This turnkey property for sale is situated just off of Mount Rushmore Rd, one of the busiest tourist roads in the Black Hills/Rapid City area! Nearby family-friendly attractions make this property the perfect choice to stop for a bite to eat or an overnight stay. The opportunity to invest in a thriving hospitality business with 4 income avenues, plus real estate is unique! Shipwrecks Bar & Grill is a highly rated and profitable restaurant featuring a fun, outdoor, covered patio, full liquor license, great food, & live entertainment. 4 RV spots with full hookups are rented year-round. Sweetgrass Inn provides tranquility for guests to relax and prepare for the next day’s adventures in the Black Hills. The updated, 2-story historic 1919 Farmhouse features a 3 bed, 2 bath residence with ample closets, 3 full patios, a two-car garage and 8 en-suites Bed and Breakfast suites. Shipwreck's Bar & Grill (2,150sf) has both indoor and outdoor seating, a bar area, a kitchen, 2 restrooms, storage rooms, a walk-in cooler and a walk-in freezer. The full liquor license is included ($295,000 Value)! New, commercial-grade kitchen appliances. Electric central air and heat with two units. The purchase price includes all restaurant and bar FF&E. Note: Any on-hand food and liquor inventory would be a separate line-item purchase and value. Sweetgrass Inn (2,640sf) features a common area kitchen and dining area on the main level as well as a large deck and yard - ideal for events or group gatherings. The current owners have upgraded the Sweetgrass Inn website, payment system, check-in/out procedures, and channel manager for easy online guest bookings and owner management. New sinks/vanities and furnishings in several units/lofts. Includes all furniture, decorations, and appliances. All electric with individual air and heat units in each suite/loft. The farmhouse and 2 above garage suites (3,156sf) include all furniture, decorations, and appliances. Electric central air and heat. Window air in the upstairs unit. RV Sites are currently all leased and are full-service. Other: Water is FREE! Fresh, tasty well water is tested monthly. The roofs were all replaced in 2020. Fiber internet. Conveniently located off of Mt Rushmore Road/Highway 16, the primary corridor linking Rapid City to the center of the Black Hills National Forest. Adjacent attractions include Reptile Gardens, Dinosaur Museum, Rushmore Candy, and an 18-hole public golf course at Hart Ranch. Just a short 22-minute drive to Mount Rushmore Memorial Monument! Owners are willing to stay on for 1 month to train new owners or managers upon request.
