$412,000

920 1st Street, Sturgis, SD 57785, US

Summary

Style: CI Land w/Building
Year Built: 1996

Moving Quotes

primary photo for 920 1st Street, Sturgis, SD 57785, US

Remarks

A great income producing commercial property in a high traffic area of downtown Sturgis! This property has 4 apartments and one large 2700 sq ft office space. Very low turn over in the apartments, salon is on 2nd year into a 5 year lease. Apartments produce $28,200 gross annually, commercial + rally rental gross $15,150 annually. The main building was built in 1996 with a freshly remodeled main floor in 2016, newer HVAC systems, separate MDU and electric meters. Landowner pays city water/sewer/garbage. Apartments in newer building have 2bed and 2bath, older apartment building has 2 bed 1bath upstairs and a 1bed 1bath on ground level.

Details

MLS#: 56982
Price: $412,000

Style: CI Land w/Building
Year Built: 1996


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Broker Contact


Sturgis Real Estate & Auctions, Inc.
990 Main Street
Sturgis, SD, 57785
US
DAVID WILSON
! 605-347-7579
! dave@sturgissd.com
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Mt. Rushmore Area Association of Realtors
Last updated: 2018-06-14T18:47:00.000-05:00.
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