677 Main St Deadwood, SD 57732
For Sale
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This exceptional investment opportunity presents a fully operational, historic building in Deadwood, South Dakota. The 3-story, 3,800 square foot free-standing structure, built in 1879 and extensively renovated in 2019, boasts a prime location on Main Street (677 Main St, zip code 57732) within the vibrant Deadwood area. Currently operating at 100% occupancy, the property comprises a successful casino, a separate bar, and a fine-dining restaurant, all under one roof. The C1 zoning ensures flexibility for continued operation or potential expansion. This landmark building, with its rich history and prominent street presence, offers a unique blend of established profitability and significant potential for future growth. The property's timeless charm and character, combined with its strategic location, create an unparalleled opportunity for investors seeking a distinguished presence in a thriving tourist destination. The asking price is $7,000,000. This is a rare chance to acquire a piece of Deadwood's history and capitalize on its enduring appeal.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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.