520 Sioux Ave Pierre, SD 57501
- Hotels
- 46,803 SF
- 2.61 lot acres
Current Use by Public Records
- Hotels
Property Details for 520 Sioux Ave
- Year built
- 1978
- Lot size
- 2.61 lot acres
- Property size
- 46,803 SF
- Property type
- Hotels
- APN
- 007809
Description
This 74-room Days Inn & Suites in Pierre, South Dakota, presents a compelling investment opportunity. Located on a 2.61-acre lot at 520 W Sioux Ave, this two-story, 46,803 square foot hotel, built in 1978 and renovated in 2017, offers significant upside potential. Currently underperforming, the property is priced at $2,300,000 ($49.14/sq ft and $31,000/key), representing a strong value proposition for a discerning investor. The hotel benefits from a prime location near the state capitol, attracting government officials and business travelers. Its proximity to the Missouri River, Lake Oahe, and Lake Sharpe also caters to the significant fishing tourism market. Amenities include a lobby, breakfast area, fitness and business center, and ample parking, including a secured lot for boat storage and a cleaning station for fish and game. The property's existing infrastructure and strategic location, combined with the potential to tap into the robust tourism and outdoor recreation market in Pierre, make this a unique opportunity for growth and profitability in the hospitality sector. The APN is 007809.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pierre
- County
- Hughes
- State
- South Dakota
- Longitude
- -100.35966683
- Latitude
- 44.37092047
