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    OFF-MARKET
    Commercial real estate

    23204 Summer Creek Dr, Rapid City, SD 57702

    9,863 SF 1.84 ac lot Built 2009
    Property ID
    US79-0205472
    Property summary
    AI-generated overview

    The Summer Creek Inn, a premier hospitality property in Rapid City, South Dakota, presents a unique investment opportunity. This 9,863 square foot establishment, built in 2009, boasts 10 luxurious boutique suites, each featuring a private ensuite bathroom. Beyond the guest accommodations, the property includes a separate manager's apartment, providing convenient on-site management. The impressive event venue is perfect for weddings, corporate retreats, or other special occasions. The 1.84-acre lot showcases breathtaking natural beauty, including a captivating waterfall, meticulously landscaped gardens, and inviting starlit patios – ideal for creating unforgettable experiences. Two fully equipped commercial kitchens support both guest services and event catering needs. Strategically located in the heart of the Black Hills, the inn enjoys unparalleled access to major attractions such as Mount Rushmore, Crazy Horse Memorial, Hill City, Deadwood, and Custer State Park, ensuring a consistent stream of potential guests. The asking price is $3,700,000, translating to $375.14 per square foot. This exceptional property offers a blend of luxury accommodations, event capabilities, and prime location, making it an attractive investment in the thriving Black Hills tourism market. The property is situated at 23204 Summer Creek Drive, Rapid City, SD 57702, and is adjacent to Black Hills National Forest.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 2009
    Total area 9,863 SF
    Lot 1.84 ac (80,150 SF)
    UPID US79-0205472
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Summer Creek Inn Bed & Breakfast Restaurant
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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