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    541 Mount Rushmore Rd Custer, SD 57730

    For Sale
    $1,200,000

    Established Eatery w/ Apartment

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional investment opportunity presents a thriving bakery and cafe in Custer, South Dakota, situated on a prominent, high-traffic location. The business, known for its popularity among locals and tourists alike, operates seasonally from April to October, serving breakfast and lunch. This turnkey operation includes the real estate, all furniture, fixtures, equipment, inventory, and supplies, ensuring a seamless transition for the new owner. The main floor encompasses approximately 3,225 square feet of restaurant and kitchen space, perfectly designed for efficient service and comfortable dining. A significant advantage is the inclusion of a second-floor apartment, approximately 1,000 square feet, featuring two bedrooms and one bathroom. This versatile space offers potential for owner/employee housing or generates additional income as an Airbnb or long-term rental. The 0.1-acre lot provides ample space for outdoor seating or expansion. Detailed financial information is available upon execution of a confidentiality agreement. Note that photos reflect the property's appearance after the seasonal closure. This is a rare chance to acquire a well-established, profitable business with significant upside potential in a desirable Black Hills location. The asking price for this complete package is $1,200,000.

    Property Features for 541 Mount Rushmore Rd

    General Information

    Property type
    Retail properties
    Lot Size
    4,356 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Custer
    County
    Custer
    State
    South Dakota
    Longitude
    -103.5993
    Latitude
    43.76688

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    FAQs

    What type of property is this?
    Retail property - Established Eatery w/ Apartment
    Where is this retail property located?
    The property is located at 541 Mount Rushmore Rd Custer, SD.
    What is the asking price?
    The asking price for this property is $1,200,000.
    (605) 721-1257
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    541 Mount Rushmore Rd Custer, SD 57730
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