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Kones Korner | 18299 US Highway 81
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Kones Korner 18299 US Highway 81
3,600 SF Retail Building Castlewood, SD 57223 £1,101,479 (£306/SF)
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INVESTMENT HIGHLIGHTS
- Four fuel tanks and two gas pumps with 4 hoses per side..
- Motivated seller - owner is willing to help transition.
- Gross Revenue (past two years): $2.8 Million.
- Includes FF&E and +/- 65 animal mounts.
- Additional real estate rental income potential: +/-$25,000/year.
- Financials provided with signed NDA.
EXECUTIVE SUMMARY
60-year-old successful business and real estate for sale. Main building is 3,600 square feet built in 2004. The video lottery in main building is on a contract. Site also features a rental house 1,792 square feet built in 1920, detached garage 1,120 SF built in 2006, and a storage building 4,180 square feet built in 2020. Inventory currently available for $700,000 - (final price settled at closing).
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Convenience Store
Building Size
3,600 SF
Building Class
C
Year Built
2004
Price
£1,101,479
Price Per SF
£306
Tenancy
Single
Number of Floors
1
Building FAR
0.03
Lot Size
2.67 AC
Zoning
Commercial
ABOUT 18299 US HIGHWAY 81 , CASTLEWOOD, SD 57223
Located about 10 miles directly south of Watertown.
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Kones Korner | 18299 US Highway 81
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