• FlatIron Historic Sandstone Inn - 745 N River St, Hot Springs, SD 57747

For Sale

Retail

For Sale

This property is available for sale
0.25
Acres
$579,000
Sale Price
  • Year Built
    1911 (Renovated 2008)
  • Total Building Size
    6,300 RSF
  • Overview

    Turn-key FlatIron Historic Sandstone Inn. Uniquely decorated and comes complete with all decor, furniture and fixtures. 6 suites plus 3 sleeping rooms. Main level has entry, staircase to upper level, library, 2 restrooms and Suite #7 with access to covered patio and courtyard. Also includes the 3 sleeping rooms (#5, #6, #8). Upstairs has Suites #1-#4. Basement apartment is Suite #9 and has separate outside entrance. Currently being used as a long term rental. Basement entry though library and has utility area, washer and dryers, extra linen storage and shelving. Main floor has upgrades for electrical and plumbing. New in floor heat. New windows on the main floor installed in 2018 (approx. 23K). The windows on the upper level were updated in the 90's. New registers upstairs and full building renovation since 2001. All rooms have recent updates with new paint and 3 rooms with new carpet. Mostly hardwood flooring throughout. Weathercraft rubberized roofing, new soffits and down spouts. Balconies, decks and patios. New back sidewalk, new parking lot and the entire courtyard. The courtyard has custom made rod iron fencing and gates, water feature pond, BBQ hut with covered grill area. Picnic area, gazebo and seating. Pergolas and landscaped with perennials, walnut tree, grapes, plum tree, red hibiscus and native grasses. Courtyard offers separate lease for events. The FlatIron Inn is a unique venue for weddings, reunions and special gatherings.

    Bookings are connected to Airbnb. All websites and booking site information is transferable to new owners. With all that is going on in Hot Springs the future of occupancy and income improvement definitely has potential. Beat the trend and own your own vacation rental business in beautiful Hot Springs, the southern gateway to the beautiful Black Hills, with Moccasin Spring mineral spa., The Mammoth Site, Wild Horse Sanctuary, Angostura Reservoir, and the warm water river that runs through town to name a few of the attractions. Plenty of options to live on site or manage afar!

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Property Details

Turn-key FlatIron Historic Sandstone Inn. Uniquely decorated and comes complete with all decor, furniture and fixtures. 6 suites plus 3 sleeping rooms. Main level has entry, staircase to upper level, library, 2 restrooms and Suite #7 with access to covered patio and courtyard. Also includes the 3 sleeping rooms (#5, #6, #8). Upstairs has Suites #1-#4. Basement apartment is Suite #9 and has separate outside entrance. Currently being used as a long term rental. Basement entry though library and has utility area, washer and dryers, extra linen storage and shelving. Main floor has upgrades for electrical and plumbing. New in floor heat. New windows on the main floor installed in 2018 (approx. 23K). The windows on the upper level were updated in the 90's. New registers upstairs and full building renovation since 2001. All rooms have recent updates with new paint and 3 rooms with new carpet. Mostly hardwood flooring throughout. Weathercraft rubberized roofing, new soffits and down spouts. Balconies, decks and patios. New back sidewalk, new parking lot and the entire courtyard. The courtyard has custom made rod iron fencing and gates, water feature pond, BBQ hut with covered grill area. Picnic area, gazebo and seating. Pergolas and landscaped with perennials, walnut tree, grapes, plum tree, red hibiscus and native grasses. Courtyard offers separate lease for events. The FlatIron Inn is a unique venue for weddings, reunions and special gatherings.

Bookings are connected to Airbnb. All websites and booking site information is transferable to new owners. With all that is going on in Hot Springs the future of occupancy and income improvement definitely has potential. Beat the trend and own your own vacation rental business in beautiful Hot Springs, the southern gateway to the beautiful Black Hills, with Moccasin Spring mineral spa., The Mammoth Site, Wild Horse Sanctuary, Angostura Reservoir, and the warm water river that runs through town to name a few of the attractions. Plenty of options to live on site or manage afar!

  • Property Type
    Retail
  • Year Built
    1911Renovated 2008
  • Sale Price
    $579,000
  • Total Building Size
    6,300RSF
  • Total Acres
    0.25
  • Number of Floors
    2
  • Property ID
    2088516

Landlord's Sales Representative

  • Darla J Stevens
    Century 21 Stevens & Associates, Inc.