16451 SHERIDAN LAKE RD $1,625,000

    Close

    16451 SHERIDAN LAKE RD Rapid City, SD 57702

    Active

    $1,625,000

    Request Info
    • 0 Beds
    • 0 Baths
    • Business/Industry
    • MLS# 144206
    Favorite Share
    Views: 190 Days On Market: 268

    Go Tour This Home

    Schedule A Showing

    Property Details

    BEAUTIFUL SHERIDAN LAKE MARINA & HORSE CREEK INN & RESORT Both located off of Hwy 385 just 1 mile from each other, this is a great opportunity for anyone looking for a profitable, seasonal business opportunity. Multiple revenue streams-historic popular restaurant, nightly RV sites, 8 guest cabins, park model sales and rentals with acreage available for expansion of campground at Horse Creek (MLS #140769). Sheridan Lake Marina, a full-service marina on popular Sheridan Lake, offers dock rentals (118 slips, all new docks), boat, jet ski and water sports equipment rentals, and a 3 bed/1 bath vacation rental. Marina land is on a long-term lease with the Forest Service; proposal for future development of 10 new cabins, shower house and picnic pavilion behind the marina have initial Forest Service approval. Request full marketing package for details and financial summary. Listed by Chris Long, 605-939-4489, Keller Williams Realty Black Hills.

    Contact

    CHRISTOPHER LONG

    KELLER WILLIAMS REALTY BLACK HILLS

    KELLER WILLIAMS REALTY BLACK HILLS

    Primary: 605-939-4489

    Neighborhood

    57702 (Rapid City) Demographics

    45 Median Age
    119 Population Density (per sq. mile)
    52% College Educated
    $66,763 Estimated Median Income
    10,916 Estimated Total Home Owners
    3,420 Estimated Total Renters
    76% / 24% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    34,709 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    109 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,625,000
        2/3/2020 3:24:27 PM Price Reduced Source New Value: $1,625,000 -4.36%
        12/20/2019 6:24:17 PM Status Changed Source New Value: ACTIVE
        9/24/2019 6:24:25 PM Status Changed Source New Value: U/C RIGHT OF REFUSAL
        6/4/2019 2:25:00 PM New in Database Source New Value: $1,699,000

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        *This Payment Calculator is intended for educational and planning purposes only.
        The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of the Black Hills Association of REALTORS®.