For Sale
$2,950,000

2431 Junction AveSturgis, SD 57785

55-Key Hotel, Iconic Sturgis Location

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
120
This established 55-key hotel in Sturgis, South Dakota, presents a unique investment opportunity. Located just off Interstate 90, this two-story, 1966-built property sits on a 2.29-acre lot and benefits from its proximity to the renowned Sturgis Motorcycle Rally and the scenic Black Hills. The hotel is free from franchise obligations, offering significant potential for return on investment. A manager's apartment is included on the premises. An attractive feature for potential buyers is a $100,000 improvement credit offered with a full-price accepted offer at closing. This turnkey operation is ideally situated to capitalize on the thriving tourism industry of the Black Hills, offering breathtaking natural beauty to guests. Whether you're an experienced hotelier or a new investor seeking entry into the hospitality market, this property provides an exceptional combination of location, existing infrastructure, and growth potential. The property's strategic location and established reputation make it a compelling investment in a dynamic and popular tourist destination.

Highlights

  • $100,000 seller credit with full-price offer.
  • Excellent location.
  • Manager's apartment included.
  • Convenient I-90 access.
  • Black Hills location.

Property Details for 2431 Junction Ave

Property type
Hospitality properties, Hotels
Year Built
1966
Stories
2
Lot Size (sq. ft)
99,752 SF

Location Insight

City
Sturgis
County
Meade
State
South Dakota
Latitude
44.397410166274
Longitude
-103.50768955905
2431 Junction Ave, Sturgis, South Dakota

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FAQs

What type of property is this?
Hospitality property - 55-Key Hotel, Iconic Sturgis Location
Where is the hospitality property located?
The property is located at 2431 Junction Ave Sturgis, SD.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: $100,000 seller credit with full-price offer.; Excellent location.; Manager's apartment included.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Contacts

Pat Green
Pat Green
Grant Edmunds
Grant Edmunds
Visit Broker Website

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2431 Junction Ave, Sturgis, South Dakota, 57785

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

2431 Junction Ave
  • Pat Green
    Pat Green
  • Grant Edmunds
    Grant Edmunds
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