This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
This Hospitality Property is no longer advertised on LoopNet.com.

855 N 5th St
Custer, SD 57730
Bavarian Inn · Hospitality Property For Sale · 31,167 SF

INVESTMENT HIGHLIGHTS

  • Established and Profitable book of business
  • fantastically updated properties and an established and systematized business model
  • Prime business location

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 4.20 AC
Building Size 31,167 SF
No. Stories 2
Year Built 1972
Parking Ratio 1.31/1,000 SF
Corridor Exterior
Zoning Hospitality

AMENITIES

  • Balcony
  • Pool
  • Restaurant
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub

ABOUT 855 N 5TH ST , CUSTER, SD 57730

Listed by Jeremy Kahler, KWBH, 605-381-7500. RARE opportunity to own a top-rated, turn-key hotel in Custer SD! *The Bavarian Inn, Black Hills is a popular destination for guests of the area with proximity to Mt. Rushmore, Crazy Horse National Memorial and all the area has to offer *This full-service property consists of 64 rooms, has a dedicated restaurant, coffee shop and guests-only amenities, all on5.5 private acres *Established in 1973 and open 7 days a week from April-November, this property is excellently ranked across all platforms and performs at the top of the market in Occupancy, ADR and RevPar *Sparing no expense, the current owners have poured over $2 million into renovating the property, including: mechanical systems, HVAC units, electrical updates, substantial plumbing updates, building exteriors and decking, top to bottom room updates, furniture and room amenities, extensive landscaping, all new linens, commercial laundry facilities, 2 Tesla charging stations and more *Other on site amenities include: a covered pool and hot tub area, fenced outdoor pool and tennis court, numerous outdoor patios, and an onsite manager's quarters (with 3,000sqft, 3 bedrooms and 2 bathrooms, a full kitchen, private laundry and lofted balcony and private interior access to the ground level office space) *Combining upscale design with a welcoming atmosphere, the lobby and guest services space have been updated with new flooring, cabinets, furniture, electronics and an expanded employee workspace *The Feel Good Café was added to the accommodations in 2018 and is walking distance from the guest rooms, open daily from 6-11am and provides an upscale dining experience for guests *Continuously updated since its' purchase, this venue has over $300,000 in updates, including: a remodeled upper level, 2 new bathrooms, updated electrical, new interior and exterior lighting, Unifi wifi system, virtual 'Toast' POS system, a full service coffee shop addition, countless kitchen updates and updated landscaping *Served in a large dining room with beautiful views, the full service menu is prepared in a top of the line kitchen, including: a 10 burner gas cooktop, a TurboChef Bullet, convection oven, 2 hood vents, a walk-in Widman cooler, dry storage space, commercial dishwasher and Ansul System *The in house coffee shop has new gourmet pastry display cases, large barista station with Rancilio Classe 5 espresso machine and a large seating area *Restaurant also has a partially finished walkout basement with added bathrooms, utilities and endless possibilities to customize as you wish! Prime business location, fantastically updated properties and an established and systematized business model- NOW is the time to capitalize on this amazing business opportunity-call today.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
008790
Land Assessment
$59,734
Improvements Assessment
$558,993
Total Assessment
$618,727
  • Listing ID: 23689555

  • Date on Market: 7/15/2021

  • Last Updated:

  • Address: 855 N 5th St, Custer, SD 57730

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}