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Hospitality Investment Opportunity w/Steady Income

$475,000

107 East Main Street, Bison, SD 57620

Active
Last Updated: 04/25/2025

10,800 sqft

Building Size

0.32 acres

Lot Area

Details:
Building Size:    10,800 sqft
Lot Area:    0.32 acres
Keys:    11
Year Built:    1971
Parking Spots:    12
Year Last Renovated:    2017
Roof:    Replaced shingles '20-'21
Restrooms:    13
Highlights:
  • New roof (2020-2021)
  • Detached 2-stall garage built in 2018
  • Incredibly upgraded basement owner's quarters (2017)
  • Attic insulation installed in 2015
  • Newer AC units within last 10 years
  • Newer water heaters (2009)
  • Newer siding, windows & gutters (2008)
  • Prime central location
  • High-speed internet connection
  • No hospitality competition within a 45 mile radius
  • Steady income through solid bookings & heavy traffic year-round
  • Significant number of repeat guests year after year
  • Backyard patio area with barbecue grill
Description:

Listed by Cheri St. Pierre, Broker - Berkshire Hathaway HomeServices Midwest Realty (605) 390-2481. Pride in ownership is obvious in this impeccably well-kept, upgraded 11-unit motel. 8 double bed rooms, 2 triple bed rooms, and a 6-bed suite all offer substantial space & comfort. Each room boasts its own AC unit, well-maintained carpet, and bathroom with high-quality commercial grade linoleum. Lovely, downstairs communal area for relaxing & unwinding. Basement manager's quarters is a fully remodeled 3-bed, 1.5 bath apartment, showcasing granite countertops, stainless steel appliances, striking dark wood cabinets & center island in the sparkling & open eat-in kitchen. Large formal dining area, open living room, 1/2 bath with luxury vinyl plank flooring & ample storage room. Lovely backyard patio area with barbecue grill & pristine landscaping. High-speed internet connection. No hospitality competition within a 45 mile radius. Steady income through solid bookings & heavy traffic from summertime construction season through fall hunting season, including repeat guests year after year. This contemporary motel boasts a new roof, newer windows & newer water heater. Detached 2 stall garage, built just 7 years ago. Prime, central location close to restaurants, grocery store & all the Bison community has to offer!

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