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211 Iowa Ave Platte, SD 57369

Sponsored
For Sale
$1,100,000

16-bed facility, excellent income potential

Property size:
8,467 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional assisted living facility, situated at 211 Iowa Ave in Platte, South Dakota, presents a lucrative investment opportunity. The property, totaling 8,467 square feet on a 14,000 square foot lot, boasts a spacious layout designed for comfortable senior living. Originally constructed in 1994, the facility underwent significant renovations in 2017, enhancing its appeal and functionality. The renovations included the addition of eight studio rooms, a modern salon, a convenient laundry room, a welcoming dining area, a private office, and a shared main bathroom. The existing six one-bedroom units were retained, ensuring a diverse range of accommodation options. The fully remodeled kitchen, completed in 2017, is equipped to cater to the dietary needs of residents. Most bedrooms feature private restrooms for added convenience and privacy. Licensed for 16 residents, this well-maintained property offers a strong foundation for continued success in the growing senior care market. The asking price is $1,100,000, translating to $129.92 per square foot. This represents a compelling investment in a thriving community within Charles Mix County, South Dakota, zip code 57369. The property's location offers easy access to local amenities and services, further enhancing its desirability.

Property Features for 211 Iowa Ave

General Information

Property type
Retirement homes
Square Feet
8,467 SF

Building Details

Year Built/Renovated
1994/2017

HighLights

  • 8,467 SF assisted living facility on a 14,000 SF lot in Platte, SD.
  • Built in 1994, extensively renovated in 2017.
  • Features 14 units (8 studios, 6 one‑bedrooms), a salon, laundry room, dining area, office, and updated kitchen.
  • Licensed for 16 residents.
  • Asking price: $1,100,000 ($129.92/SF).
Property Profile Location Intelligence

Current Use by Public Records

Twilight Vista Assisted ... Assisted Living Facility

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Pharmacy Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Platte
County
Charles Mix
State
South Dakota
Longitude
-98.8376487
Latitude
43.3884687

FAQs

What type of property is this?
Retirement home - 16-bed facility, excellent income potential
Where is this retirement home located?
The property is located at 211 Iowa Ave Platte, SD.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 8,467 SF assisted living facility on a 14,000 SF lot in Platte, SD.; Built in 1994, extensively renovated in 2017.; Features 14 units (8 studios, 6 one-bedrooms), a salon, laundry room, dining area, office, and updated kitchen.
More about this property
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