2520 Tower Rd
Rapid City, SD 57701
Suite Inn · Hospitality Property For Sale
·
34,769 SF
Investment Highlights
- Location
- Ample Parking
- Close to Medical Facilities
Property Facts
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1977/1999 |
| Building Class | C | Parking Ratio | 2.87/1,000 SF |
| Lot Size | 1.28 AC | Corridor | Interior |
| Building Size | 34,769 SF | ||
| Zoning | Commercial - South Boulevard Add, BLOCK 35, Lot A & B | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.28 AC |
| Building Size | 34,769 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1977/1999 |
| Parking Ratio | 2.87/1,000 SF |
| Corridor | Interior |
| Zoning | Commercial - South Boulevard Add, BLOCK 35, Lot A & B |
Amenities
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
About 2520 TOWER RD , RAPID CITY, SD 57701
With over 1.2 acres of prime real estate in a highly desirable location, this is a great opportunity to own a hotel space with over 100 rooms in the heart of the Black Hills and just minutes from Mt. Rushmore. Perfectly located at the southern end of Mt. Rushmore Road, this hotel sits next to the largest hospital and medical facilities within a 350-mile radius and is surrounded by restaurants within walking distance. This 101-unit hotel presents a lucrative chance for savvy investors seeking substantial returns. Boasting a prime location just minutes from downtown, this commercial property has huge potential for income generation, especially during Sturgis' renowned Motorcycle Rally. Association with Super 8 is up for renewal at the end of May and is not required by new owners if they prefer to operate independently or associate with a different chain.
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,663,400 | |
| Land Assessment | $560,000 | Total Assessment | $3,223,400 |
Property Taxes
