920 1st Street

    Sturgis, SD 57785
    • $412,000
    • STATUS: Active
    • ON SITE: 221 days
    • MLS #: 56982
    UPDATED: 66 min ago
    $412,000
    • 0
      BEDS
    • Less than 0.5
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1996
    Area:

    School Ratings & Info

    Description

    A great income producing commercial property in a high traffic area of downtown Sturgis! This property has 4 apartments and one large 2700 sq ft office space. Very low turn over in the apartments, salon is on 2nd year into a 5 year lease. Apartments produce $28,200 gross annually, commercial + rally rental gross $15,150 annually. The main building was built in 1996 with a freshly remodeled main floor in 2016, newer HVAC systems, separate MDU and electric meters. Landowner pays city water/sewer/garbage. Apartments in newer building have 2bed and 2bath, older apartment building has 2 bed 1bath upstairs and a 1bed 1bath on ground level.

    Monthly Payment Calculator



    © 2018 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. 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. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Realty Black Hills are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Data last updated: 2018-08-15T15:45:27.02.
    www.buyandsellblackhills.com/homes/79757974

    920 1st Street Sturgis, SD 57785

    • Price: $412,000
    • Status: Active
    • Updated: 66 min ago
    • MLS #: 56982
    0
    Beds
    0
    Baths
    0
    ½ Baths
    Less than 0.5
    Acres
    1996
    Built
    Neighborhood:
    Sturgis
    Area:
    Sturgis
    Property Description
    A great income producing commercial property in a high traffic area of downtown Sturgis! This property has 4 apartments and one large 2700 sq ft office space. Very low turn over in the apartments, salon is on 2nd year into a 5 year lease. Apartments produce $28,200 gross annually, commercial + rally rental gross $15,150 annually. The main building was built in 1996 with a freshly remodeled main floor in 2016, newer HVAC systems, separate MDU and electric meters. Landowner pays city water/sewer/garbage. Apartments in newer building have 2bed and 2bath, older apartment building has 2 bed 1bath upstairs and a 1bed 1bath on ground level.
    Exterior Features

    Construction Frame Parking Street Parking

    Interior Features

    Approx Building Sq Ft 5400 Cooling Refrig. C/Air Heating Natural Gas

    Property Features

    Auction YN No Commercial Property Type Ci Land W/Building Extras Hi-Traffic LocationHigh Visibility For Sale Or Rent For Sale Occupant Long Term TenantShort Term Short Sale No Subdivision YN No Type Lot Other

    Listing information © 2018 Mount Rushmore Area Association of REALTORS®., Inc
    Listing provided courtesy of David Wilson of Sturgis Real Estate & Auctions, Inc..


    © 2018 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. 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. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Realty Black Hills are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Data last updated: 2018-08-15T15:45:27.02.
     
    Keller Williams Realty Black Hills
    3025 1st Avenue, Suite #2
    Spearfish SD, 57783