812 E 5th St, Canton, SD – Just Listed

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812 E 5th St, Canton, SD

Just Listed

Presented By:

Nick Thompson

Realtor
Keller Williams Realty Sioux Falls
605-941-4689
Licensed In: South Dakota

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$ Click for current price
15 full, 15 half baths BATHROOMS | 4070 SqFt

Turn-key investment opportunity to own a well established motel and storage units on a large .74 acre lot conveniently located on Highway 18 in Canton with access from both College St. and 5th St. Nearby Pizza Ranch, Taco Johns, Sunshine Foods, Auto Pros, and two gas stations. The current owners have poured their heart and soul into this proeprty. 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 and the bordering state of Iowa. Invest today in the established and growing community of Canton!