924 4Th StHuron, SD 57350
- Other commercial real estate
- 2.73 AC
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
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
Comparable in this City
Similar Nearby for Sale
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