Turnkey 20-Unit Motel/Airbnb | Multiple Income Streams + Development Opportunity Cash-flowing, multi-use investment with HUGE upside potential! This 20-unit property is currently operating as a successful motel/Airbnb and offers endless opportunities to generate income-short-term rentals, long-term tenants, or continue running as a motel. Zoned C-1 Commercial, the possibilities don't stop there. A completed flood study and plans already in place for two additional duplexes create built-in expansion and even greater revenue potential. Whether you're an investor looking to maximize cash flow or a developer ready to take it to the next level, this property is packed with opportunity and ready to perform. Listed By Bud Hannah Re/Max In The Hills. 605-645-2026.
| MLS # | 88303 |
|---|---|
| Listing Type | For Sale |
| Style | Business/land/building(s) |
| Sub-Type | Resale |
| Status | Active |
| Year | 1970 |
| Days On Site | 186 |
| Listing Provided By | RE/MAX In The Hills | Bud Hannah |
| SQ Feet | 5,787 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.67 |
| Property View | View Lot |
| Heating | Natural Gas, Mini Split |
|---|---|
| Cooling | Refrig. Wall Unit |
| Construction | Frame, Concrete |
|---|---|
| Topography | Level |
| Parking | Common |
|---|---|
| Parking Spaces | 25 |
| State | SD |
|---|---|
| County | Lawrence |
| City | Spearfish |
| Zip Code | 57783 |
| Area | Spearfish |
| Subarea | Spearfish |
| Listing VS Median (in 57783) | |
Price: $1,300,000 low | high Med: $597,500 sqft: 5,787 low | high Med: 1,988 $ / sqft: $225 low | high Med: $350 On site: 186 low | high Med: 181.5 | |
| State | SD |
|---|---|
| County | Lawrence |
| City | Spearfish |
| Zip Code | 57783 |
| Area | Spearfish |
| Subarea | Spearfish |
| Listing VS Median (in 57783) | |
Price: $1,300,000 low | high Med: $597,500 sqft: 5,787 low | high Med: 1,988 $ / sqft: $225 low | high Med: $350 On site: 186 low | high Med: 181.5 | |