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About This Home
This 0-bedroom, 0-bathroom commercial at 632 Mt. Rushmore Road in Custer, SD is listed for $2,300,000 ($264 per sqft). Built in 1950, the home offers 8,700 sqft of living space on a 0.17 acres lot.
CREAM OF THE CROP! EXCELLENT LOCATION! Doesn't get more TOP-TIER than this! Overflowing w/ commercial & investment lucrativity, these 6 prime short-term/vacation rental apartments reside in a great, high-traffic downtown Custer location. The “BASECAMP” modern upstairs loft apts each offer a fully equipped kitchen, dining area, gathering space, 1-3 bdrms, 1-2 baths, & sofa bed.
BUILDING COMPLETELY RENOVATED in 2022 – new wiring, plumbing, sprinkler system upstairs, insulation, windows (except main level front windows), floor coverings, fixtures, appliances, paint, & the list goes on & on!! The 4,350 sqft main level retail space is currently leased out providing reliable income year-round.
Basecamp numbers have steadily grown each year & the reviews are amazing! The light & bright feel of the rooms w/ every imaginable convenience are a delight to guests that like to walk the town & go out to eat or for a drink w/o driving. One could never rebuild this building in this location for anywhere near this price – let alone the income!
Custer has a bustling summer tourist season & features a new Mayo Clinic-affiliated Hospital, strong K-12 school system & a thriving tourist district w/ restaurants & shops. Why does business make sense in South Dakota? NO corporate income tax. NO franchise or capital stock tax. NO personal property or inventory tax. NO personal income tax. NO estate & inheritance tax. Perfect for anyone looking to expand in the thriving Black Hills tourism market!!!
Key Features
- Built in 1950
- 0.17 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$12,301/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
632 Mt. Rushmore Road
Custer, SD 57730
Features & Amenities
Interior Features
Exterior Features
Property Details
Heating
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 632 Mt. Rushmore Road is listed at $2,300,000 ($264/sqft). The estimated monthly payment is $9,967 based on 20% down at 6.5% interest.
Key features include: Built in 1950, 0.17 acre lot, 2 stories. Interior Features: High Visibility, Laundry, Restrooms. Exterior Features: Hi-traffic Location.
This property is listed by Faith Lewis and can be reached at 6058630725 or faith@faithlewisrealty.com.
