1401 Laurel Ave

    Whitewood, SD 57793
    • $649,000
    • STATUS: Active
    • ON SITE: 123 days
    • MLS #: 145046
    UPDATED: 57 min ago
    $649,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,424
      SQFT
    • $77
      $/SQFT
    Neighborhood:
    Type:
    Commercial

    School Ratings & Info

    Description

    WELL ESTABLISHED Family Restaurant and Lounge in Beautiful Whitewood, SD. Centrally located between Spearfish, Sturgis, Deadwood and Belle Fourche, all roads meet here in Whitewood and the Hideaway Restaurant is right in the center. Located on one of the first lots in town off of the Interstate, easy access, plenty of parking, tremendous food and newly remodeled with over $200K in improvements. Large well built building of 8424 sq. ft. with income of $800 per month from leased shop space in rear of building. A budding entrepreneur could convert shop space (50' x 60') into a needed community center for added revenue streams. Price includes all furniture and fixtures including full kitchen equipment. Current owners will train new owners. Building produces 8.5% cap rate at market rents plus restaurant income. A great package deal opportunity to own real estate and a known business. Call today for a visit to the Hideaway.

    Monthly Payment Calculator



    © 2019 Black Hills Association of REALTORS® Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from BHMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Black Hills. Data last updated: 2019-11-20T19:16:24.627.
    www.buyandsellblackhills.com/homes/97078170

    1401 Laurel Ave Whitewood, SD 57793

    • Price: $649,000
    • Status: Active
    • Updated: 57 min ago
    • MLS #: 145046
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    8,424
    SQFT
    $77
    $/SQFT
    Neighborhood:
    Northern Hills
    Area:
    Northern Hills
    Property Description
    WELL ESTABLISHED Family Restaurant and Lounge in Beautiful Whitewood, SD. Centrally located between Spearfish, Sturgis, Deadwood and Belle Fourche, all roads meet here in Whitewood and the Hideaway Restaurant is right in the center. Located on one of the first lots in town off of the Interstate, easy access, plenty of parking, tremendous food and newly remodeled with over $200K in improvements. Large well built building of 8424 sq. ft. with income of $800 per month from leased shop space in rear of building. A budding entrepreneur could convert shop space (50' x 60') into a needed community center for added revenue streams. Price includes all furniture and fixtures including full kitchen equipment. Current owners will train new owners. Building produces 8.5% cap rate at market rents plus restaurant income. A great package deal opportunity to own real estate and a known business. Call today for a visit to the Hideaway.
    Exterior Features

    Construction Steel Frame Exterior Walls WoodMetal Parking Asphalt/Off-Street Road Frontage HighwayCity/County Roofing MetalRubber

    Interior Features

    Basement None Ceiling Height Varies Cooling CentralWindow/Wall Flooring ConcreteWood Foundation Poured Heating GasForced Air Interior Walls Sheetrock

    Property Features

    Auction YN No Building Use Restaurant Commercial Type Other Leased Owner Occupied Sale Or Lease For Sale Services City WaterNatural GasElectricity

    © 2019 Black Hills Association of REALTORS® Multiple Listing Service.
    Listing provided courtesy of Jon Brue of Keller Williams Realty Black Hills.


    © 2019 Black Hills Association of REALTORS® Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from BHMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Black Hills. Data last updated: 2019-11-20T19:16:24.627.
     
    Keller Williams Realty Black Hills
    3025 1st Avenue, Suite #2
    Spearfish SD, 57783