Description
Listed by Travis Haan and TJ Wojtanowicz, Black Hills Realty, 605-415-2344. Turnkey Commercial Investment Package – Storage Units + Fully Leased Shop/Office Building | Spearfish, SD Rare opportunity to acquire a multi-asset commercial investment package in Spearfish, South Dakota. This offering includes an established storage facility with 89 units situated on approximately 0.75 acres, along with a newer commercial shop/office building located on .88 Acres and an over 17,000 square foot commercial building on 0.84 acres. The commercial building features five units, all currently leased, providing immediate and stable cash flow. The storage facility offers strong existing income with significant upside potential, including the ability to add additional large storage units through remodeling or expansion, further increasing revenue. And the large commercial building has multiple revenue streams. The property benefits from excellent access to I-90, easy turn-around, ample parking, and a layout that supports efficient operations for both assets. The combination of diversified income streams—self-storage and commercial tenants—creates a low-maintenance, scalable investment with long-term growth potential. Ideal for investors seeking a turnkey purchase with built-in upside, portfolio expansion, or a 1031 exchange opportunity in a strong and growing market.
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0BEDS
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1.63ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Listed by Travis Haan and TJ Wojtanowicz, Black Hills Realty, 605-415-2344. Turnkey Commercial Investment Package – Storage Units + Fully Leased Shop/Office Building | Spearfish, SD Rare opportunity to acquire a multi-asset commercial investment package in Spearfish, South Dakota. This offering includes an established storage facility with 89 units situated on approximately 0.75 acres, along with a newer commercial shop/office building located on .88 Acres and an over 17,000 square foot commercial building on 0.84 acres. The commercial building features five units, all currently leased, providing immediate and stable cash flow. The storage facility offers strong existing income with significant upside potential, including the ability to add additional large storage units through remodeling or expansion, further increasing revenue. And the large commercial building has multiple revenue streams. The property benefits from excellent access to I-90, easy turn-around, ample parking, and a layout that supports efficient operations for both assets. The combination of diversified income streams—self-storage and commercial tenants—creates a low-maintenance, scalable investment with long-term growth potential. Ideal for investors seeking a turnkey purchase with built-in upside, portfolio expansion, or a 1031 exchange opportunity in a strong and growing market.
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