23858 Highway 385
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23858 Highway 385
4,960 SF Retail Building Hill City, SD 57745 $825,000 ($166/SF)
Executive Summary
Restaurant building was completely remodeled in 2018 and now stands as a prime destination for those seeking a memorable entertainment experience in the heart of the Black Hills, right outside of Hill City. Centrally located close to most top attractions in the Black Hills and adjacent to the Firehouse Campground & Cabins, this property offers convenience and charm. A standout feature is the large central bar, ideal for tap house or wine focus. The turn-key kitchen is equipped with hood, 6 burner stove, flat top, double ovens, and well designed prep space. Also included in the sale is a cool, approx. 77 SF. The parking lot offers 35 parking spots. Open seasonally, the location has consistently generated $800,000+ in gross sales. A successful track record and a prime location, this property presents a unique opportunity for investors looking to make their mark in the thriving restaurant and bar scene of the Black Hills. This building is being offered as the real estate only.
This building is being offered as the real estate only, business not included.
Legal Description: SPRING CREEK PALISADES; LOT 9 Township 1 South, Range 5 East, Section 21
This building is being offered as the real estate only, business not included.
Legal Description: SPRING CREEK PALISADES; LOT 9 Township 1 South, Range 5 East, Section 21
Property Facts Under Contract
Sale Type
Investment or Owner User
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Building Size
4,960 SF
Building Class
C
Year Built
2018
Price
$825,000
Price Per SF
$166
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.62 AC
Amenities
- Restaurant
PROPERTY TAXES
| Parcel Number | 0009115 | Improvements Assessment | $276,300 |
| Land Assessment | $141,100 | Total Assessment | $417,400 |
PROPERTY TAXES
Parcel Number
0009115
Land Assessment
$141,100
Improvements Assessment
$276,300
Total Assessment
$417,400
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23858 Highway 385
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