57-Key Hospitality
109 Main Street Hill City, SD 57745
109 Main Street, Hill City, SD, 57745
Contact for pricing
For Sale
Contact for pricing
For sale hospitality property featuring 57 keys at 109 Main Street in Hill City, South Dakota.
Property Size19,520 SF
Price / SF$143.44
Days on Market118
Property Features for 109 Main Street
General Information
- Standard status
- Active
- Size
- 19,520 SF
- Property subtype
- Hospitality
Building Details
- Year Built
- 1984
Listing agency
NAI Sioux Falls
(605) 444-7117
Listed by
Dale Zomer · License #SD 16458
Source
Crexi
Added: Mar 26 Updated: Jul 20 at 4:34PM Checked: Jul 21 at 6:35AM
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 NAI Sioux Falls
Investment Insights
Based on property information with market context.
This for-sale hospitality property offers 57 keys, positioned as a straightforward motel-style lodging asset. The offering is presented as a single hospitality asset, with unit capacity defined by the 57-key count.
The property is located at 109 Main Street in Hill City, South Dakota. Its Main Street address places it directly within the town’s established commercial corridor.
With 57 keys total, the building is configured to operate as an overnight lodging business, providing an accommodation base sized for a mid-scale hospitality operation.
The property is located at 109 Main Street in Hill City, South Dakota. Its Main Street address places it directly within the town’s established commercial corridor.
With 57 keys total, the building is configured to operate as an overnight lodging business, providing an accommodation base sized for a mid-scale hospitality operation.
Key Highlights
- Hospitality property with 57 keys
- Built in 1984
- Located at 109 Main Street in Hill City, South Dakota
Local Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $269.4k | $13.80 |
| − Vacancy | −$32.3k | −$1.66 |
| EGI | $237.1k | $12.14 |
| − OpEx | −$124.5k | −$6.38 |
| NOI | $112.6k | $5.77 |
19,520 SF · lease $13.80/SF/yr · vacancy 12.00% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$1.61M
$1.41M – $1.88M
NOI $112,599 @ 7.0% cap · market cap 4.02%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.54M
$3.10M – $4.13M
NOI $247,709 @ 7.0% cap · market cap 8.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Motels
Similar For Sale Nearby
Similar Off Market Nearby
- Quality Inn Near Mount Rushmore — 616 Main St, Hill City, SD 57745
- Trails End Cabins & Motel — 320 Park St, Hill City, SD 57745
- Heart of the Hills Vacation — 349 Main St, Hill City, SD 57745
- EverSpring Inn & Suites — 616 Main St, Hill City, SD 57745
- McGregor & Main | Luxury Lofts — 285 Main St, Hill City, SD 57745
FAQs
What type of property is this?
Motel - For sale hospitality property featuring 57 keys at 109 Main Street in Hill City, South Dakota.
Where is this motel located?
The property is located at 109 Main Street Hill City, SD.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Hospitality property with 57 keys; Built in 1984; Located at 109 Main Street in Hill City, South Dakota
