This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.
This Hospitality Property is no longer advertised on LoopNet.com.

920 S 3rd Ave
Clear Lake, SD 57226

Americas Best Value Inn & Suites Clear Lake · Hospitality Property For Sale · 20,430 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.14 AC
Building Size 20,430 SF
No. Stories 2
Year Built/Renovated 1994/2006
Parking Ratio 5.08/1,000 SF
Corridor Interior

Amenities

  • Pool
  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free

About 920 S 3rd Ave , Clear Lake, SD 57226

BACK ON MARKET! PRICE REDUCED! MOTIVATED SELLER! PROPERTY HIGHLIGHTS • Priced at Less than 2x GRRM Based on 2020 Sales • Absentee Managed by Owners Out of State • Managers Quarters On-Site • Very Limited Competition, Only Hotel in Town • Majority Business Derived from Repeat and Walk-In Business • Next Nearest Hotel 20 Miles Away • Over 25.2% CAP Rate Financing Available

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3718
Land Assessment
$28,590
Improvements Assessment
$463,800
Total Assessment
$492,390

zoning

Zoning Code C-1 (Commercial)
C-1 (Commercial)
  • Listing ID: 21362337

  • Date on Market: 10/29/2020

  • Last Updated:

  • Address: 920 S 3rd Ave, Clear Lake, SD 57226

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}