107 E Main St, Bison, SD 57620

46 Photos
Street View
$627,000
Active for Sale
 
Listing ID 11199947
Property Type Commercial
Commercial Type HOSPITALITY, Hotel, HOSPITALITY, Hotel, HOSPITALITY, Hotel
County Perkins
Total Tax $5,674
Tax ID 000000-000.000-0007-7-10.000
FEMA Flood Map fema.gov/portal
Year Built 1971
Virtual Tour

Country Inn; Bison, SD: Motel For Sale

Welcome to the Country Inn, a remarkable hospitality gem nestled in the progressive community of Bison, South Dakota. Serving as a gateway to the scenic Black Hills, both the local community and this establishment flourish during the summer months and throughout the bountiful fall hunting and harvest seasons. Conveniently located on Main Street, the Country Inn stands a mere block away from an array of restaurants, bars, and essential community enterprises. With an illustrious history spanning over half a century, this cherished property has been under the stewardship of only two owners, with the present family owners pouring 28 years of dedication into its success. Discovering excellence in spaciousness, each of the meticulously designed motel rooms and the lodging suite has undergone a continuous process of enhancement and modernization. Notably, the executive manager's quarters stand as a testament to innovation, boasting a fully remodeled three-bedroom apartment that sets the standard for luxury and comfort. We extend an invitation to experience Western South Dakota's premier business opportunity of 2023 firsthand. Come and witness the splendor of the Country Inn, where a legacy of hospitality and prosperity converge in perfect harmony. Property Information: No. Rooms: 11 8 - Double Bed Rooms 2 - Triple Bed Rooms 1 - Lodge Suite - 6 Beds - 3 Bedrooms Kitchenette, Dining Table, Full Bath Building Size: 9,504 Sq. Ft.; 2 Levels at 4,752 Sq. Ft. Lot Size: 100' x 140' (14,000 SF) (.32 Acres) Lot Surface: Grass Lawn/Landscaping, Gravel/Cement Driveway/Walkways Amenities: On Site Laundry Room and Multiple Supply Storage Areas, Flat Screen TV's, A/C Units, Refrigerators, Business Fixtures Key Features: This hospitality facility has been well-maintained and updated with double and triple bed rooms and an extravagant lodge suite. There is potential for an additional room or suite to be renovated. Shaded backyard grilling patio available to guests, managers office with living space behind the lobby desk available for manager/operator. Garage: Detached 2 Stall Built in 2018 Cement Floor/Apron Unfinished/Uninsulated Living Quarters: Bedrooms: 3 Bath: 1 1/2 Kitchen: Newly remodeled cabinets and flooring with island Key Features: 2 living areas, 1 office area with half bath, commons meeting area/coffee foyer, tastefully remodeled in 2017. Financial Information: Income Tax Information and P/L Available Upon Request Listing Price: $627,000 Price/Room: $57,000 Cap Rate: 10.53% 2023 Room Rates: Single: $88; Double: $98; Triple: $105; Lodge: $240
Property Details
  • 1 Full Bath
  • 4752 SF
  • 0.32 Acres
  • 14000 SF Lot
  • Built in 1971
  • Renovated 2016
  • Available 8/17/2023
  • Full Basement
  • 4752 Lower Level SF
  • Lower Level: Finished, Walk Out, Kitchen
  • Renovation: Executive Apartment / Manager's Suite was renovated in 2016. The motel itself has been continually updated as necessary.
Interior Features
  • Carpet Flooring
  • Laminate Flooring
  • Baseboard
  • Wall/Window A/C
Exterior Features
  • Frame Construction
  • Aluminum Siding
  • Stone Siding
  • Asphalt Shingles Roof
  • Detached Garage
  • 2 Garage Spaces
  • Municipal Water
  • Municipal Sewer
  • Deck
  • Patio
  • Open Porch
  • Street View
  • City View
Community Details
  • Hotel (Bldg. Style)
Commercial Info
  • Country Inn (Business Name)
  • 10% Cap. Rate
Income/Expenses
  • Gross Income $136,512
  • Net Income $76,872
  • Total Exp $63,640
Taxes and Fees
  • $5,674 Total Tax
  • Tax Year 2022
Listed By
Pifer's Auction & Realty
Office: 701-523-7366
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