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This Hospitality Property is no longer advertised on LoopNet.ca.

518 National St
Belle Fourche, SD 57717

Kings Inn · Hospitality Property For Sale · 18,875 SF

Investment Highlights

  • This motel offers many opportunities for potential income: senior living, AirBnB, motel, short term and long term rentals.
  • Don't miss this business opportunity.
  • Many updates make this a ready to go facility: updated exterior stucco/paint, railings, composite decking, electronic locks, mattresses updated,

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.78 AC
Construction Status Converted
Building Size 18,875 SF
No. Stories 2
Year Built 1965
Parking Ratio 2.17/1,000 SF
Corridor Exterior

Amenities

  • Balcony
  • High Speed Internet Access
  • Meeting Event Space
  • Digital key

About 518 National St , Belle Fourche, SD 57717

Turnkey business opportunity! Great Location! 30 unit motel with managers living quarters (very nice) and many updated features. All furnishings will stay (except managers couch & mattress). Could be a made into wonderful apartments/ senior living as well a variety of possibilities. There are 9 single rooms and 20 double rooms and 1 suite. The seller has done the following recent improvements: Added electronic locks to most all doors, bathrooms have in-floor heating, 1 yr old 100 gallon gas hot water boiler system, most all light bulbs are LED, all new flooring in rooms with only the suite having carpet, most rooms have been re-painted, all rooms have new high quality mattresses and new bed frames in the past 3 years, new tiled bathrooms. In July/August of 2021 seller added new stucco and paint to exterior as well as added additional top railing on upper balcony and the upper balconies have new composite decking in Aug.2021 as well. Asphalt parking area was resealed in June 2021 and July of 2021 replaced 5 room AC units.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15.32.01.05
Land Assessment
$76,745
Improvements Assessment
$1,005,773
Total Assessment
$1,082,518

zoning

Zoning Code NC (Neighborhood Commercial see link for uses)
NC (Neighborhood Commercial see link for uses)
  • Listing ID: 24019163

  • Date on Market: 2021-09-01

  • Last Updated:

  • Address: 518 National St, Belle Fourche, SD 57717

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