242 Mt. Rushmore Rd Custer, SD 57730
This 1,728-square-foot warehouse, situated on a 0.18-acre lot in Custer, South Dakota, presents a unique investment opportunity. Located at 242 Mt. Rushmore Road, this commercial property boasts a prime location in the heart of the Black Hills, just 50 miles from Rapid City and within close proximity to major tourist attractions such as Crazy Horse Memorial and Wind Cave National Park. The property's strategic position along South Dakota State Highway 385 ensures consistent traffic flow from both local residents and tourists. Previously operating as a successful laundromat, the building has undergone recent updates, including improvements to both the structure and equipment. The property's industrial zoning and versatile layout offer potential for a variety of commercial uses. The asking price is $399,000. This turnkey operation offers a rare chance to acquire an established business in a thriving area with high tourism and a strong local economy. The property's history as a laundromat, with its existing equipment and loyal customer base, presents a compelling opportunity for a new owner to continue its success or adapt the space to a different commercial venture. The 0.18-acre lot provides ample space for expansion or outdoor storage. This is an exceptional opportunity to own a piece of the Black Hills' vibrant commercial landscape.
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.