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736 3rd Ave 20 Room Hotel Lake Andes, SD 57356 $399,000 ($19,950/Room)
Executive Summary
The Landing Strip Motel sits on 2.23 acres and offers 20 motel rooms, an attached bar and restaurant area, and two additional storage sheds, creating multiple options for lodging, dining, events, storage, or additional income potential. Located in the Lake Andes area, this property is well positioned for travelers, outdoor recreation visitors, hunters, anglers, and local clientele. With nearby fishing, boating, hunting, camping, and small-town community traffic, there is plenty of opportunity for the next owner to bring their vision to life. With established improvements, flexible commercial space, and strong potential, The Landing Strip Motel is ready for its next chapter!
Property Facts
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 20 | - | - |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 29.75.032 | Improvements Assessment | $75,390 |
| Land Assessment | $12,690 | Total Assessment | $88,080 |
Property Taxes
Parcel Number
29.75.032
Land Assessment
$12,690
Improvements Assessment
$75,390
Total Assessment
$88,080
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736 3rd Ave