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1802 Junction Ave
Sturgis, SD 57785
The Sturgis Motel and Poker Alice House · Hospitality Property For Sale · 8,352 SF

INVESTMENT HIGHLIGHTS

  • High traffic area off Interstate 90
  • Walking distance to downtown Sturgis and Legendary Main Street
  • Large lot size in quieter area surrounded by residential zoning

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 6.00 AC
Building Size 8,352 SF
No. Stories 2
Year Built 1985
Parking Ratio 4.19/1,000 SF
Corridor Exterior
Zoning Commercial - Commercial

AMENITIES

  • High Speed Internet Access
  • Public Access Wifi

ABOUT 1802 JUNCTION AVE , STURGIS, SD 57785

PRICE IMPROVEMENT Owner motivated to retire! Willing to consider CFD with significant down payment from qualified buyers The Sturgis Motel is a fantastic lodging option in the Black Hills of South Dakota. Our rooms are clean, comfortable, and affordable. We offer modern amenities such as cable TV and Wi-Fi to all guests. Coffee during office hours. Parking is included and access to your room is easy. Located in legendary Sturgis, South Dakota within driving distance to all major Black Hills attractions including Mt. Rushmore, Crazy Horse Memorial, Devil's Tower, Badlands National Park, Spearfish Canyon Scenic Byway, Historic Deadwood, SD and much, much more! Home to the largest motorcycle gathering in the World with 500k-1 million visitors each August. Large motorcycle presence all season long! Sturgis, SD is currently booming as is the entire Black Hills/Western South Dakota region. South Dakota took a different approach to 2020 and thrived as some states failed. More people are moving to this area – both commercial property and residential property are in high demand. Taxes are low (no state income tax, no corporate tax) and visitor numbers are staggering. South Dakota’s 2nd largest economy is tourism with over 14.5 million visitors every year. Rapid City (largest metro area) is just 40 minutes via I90 west. Small, independent lodging establishments are extremely popular with today’s traveler. Independent lodging offers unique opportunities to both guests and owners. There are no set rules to follow as in traditional franchise agreements. Owners have the freedom to choose how to market their property and what direction they want to take next. Business models are incredibly flexible. Owners may choose the standard transient guest model currently in use or swap to extended stays and monthly rental agreements – OR a mixture of both models in 1! Seasonal operation is attainable with your winter months free, or you may choose to stay open year ‘round to further increase revenue during ski season. Opportunity is only limited by your imagination. The Sturgis Motel has undergone a transformation and is streamlined, upgraded and is a top choice for guests in the area. All online sites and channels for managing and selling accommodations are in place. Guest rooms are spotless. Reviews are stellar. Operations manuals are provided for the current model. Our motorcycle and Black Hills themes are well received. Not only will you obtain a popular motel lodging option but the historic Poker Alice House on the property provides ample opportunity to increase revenues as a nightly rental/Airbnb. 6 bedrooms, 2 bathrooms, kitchen, parlor, dining area and private porch. Poker Alice was a well-known outlaw of the Wild West – some say the last outlaw woman! She dealt cards throughout the Gold Rush area as well as offering a brothel and liquor sales during prohibition from the actual home on site. The house offers incredible revenue or use it as an owner’s home. All furnishings, new and antique, are included! New roof 2020, newly painted, newly reimagined interior. Yearly reports available to serious, qualified buyers. For Sale by Owner. Absentee owner is retiring and is open to considering ALL offers from qualified, serious buyers and investors. Please call or email Elizabeth to schedule a showing. Find us online at www.thesturgismotel.com

  • Listing ID: 22749303

  • Date on Market: 4/15/2021

  • Last Updated:

  • Address: 1802 Junction Ave, Sturgis, SD 57785

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