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Property profile & analytics
FOR SALE
Showrooms

677 Main St Deadwood, SD 57732

3,800 SF 0.09 ac lot Built 1879
Entity Owned Free & Clear
Property ID
US79-0520918
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1879
Total area 3,800 SF
Lot 0.09 ac (3,920 SF)
APN 30025-01800-070-00
UPID US79-0520918
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$455k
CAP Approach CAP
by Request
Comparable Approach Comparable
$775k
Blend (final) Blend
$615k
Owner & transaction history
LAMAR FEED & GRAIN LLC
LAMAR FEED & GRAIN LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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