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8,700 sqft

$2,300,000

632 Mt. Rushmore Road, Custer SD, 57730

Price per sqft$264.37
Built in1950
Property size8,700 sqft
Property typeCommercial

Overview

Active

Listed Apr 6, 2026

Updated 29h ago

CREAM OF THE CROP! EXCELLENT LOCATION! Doesn't get more TOP-TIER than this! Overflowing w/ commercial & investment lucrativity, these 6 prime short-term/vacation rental apartments reside in a great, high-traffic downtown Custer location. The “BASECAMP” modern upstairs loft apts each offer a fully equipped kitchen, dining area, gathering space, 1-3 bdrms, 1-2 baths, & sofa bed. BUILDING COMPLETELY RENOVATED in 2022 – new wiring, plumbing, sprinkler system upstairs, insulation, windows (except main level front windows), floor coverings, fixtures, appliances, paint, & the list goes on & on!! The 4,350 sqft main level retail space is currently leased out providing reliable income year-round. Basecamp numbers have steadily grown each year & the reviews are amazing! The light & bright feel of the rooms w/ every imaginable convenience are a delight to guests that like to walk the town & go out to eat or for a drink w/o driving. One could never rebuild this building in this location for anywhere near this price – let alone the income! Custer has a bustling summer tourist season & features a new Mayo Clinic-affiliated Hospital, strong K-12 school system & a thriving tourist district w/ restaurants & shops. Why does business make sense in South Dakota? NO corporate income tax. NO franchise or capital stock tax. NO personal property or inventory tax. NO personal income tax. NO estate & inheritance tax. Perfect for anyone looking to expand in the thriving Black Hills tourism market!!!

Also listed on BHAR

Broker Reciprocity Courtesy of Lewis Realty

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the SD - Mount Rushmore Area Association of REALTORS®. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Heartland Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

 

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