1020 Junction AveSturgis, SD 57785

For Sale
$1,998,000

Prime Sturgis location, high rally income potential.

Overview

Added:
Feb 3
Days on market:
39
This exceptional commercial property, situated at 1020 Junction Avenue in the heart of Sturgis, South Dakota, presents a unique investment opportunity. Boasting a prime location at the southeast intersection of Main Street and Junction Avenue, this property benefits from significant year-round traffic and enjoys exceptional visibility, particularly during the renowned Sturgis Motorcycle Rally. The main building encompasses 1,476 square feet and is currently operating as a successful antique store. Adding to its income-generating potential, over 6,100 square feet of additional space is available for lease, primarily utilized for lucrative rally vendor spaces. Current rental income from vendors during the rally averages approximately $75,000 annually, offering substantial returns on investment. However, with strategic management and potential upgrades, this figure has significant room for growth. The property sits on a 0.18-acre lot, providing ample space for both the existing building and potential future expansion or development. This property is ideal for investors seeking a strong return on investment in a high-demand location with proven income streams and significant upside potential. The combination of a thriving retail space and highly sought-after rally vendor space makes this a truly unique and compelling commercial opportunity. The property's strategic location ensures consistent exposure and high foot traffic throughout the year.

Property Details for 1020 Junction Ave

Property type
Other commercial real estate
Square Feet
1,476 SF
Year Built
1940
Lot Size (sq. ft)
7,841 SF

Location Insight

City
Sturgis
County
Meade
State
South Dakota
Latitude
44.41395
Longitude
-103.5088
1020 Junction Ave, Sturgis, South Dakota

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1020 Junction Ave
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