF

Location Insight

City
Sturgis
County
Meade
State
South Dakota
Latitude
44.40889
Longitude
-103.5073

FAQs

What type of property is this?
Commercial real estate - Established 16-bed assisted living, high potential.
Where is the commercial real estate located?
The property is located at 1542 Davenport St Sturgis, SD.
What is the asking price?
The asking price for this property is $700,000.
How can I contact the broker?
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1542 Davenport St
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