196 Cliff StDeadwood, SD 57732

  • Commercial real estate
  • 0.52 AC
For Sale
$5,950,000 View listing

Property Details for 196 Cliff St

Lot size
0.52 AC
Property type
Commercial real estate
APN
30210-00400-000-00
APU
302100040000000

Description

This exceptional commercial property located at 196 Cliff Street in Deadwood, South Dakota, presents a rare investment opportunity. Spanning 28,000 square feet on a 1.4-acre lot, this well-maintained property boasts superior finishes in both the common areas and individual rooms, exceeding the typical standards for this type of establishment. A key feature is its pre-approved status for three gaming licenses, allowing for a total of 90 gaming devices. This established business offers significant potential for continued success and growth within the vibrant Deadwood market. The property's high-quality construction and attractive features make it an ideal acquisition for a discerning investor seeking a turnkey operation. The asking price is $5,450,000. Prospective buyers must demonstrate sufficient financial capacity to purchase before receiving access to detailed financial information or property tours. This ensures a smooth and efficient transaction process for all parties involved. This is a unique chance to acquire a profitable and well-regarded business in a prime location. The property's size, location, and existing gaming licenses combine to create a compelling investment proposition. Serious inquiries only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $6,194,528
    Hospitality
    $5,674,154
    Educational
    $4,720,830
    Medical
    $4,883,186
    Retail
    $7,343,512
196 Cliff St, Deadwood, South Dakota

Location Insight

City
Deadwood
County
Lawrence
State
South Dakota
Latitude
44.3653
Longitude
-103.733
CBSA code
43940
CBSA name
SPEARFISH, 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
2022
$1,803
$62,290
$39,060
$101,350
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