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632 Mount Rushmore Rd
Custer, SD 57730
Basecamp · Specialty Property For Sale
·
8,700 SF
Investment Highlights
- Modern loft apartments
- Fully equipped kitchen, dining area, gathering space, 1-3 bdrms, 1-2 baths & sofa bed
- New wiring, plumbing, sprinkler system upstairs, insulation, windows (except main level front), floor coverings, fixtures, appliances, paint
- Great, high-traffic downtown Custer location
- Building completely renovated in 2022
- 4,350 sq. ft. main level retail space is currently leased out, providing reliable income year-round
Executive Summary
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 apartments each offer a fully equipped kitchen, dining area, gathering space, 1-3 bedrooms, 1-2 baths, & sofa bed. BUILDING COMPLETELYRENOVATED 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 sq ft 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 Facts
| Sale Type | Investment | Building Size | 8,700 SF |
| Property Type | Specialty | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1950/2022 |
| Lot Size | 0.17 AC | ||
| Zoning | Commercial - Commercial | ||
| Sale Type | Investment |
| Property Type | Specialty |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 8,700 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1950/2022 |
| Zoning | Commercial - Commercial |
Property Taxes
| Parcel Number | 008623 | Improvements Assessment | $534,180 |
| Land Assessment | $52,173 | Total Assessment | $586,353 |
Property Taxes
Parcel Number
008623
Land Assessment
$52,173
Improvements Assessment
$534,180
Total Assessment
$586,353
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