Rim Rock Lodge | 10888 Rimrock Pl
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Rim Rock Lodge 10888 Rimrock Pl
6 Room Hotel Spearfish, SD 57783 £2,089,142 (£348,190/Room)
Investment Highlights
- Historic income property on 6.29 acres adjacent to trout-rich Spearfish Creek in spectacular Spearfish Canyon
- Turn-key seasonal resort also includes significant redevelopment potential, including the prospect of redevelopment subject to planning approval
- Vintage 1919 lodge with large decks and a kitchen for catered public events and a small studio for rental or staff housing
- Rental opportunities include 6 seasonal cabins, and a 4,000+ sq ft modern residence with a breathtaking owners’ suite and three luxury rental suites
- Surrounded on three sides by National Forest with unparalleled views of Spearfish Canyon
- Stand-alone giftshop and gallery offering beer, wine, and lite bites
Executive Summary
MLS#: 81071. Seasonal vacation business and/or legacy family retreat in tax-free South Dakota! Rare opportunity to own a historic property on 6.29 acres adjacent to trout-rich Spearfish Creek in spectacular Spearfish Canyon. Rim Rock Lodge, a short 5 miles from the thriving community of Spearfish, is surrounded on three sides by National Forest and boasts unparalleled views of Spearfish Canyon. Turn-key seasonal resort includes significant redevelopment potential (subject to County approvals). The business has an excellent reputation and stunning curb appeal. The property consists of 6 cabins; a 4,000+ sq ft modern residence with a breathtaking owners’ suite and three luxury guest suites; a 1919 lodge with large decks and kitchen for catered public events; and a standalone gift shop and gallery offering beer, wine, and lite bites. The possibilities are endless – seasonal resort, year-round rentals, or legacy family retreat. The property includes a new well (2017) and approved septic upgrades for a potential restaurant (2023). The smaller parcel (2.61 acres) comes with covenants, but the larger parcel (3.68 acres) comes with no covenants. Hurry - it just doesn’t get any better than this. Pre-qualified buyers by appointment only. https://blackhills.evrealestate.com/properties/our-listings/10900-Rimrock-Spearfish-SD-57783-MountRushmore-81071.
Property Facts Under Contract
| Price | £2,089,142 | Lot Size | 6.29 AC |
| Price Per Room | £348,190 | Building Size | 7,480 SF |
| Sale Type | Investment | No. Rooms | 6 |
| Property Type | Hospitality | Number of Floors | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1934/2015 |
| Building Class | B | Corridor | Exterior |
| Price | £2,089,142 |
| Price Per Room | £348,190 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 6.29 AC |
| Building Size | 7,480 SF |
| No. Rooms | 6 |
| Number of Floors | 3 |
| Year Built/Renovated | 1934/2015 |
| Corridor | Exterior |
Amenities
- Balcony
- On-Site Retail
- High Speed Internet Access
- Patio
- Public Access Wi-Fi
- Fully-Equipped Kitchen
- Multi-Room Suites
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 6 | £214.39 | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £75,420 | |
| Land Assessment | £280,399 | Total Assessment | £355,819 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£280,399
Improvements Assessment
£75,420
Total Assessment
£355,819
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Rim Rock Lodge
Rim Rock Lodge | 10888 Rimrock Pl
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