810 Tenaya StHermosa, SD 57744

For Sale
$1,300,000

Iconic Drive-In Theater, SD

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents the chance to acquire Roy's Black Hills Twin Drive-In, a well-established and profitable mixed-use property located in Hermosa, South Dakota. The property boasts a prime location along Highway 79, situated on a substantial 16.6-acre lot zoned for general commercial use. The drive-in theater itself comprises four buildings totaling 2,624 square feet, constructed in 2012. This unique property features two screens, with one boasting an impressive 80-foot-wide screen, one of the largest in the US. The theater was the first all-digital drive-in in the area, showcasing its commitment to modern technology while maintaining its classic charm. The asking price is $1,300,000, translating to $495.43 per square foot. This turnkey operation is fully equipped and ready for immediate operation, offering a rare opportunity to own a piece of American entertainment history. The substantial lot size presents significant potential for future expansion or development, given its prime location and general commercial zoning. This is a truly unique investment opportunity with strong potential for continued growth and profitability. The property's established customer base and prime location along a major highway ensure a steady stream of revenue. This is more than just a business; it's a piece of Americana waiting for its next chapter.

Highlights

  • $1,300,000 asking price for a mixed-use property.
  • 2,624 square feet on a 16.6-acre lot.
  • Four buildings, built in 2012.
  • General Commercial zoning.
  • $495.43 price per square foot.
  • Broker co-op available.

Property Details for 810 Tenaya St

Property type
Theaters & concert halls, Other mixed-use properties
Square Feet
2,624 SF
Year Built
2012
Buildings
4
Lot Size (sq. ft)
723,096 SF

Location Insight

City
Hermosa
County
Custer
State
South Dakota
Latitude
43.8434331
Longitude
-103.2105678
810 Tenaya St, Hermosa, South Dakota

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810 Tenaya St
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