$2,300,000
MLS #: 88050

Description of 632 Mt. Rushmore Road, Custer, SD 57730

CREAM OF THE CROP! EXCELLENT LOCATION! Doesn't get more TOP-TIER than this! Overflowing w/ commercial & investment lucrativity, these 6 prime short-term/vacation rental apartments reside in a great, high-traffic downtown Custer location. The “BASECAMP†modern upstairs loft apts each offer a fully equipped kitchen, dining area, gathering space, 1-3 bdrms, 1-2 baths, & sofa bed. BUILDING COMPLETELY RENOVATED in 2022 – new wiring, plumbing, sprinkler system upstairs, insulation, windows (except main level front windows), floor coverings, fixtures, appliances, paint, & the list goes on & on!! The 4,350 sqft main level retail space is currently leased out providing reliable income year-round. Basecamp numbers have steadily grown each year & the reviews are amazing! The light & bright feel of the rooms w/ every imaginable convenience are a delight to guests that like to walk the town & go out to eat or for a drink w/o driving. One could never rebuild this building in this location for anywhere near this price – let alone the income! Custer has a bustling summer tourist season & features a new Mayo Clinic-affiliated Hospital, strong K-12 school system & a thriving tourist district w/ restaurants & shops. Why does business make sense in South Dakota? NO corporate income tax. NO franchise or capital stock tax. NO personal property or inventory tax. NO personal income tax. NO estate & inheritance tax. Perfect for anyone looking to expand in the thriving Black Hills tourism market!!!

Property Features of 632 Mt. Rushmore Road, Custer, SD 57730

TYPE
Other
Community
Custer
Features
Smoke alarm
Rubber roof
Slab basement
For sale
Courtesy of: Lewis Realty Faith Lewis

Homes for Sale Nearby 632 Mt. Rushmore Road, Custer, SD 57730

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