606 5Th St Brookings, SD 57006
- Investment properties
- 0.85 lot acres
Current Use by Public Records
- Central Park / Park / Playground
- 5th Street Gym / Gym
Property Details for 606 5Th St
- Year built
- 1987
- Lot size
- 0.85 lot acres
- Property type
- Investment properties
Description
This exceptional 18,000+ sq ft indoor recreation facility presents a unique business opportunity in Brookings, SD. Situated on a 0.85-acre lot at 606 5th St, this property offers ample space for a variety of indoor sports and recreational activities. Year-round operation is ensured by the indoor setting. The sale includes substantial equipment, enhancing immediate operational readiness. This includes six glass basketball hoops, four metal hoops, two automatic curtain partitions for versatile court configurations, three scoreboards with control pads, a stereo system, and numerous lockers in both upper and lower level storage rooms, along with two drinking fountains. Showings commence November 19th, 2024, by appointment only. All offers will be reviewed at the Brookings School District Regular Board Meeting on January 13th, 2024. The property is priced at $500,000. Please note that certain items are excluded from the sale, including the AED device, security system, and tennis/volleyball nets and standards. This is a turnkey opportunity for an entrepreneur seeking a thriving business venture in a vibrant community. The substantial square footage and included equipment provide a strong foundation for immediate revenue generation and long-term growth. Don't miss this chance to own a well-equipped, established indoor recreation center.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brookings
- County
- Other (Out of Jurisdiction)
- State
- South Dakota
- Longitude
- -96.795
- Latitude
- 44.3102
