$809,726*
●
Commercial -
Off Market
508 Mt. Rushmore Road
Custer, SD 57730
Studio
0 Bath
1750 Sqft
$540,000 - $658,000
Reference Base Price*
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
If you have ever dreamed of owning a piece of history, here is your
opportunity! The historic 'Gold Pan Saloon' is one of the Black
Hills oldest and continous operating bar/saloon businesses. Located
in the historic business section of downtown Custer, South Dakota.
The existing structure was built in 1928 and underwent a major top
to bottom restoration and remodeling project during the years of
2016 & 2017, under the supervision of current ownership. There was
no expense spared during the restoration & renovation. Pride of
ownership is apparent and is showcased throughout. Turn key
business inclusive of the real estate, fixtures, furniture,
equipment, glassware, Custer City liquor license and anything else
pertaining to the business know as the Gold Pan Saloon. Custer City
liquor license fee is $1200 annually plus 10% of invoiced liquor
and beer purchases. Liquor license is transferrable upon approval
by Custer City leadership. Top of the line furnishings including
Old Hickory bar stools and chairs. Outside covered patio. Great
clientele and reputation. Perishable liquor, beer, wine and paper
inventory to be purchased separately at closing. Seller is willing
to train. Seller will consider Contract for Deed financing. Some of
the decor and taxidermy mounts that are owned and on loan from
other parties are not included with the sale.
The manager has listed the unit size as 1750 square feet.
The manager has listed the unit size as 1750 square feet.
Unit Size
1,750Ft²
Days on Market
-
Land Size
0.01 acres
Price per sqft
$342
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1928
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Sep 17, 2020 | No longer available | - | |
No longer available | |||
Mar 17, 2020 | Price Decreased |
$599,000
↓ $51K
(7.9%)
|
|
Price Decreased | |||
Nov 2, 2019 | Price Decreased |
$650,000
↓ $100K
(13.3%)
|
|
Price Decreased | |||
Mar 16, 2019 | Listed | $750,000 | |
Listed |
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
10/07/2020
|
|
Loft
|
-
|
1750 ft²
|
$699,000
Loft
-
1750 ft²
|
-
-
|
-
|
-
|
03/16/2019
|
|
Loft
|
-
|
1750 ft²
|
$750,000
Loft
-
1750 ft²
|
-
-
|
-
|
-
|