See Home Value
Custer 57730
508 Mt. Rushmore Road
$809,726*
Commercial - Off Market

508 Mt. Rushmore Road

Custer, SD 57730
bedrooms
Studio
bathrooms
0 Bath
square feet
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.
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
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
2,200 ft²
$307/ft²
$675,000 Jan 19, 2024
-
-
House
4 Beds
2.5 Baths
3,040 ft²
$222/ft²
$675,000 Apr 9, 2024
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20201007
10/07/2020
Loft
-
1750 ft²
$699,000
bedrooms
Loft
bathrooms
-
square feet
1750 ft²
-
-
-
-
20190316
03/16/2019
Loft
-
1750 ft²
$750,000
bedrooms
Loft
bathrooms
-
square feet
1750 ft²
-
-
-
-

Building Info

508 Mt Rushmore Road 508 Mt Rushmore Road, Custer, SD 57730
More about this Building
508 Mt Rushmore Road
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About Custer


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