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    1/2 BATHS
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Listing Details

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School Ratings & Info

Description

Turn-key investment opportunity to own a well established motel and storage units on a large .74 acre lot! Convenient location on Highway 18 in Canton with access from both College St. and 5th St. Located nearby Pizza Ranch, Taco Johns, Sunshine Foods, Auto Pros, and two gas stations. The current owners have poured their heart and soul into this property. It's a great opportunity for an owner operator or an investor because the work has already been done, and it can qualify for owner-occupied tax status with business write-offs and tax deductions. The motel has over 4,000 sq.ft. of living space divided into 14 units and a Managers/Owners suite. Additional revenue potential with lot/land/parking/storage units, in addition to vending machines and coin operated laundry. Canton attracts travelers and industry professionals from I-29 as well as the bordering state of Iowa. Invest today in the established and growing community of Canton!

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Tyler Goff Group - Hegg Realtors are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-09-17T15:18:20.307.
www.siouxfallsrealestatesearch.com/homes/119891389
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812 E 5th St Canton, SD 57013

  • Price: $359,000
  • Status: Active
  • Updated: 31 min ago
  • MLS #: 22104483
0
Beds
15
Baths
0
½ Baths
0.74
Acres
4,070
SQFT
$88
$/SQFT
1956
Built
Neighborhood:
College Addn
County:
Lincoln
Area:
Sf-90
Property Description
Turn-key investment opportunity to own a well established motel and storage units on a large .74 acre lot! Convenient location on Highway 18 in Canton with access from both College St. and 5th St. Located nearby Pizza Ranch, Taco Johns, Sunshine Foods, Auto Pros, and two gas stations. The current owners have poured their heart and soul into this property. It's a great opportunity for an owner operator or an investor because the work has already been done, and it can qualify for owner-occupied tax status with business write-offs and tax deductions. The motel has over 4,000 sq.ft. of living space divided into 14 units and a Managers/Owners suite. Additional revenue potential with lot/land/parking/storage units, in addition to vending machines and coin operated laundry. Canton attracts travelers and industry professionals from I-29 as well as the bordering state of Iowa. Invest today in the established and growing community of Canton!
Exterior Features

Access City StreetSidewalksState Highway Construction Frame Loading None Parking Capacity 11-20 Parking Description Paved Parking Location On Site Road Surface AsphaltConcrete Roof Composition

Interior Features

Bath Type In Suite Cooling Other Floors CarpetTileVinyl Heat Source ElectricNatural Gas Heating Unit Heater Safety Features Exterior LightingSecurity SystemSmoke Detector

Property Features

Additional Financial Info Yes Additional Property Info None Amenities Outside StorageGarageShelvingInside StoragePrivate RestroomLiving AreaShared Break Room Bank Owned REO No Building Name Gateway Motel Commercial Type Business Opportunity Disabled Access Level Lot Inside City Limits YN Yes Possession ImmediateNegotiable Sale Includes BuildingsBusinessEquipmentFixture(S)FurnitureInventoryLand Sale Or Lease For Sale Only Services City WaterCurb/GutterNatural GasSanitation Sewer Short Sale No Special Use Description Motel - Storage Units - Camper Parking Sq Ft Source Tax Data Taxes 3967.54 Zoning General Commercial

Listing provided courtesy of Nick Thompson of Keller Williams Realty-Sf. © 2021 REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. All Rights Reserved. Information Deemed Reliable But Not Guaranteed.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Tyler Goff Group - Hegg Realtors are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-09-17T15:18:20.307.
 
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Tyler Goff Group - Hegg Realtors
2804 E 26th Street
Sioux Falls SD, 57103