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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

Price $399,000
Price Per Unit $19,950
Sale Type Investment
No. Units 20
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Low-Rise
Lot Size 2.23 AC
Building Size 7,340 SF
No. Stories 1
Year Built 1955

Amenities

Unit Amenities

  • Air Conditioning

Site Amenities

  • Private Bathroom
Somewhat walkable
20/100
Very drivable
80/100
Fairly bikeable
40/100
  • Listing ID: 41468742

  • Date on Market: 7/28/2026

  • Last Updated:

  • Address: 736 3rd Ave., Lake Andes, SD 57356

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