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702 Highway 16AKeystone, SD 57751

Pennington County

$2,490,000List price
19,228Sq Ft
1991Year built
0.65Acre lot
3Stories
12 weeks agoOn market

Description

LOCATION, LOCATION, LOCATION! Own the CLOSEST HOTEL to MOUNT RUSHMORE! Currently Super 8 by Wyndham! Lewis Realty proudly presents the closest hotel to Mount Rushmore National Memorial in the Beautiful Black Hills of South Dakota. This hospitality listing has three stories, 42 rooms, and services - including breakfast lounge area, ice machines, guest laundry, and currently unused pool building. Seller has done many upgrades over the past few years with new exterior carpet this year. Located right next to the bustling Keystone Strip Mall with coffee shops, restaurant/bars, and gift shops galore. This is the last year of the Wyndham Flag contract meaning it is wide open to decide if you'd like to pick a different flag or do your own BOUTIQUE HOTEL! It is priced well below replacement cost at under 60,000 per key. It is being sold as an asset purchase as current financials do not reflect what the property can do due to extenuating circumstances of the seller. Do your own math and make this your own. This section of Highway 16A has the HIGHEST TRAFFIC COUNT in the entire Black Hills during the summer tourist months and Keystone is the busiest summer tourist town in the Black Hills. Have a look at this one of a kind opportunity!

Property Information

Property type
Commercial Sale
Sub-type
Business
Year built
1991
Stories
3
Living area
19,228 Sq Ft
Lot size
0.65 acres
Days on market
85
MLS® Listing#
89368

Property Features

Pool
Outdoor Pool
Laundry
Laundry Room
Lot features
Corner Lot · Level
Sewer
Public Sewer

Directions

2.6 miles from Mt Rushmore at 702 Hwy 16A, Keystone, SD 57751

Listing Courtesy: Lewis Realty - 6056735885

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than EXIT Realty Black Hills are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. Copyright ©2026 Mount Rushmore Area Association of REALTORS®, Inc. Multiple Listing Service. All rights reserved.

Connect with a Local Real Estate Expert

  • Linnea Bulyca

    Sales Representative

    EXIT Realty Black Hills

  • Ray Moore

    Sales Representative

    EXIT Realty Black Hills

  • Hadass Negi

    Associate Broker

    EXIT Realty Black Hills