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Boutique Hotel with Manager Apartment
For Sale
$2,890,000

103 Charles St, Deadwood, SD 57732

Operating boutique inn with 24 guest rooms, a connected manager’s apartment, and a rear four-stall garage.

Property Size9,304 SF
Price / SF$310.62
Days on Market116

Property Features for 103 Charles St

General Information

Standard status Active
Size 9,304 SF
Listing Agency: L'AVANCE CAPITAL AND REAL ESTATE
Listed By: JOSIAH LAFRANCE
Source: Exprealty
Added: May 13 Changed: Aug 20 Last Checked: Sep 4 at 10:43AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of L'AVANCE CAPITAL AND REAL ESTATE

Investment Insights

Based on property information with market context.

The Cedar Wood Inn is an operating boutique hospitality property featuring 24 guest rooms in multiple configurations, including queen, king, double, and premium suite layouts. The building also includes a three-bedroom manager’s apartment connected directly to the front office, supporting on-site management or nearby staff housing. At the rear of the property, there is a four-stall garage for equipment storage and vehicles, including covered parking during higher-volume events.

Located in Historic Deadwood, the property is described as steps from the area’s casinos, restaurants, bars, live entertainment, and nightlife. A city trolley stop is positioned directly at the front door, providing convenient access for arriving guests.

The offering is presented as a turnkey, reputation-established inn with an emphasis on an established guest base and year-round regional demand.

Key Highlights

  • Operating boutique inn in Historic Deadwood with 24 guest rooms
  • Room mix includes queen, king, double, and premium suite configurations
  • Three‑bedroom manager’s apartment connected directly to the front office

Property Analytics

Current Use

Hotels

Suggested Use

Top Pick Parking Lot & Garage Big Box & Wholesale Store HVAC Service Auto Parts Store Nail Salon (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

324
Businesses Nearby

Demographics for 57732, SD

1,965
Population
1,519
Households
1.3
Avg Household Size
55
Median Age
22%
College-Educated
92%
High-School Grad
125.5 sq mi
ZIP Area
16
Density / Sq Mi
$44,750
Median Household Income
$35,511
Median Earnings
$725
Median Rent
$279,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Operating boutique inn with 24 guest rooms, a connected manager’s apartment, and a rear four-stall garage.
Where is this hotel located?
The property is located at 103 Charles St Deadwood, SD.
What is the asking price?
The asking price for this property is $2,890,000.
What are key features of this property?
This property features: Operating boutique inn in Historic Deadwood with 24 guest rooms; Room mix includes queen, king, double, and premium suite configurations; Three‑bedroom manager’s apartment connected directly to the front office
More about this property
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