924 4Th StHuron, SD 57350

  • Other commercial real estate
  • 2.73 AC
For Sale
$1,300,000 View listing

Property Details for 924 4Th St

Year built
1960
Lot size
2.73 AC
Property type
Other commercial real estate
APN
10957
APU
10957

Description

This exceptional 76-room hotel in Huron, South Dakota, presents a lucrative investment opportunity. Boasting 2,806,657 square feet on a 2.73-acre lot, this established property offers a complimentary breakfast, free Wi-Fi, and coin-operated laundry facilities. A unique amenity is a dedicated bird cleaning room, catering to the area's hunting tourism. The hotel benefits from a full-time general manager and the part-time involvement of the current owner, who resides on-site. Its prime location in Huron, a popular destination for hunting and outdoor recreation, ensures consistent occupancy, particularly during events like the South Dakota State Fair. The recent completion of the Dakota Events Complex promises further revenue growth. The property's proximity to the "world's largest pheasant" statue adds to its unique appeal. Built in 1957, this well-maintained hotel is offered at $1,100,000 and is owned by an LLC. This turnkey operation is ready for a new owner to capitalize on its established success and future potential. The property's substantial size and diverse amenities make it an attractive investment in the thriving South Dakota hospitality market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $21,288,740
    Hospitality
    $19,500,372
    Educational
    $16,224,080
    Medical
    $16,782,052
    Retail
    $25,237,458
924 4Th St, Huron, South Dakota

Location Insight

City
Huron
County
Beadle
State
South Dakota
Latitude
44.3695
Longitude
-98.2007
CBSA code
26700
CBSA name
HURON, SD MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,610
$27,300
$337,772
$365,072
-
-
-
-

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].