41 N 4th Street, Custer, SD 57730

$415,000

Property Description

Here's an opportunity to own one of Custer's most historic buildings with a lease in place and an opportunity for additional revenue. Building is comprised of two one-bedroom, one bath apartments and one front retail space. Bottom two units are leased and upstairs apartment has been a rental but its highest and best use is as a nightly rental. Future uses are endless as a gift shop, floral shop, spa, restaurant, bike shop, outdoor shop and more. Each unit has separate entrances and one has a garage. Also ADA compliant restroom on front retail space. Building has fiber optics. Building was moved to its location after being Custer's first Livery in the late 1800s! Previous owners took it down to the studs, remodeling all including lifting the building and adding a new basement! Recent owners improved it further with new exterior paint (July 21), new roof, new gutters (July 21), 7 new windows, recent landscaping, added separate utility meters for upstairs/downstairs units, and more.

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Listing courtesy of Aspen+Pine Realty.