2431 Junction AveSturgis, SD 57785

Property Details for 2431 Junction Ave

Lot size

1.63 AC

Property type

Commercial real estate

APN

01.61.00.CDE2

APU

016100CDE2

Description

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.

Location Insight

City

Sturgis

County

Meade

State

South Dakota

Latitude

44.3971

Longitude

-103.508

CBSA code

39660

CBSA name

RAPID CITY, SD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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