GlobalBX
GlobalBX Lite Edition Search 1000s of Businesses For Sale.  
Buy a Business, Sell a Business, and find a Business Broker here.  

Welcome to the GlobalBX Directory. This is a just small sample of our Hotels listings from our 46,138 businesses for sale. If you are looking to buy a business or sell a business, we can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, research a franchise opportunity, get a commercial loan, or find a business broker. Click Here to access our full site.

Sell Your Business - Free Listing! Get Business, Equipment and Commercial Real Estate Financing Sell Your Business or Real Estate Note


Businesses For Sale   >>   Hotels Businesses For Sale

Historic Hotel With Redevelopment Opportunity

Location  South Dakota,United States
Asking Price Range  $2.5M - $5.0M
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1900
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Training  Will train for 1 week at no cost.
Reason for Sale  Owner is looking to retire/pursuing other opportunities.

Description  
We have a fabulous re-development opportunity for one of Deadwoodds truly historic buildings located in the heart of the town at 51, 53 & 55 Sherman St. Deadwood, S.D. The property was built in 1894 by William E Adams, a pioneer and wholesale grocer. Currently known as Deadwood Dickkss the property consists of a saloon and restaurant with slot machines located in the bar area. There is an Antique Mall with 25 dealers located on the main floor, basement and Mezzanine. In 1999 two suites opened on the third floor for overnight lodging and later other apartments and rooms were converted into suites and hotel rooms located on a portion of the third floor and the entire fourth floor. Another opportunity has arisen with the recent passing of a statewide gaming bill allowing Keno, Craps and Roulette in Deadwood. This is one of the few buildings in downtown Deadwood that is large enough to house these games and only adds to the property's desirability. The W.E. Adams Building is a National Historic Landmark structure in Historic Deadwood and therefore approved historical restoration/renovation will result in eligibility for tax benefits and an 8 year State property tax moratorium. Your accountant can provide further details on this benefit. The property is unique in relation to all others in the downtown district of Deadwood. It is the third largest building in Deadwoodds Historical District and is easily developed as work has already been completed with regard to the structural basis. Adjacent to public parking, onsite parking for 25 cars, gaming potential of 120 gaming devices (with a four building designation) and can fulfill the requirements for a City Liquor License. This provides a wonderful foundation for a variety of redevelopment opportunities. Selling Price: $3,500,000 For more information, please contact Robin Byrne at 605-718-2358.


Click Here To Contact Seller


For more opportunities like this go to:
All Hotels and Holiday Accommodation Businesses for Sale
Camping and Parks Businesses for Sale
Guest Houses, Bed and Breakfast Businesses for Sale
Holiday Resorts Businesses for Sale
Hotels Businesses for Sale
Motels Businesses for Sale
Other Hotels and Holiday Accommodation Businesses for Sale
Other South Dakota Businesses for Sale
Search Businesses For Sale

Get Free Information on all of the Top Franchises

Get a Business Loan, Find Commercial Lenders

NEWSLETTER

Sign up for Free Industry-Related News on Business and Franchise Opportunities



Get Free Franchise Information!




© 2001-15 GlobalBX. All rights reserved.