Back to Previous Page 23835 Hwy 385

Premier Black Hills Retail Building

$3,100,000

Bldg 14,939 SF | Land 8.56 Acres | Class A

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Property Information

List Price $3,100,000

Zoning Highway Service

Bldg SF 14,939

Bldg $/SF $208

Year Built 1959

County Pennington

Acres 8.56

Bldg Class A

Property Overview

Versatile investment opportunity featuring the former Addie Camp retail and event building, along with 2 unit vacation rental home and a small cabin, set on 8.56 acres. The General Store spans 8,779 square feet and includes a commercial kitchen, bar, event area, and administrative offices, making it ideal for hosting a variety of gatherings. The outdoor ceremony lawn can accommodate up to 200 guests. The vacation rental, a spacious 4,000-square-foot, 2 level building, offers four bedrooms and two bathrooms upstairs, plus a two-bedroom, one-bathroom unit downstairs. An attached 1,400-square-foot garage provides ample storage or parking. Additionally, a charming historic cabin, built in 1959 and renovated in 2014, adds character to the property and can be used as a managers quarters or additional rental. All situated at the center of the Black Hills Tourism industry with high traffic counts on Hwy 385.

Highlights

- Inviting vacation lodging, perfect for visitors seeking a home away from home. 
- Property offering multiple investment opportunities
- General Store with commercial kitchen, bar, event area, and offices
- Includes a 200-person outdoor ceremony lawn, built in 2021
- Two-unit vacation rental house and cabin available on land


Listing Agent

Chris Long

Chris Long

Commercial Broker

(605) 939-4489

Chris began his career in Denver, CO as a research associate for The Meyers Group. During his time in this position, he led the new development research group and published monthly reports on sales trends and absorption rates in the local market.In 2003 he joined UDR, Inc., a national real estate investment trust focused on the multifamily sector. During his tenure with UDR, he held positions of financial analyst, operational strategist and 4 years as Director of Pricing and Revenue Management. Chris led a team in a nationwide rollout of yield management software for over 230 properties which led to industry wide adoption and industry leading revenue growth.After moving to South Dakota in 2010, Chris joined Sandra Runde and formed the only team in Western South Dakota solely focused on commercial real estate sales and leasing. Over the past 12 years, the KW Commercial team has led the market in both commercial sales and commercial leasing volume. In the last 3 years his team has sold and leased nearly $200 Million in real estate placing them #1 in the North Central Region and ranked in the top 10 for KW Commercial nationwide.

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