MLS® ID: 145046

1401 LAUREL AVE

Whitewood, SD, 57793

$649,000 ACTIVE
  • 8424 SQFT
WELL ESTABLISHED Family Restaurant and Lounge in Beautiful Whitewood, SD. Centrally located between Spearfish, Sturgis, Deadwood and Belle Fourche, all roads meet here in Whitewood and the Hideaway Restaurant is right in the center. Located on one of the first lots in town off of the Interstate, easy access, plenty of parking, tremendous food and newly remodeled with over $200K in improvements. Large well built building of 8424 sq. ft. with income of $800 per month from leased shop space in rear of building. A budding entrepreneur could convert shop space (50' x 60') into a needed community center for added revenue streams. Price includes all furniture and fixtures including full kitchen equipment. Current owners will train new owners. Building produces 8.5% cap rate at market rents plus restaurant income. A great package deal opportunity to own real estate and a known business. Call today for a visit to the Hideaway.
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Listing courtesy of KELLER WILLIAMS REALTY BLACK HILLS

Amenities

  • Zip
    57793
  • Office name
    KELLER WILLIAMS REALTY BLACK HILLS
  • SQFT
    8424
  • Property type
    Other
  • Year built
    0
  • Heating
    Gas,Forced Air
  • Agent name
    JON BRUE
  • Purchase Type
    Active
  • Full baths
    0
  • Half baths
    0

Location

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