FOR SALE $899, Hwy 385, Rapid City, SD. Sandra Runde CCIM, SIOR, Commercial Broker

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1 Seven Room Bed & Breakfast with Restaurant in the heart of the Black Hills $899, Hwy 385, Rapid City, SD Exclusively Listed By: Sandra Runde CCIM, SIOR, Commercial Broker Chris Long CCIM, Commercial Broker Keller Williams Realty Black Hills 2401 W. Main St., Rapid City, SD

2 Introduction The historic Black Forest Inn is well known in the Black Hills as a great place to stay and eat. Built in the mid- 1950s, the B&B has had several owners over the years but has always had a reputation for good service. Locals and guests from all over the country stop in regularly to share their memories of the property. Bernice Musekamp who established the Black Forest Inn would be proud that her legacy lives on. Turn-Key Business Description Includes: Guest Rooms: Seven fully furnished guest rooms with private bathrooms. Comfortable king or queen beds and high quality linens and towels. All bedrooms include Satellite TV and DVD players and have heat & air conditioning. Two of the rooms have in-room 2-person Jacuzzi tubs, and two rooms have hot tubs on private outdoor patios. Dining: Large dining room and entertainment area. Perfect for morning breakfast or gatherings and events for up to 50 people. Includes tables, chairs and place settings everything you would need to entertain. Lounge: Comfortable lounge area with rock fireplace and a wine bar includes a small stage area for performances and ceremonies. Wine & Beer License: Alcove adjacent to the lounge serves as a small wine & beer shop. Includes transferrable on/off premises wine & beer license. Reception Area: Professional office and greeting area is set up with business furniture and equipment and includes a professional phone system with lines set up in key areas with an adjacent lobby and guest bathroom. Meeting Space: Lower level can easily accommodate up to 25, including large screen TV & media equipment, with all necessary furnishings including a dedicated bathroom and fireplace. Owner s Apartment: 2 room owner s apartment with a wet bar and private bath located in the lower level. Laundry & Storage: Large laundry facility for property housekeeping only; five storage rooms on the lower level. Kitchen: Large commercial kitchen with reach-in and walk-in refrigeration. Complete with professional cookware and equipment. Complete set of cooking utensils and appliances, prep tables, knives, cooking sheets, and racks. A nearby bathroom for staff and overflow guest use. Outdoor Spaces: Outdoor patio and event space situated in the front of the property. Includes tables, chairs, umbrellas, and patio heaters. Patio also has a large gas fire pit to gather around. Outdoor Restaurant (Musekamp s Grill & Pub): A fully enclosed outdoor commercial kitchen and bar. Seating for up to 25. Not fully winterized so is used for outdoor summer restaurant. Kitchen is designed to serve up to 50 diners at once. Can turn tables 2-3 times during busy evenings. Lawn & Gazebo: Manicured lawn includes a gazebo that is often the site of small wedding ceremonies. Parking: Adjacent large parking is combination asphalt and grass and can hold 50 or more vehicles. Dates of Operation: The Bed and Breakfast is open year-round with room prices varying depending on the following dates: High Season May 13-Oct 15 Low Season Oct 16-May 12 Location: Hwy 385, Rapid City, SD In the heart of the Black Hills on the major north/south route of Highway 385. Contact Sandra Runde of Keller Williams Commercial for more information. We look forward to hearing from you.

3 Welcome to Black Forest Inn! The Black Forest Inn is a unique and special facility, an ideal scenario for a corporate hideaway, as a resort for executives who need an opportunity to get away from the stress of corporate life but need to be near civilization or a superb setting for company retreats, board meetings, training facilities, as well as a bonus package for deserving employees and their families. Ideally located in the middle of the Black Hills of South Dakota, you ll find Black Forest Inn among the pine trees just twelve miles north of Hill City, providing easy highway access to Mt. Rushmore, Crazy Horse Memorial, Keystone, Pactola Reservoir, and all the state and national parks in the area for year-round recreational enjoyment the perfect vacation area for sight-seeing, boating, hunting, fishing, hiking, rock climbing, golfing, mountain biking, and all summer and winter sports. Just 30 miles away, the area s largest city, Rapid City, offers a wide range of activities from shopping to professional hockey. Rapid City s Main Street Square in Downtown Rapid City is open for yearround family friendly entertainment, dining and shopping. Downtown Rapid City s weekly concert series, Summer Nights, runs from June through August with activities for all ages. Visit us online! Black Forest Inn SD Highway 385 provides good 2-lane, asphalt access to and through the area and is the single-most popular northsouth traffic corridor, connecting Hot Springs in the southern Black Hills with Deadwood/Lead in the north. Rimrock Highway and Sheridan Lake Road provide convenient access from the area to Rapid City. Testimonials "What a quaint & charming Inn... reminds me of the inns & lodges in the Poconos of Pennsylvania. Thanks for a restful stay!" Tim & Barb Erie, Pennsylvania "Thank you for your warm hospitality! The Inn is beautiful and the meals were scrumptious! Enjoyed the pleasure of your company... many thanks!" John Stockton, CA

4 Floor Plan & Aerial View Highlights: Building: 8,940 sq. ft. 4,592 sq. ft. main level 1,784 sq. ft. upper level 2,564 sq. ft. lower level Land: 3.08 acres Buyer to verify all measurements. Utilities: Electricity: Black Hills Energy Gas: Propane Water: Pactola Water Association Sewer: 3 septic tanks with separate drainage fields, 1 kitchen grease trap Zoning: Highway Service District & General Agriculture Great opportunity for additional lodging, retail or amusement facilities. Property Tax Information Address: Hwy 385, Rapid City, SD TAX ID LOT SIZE LEGAL DESCRIPTION ASSESSED VALUE 2016 TAXES PAYABLE IN Acres Lot ER of Lot 1, S15, T1N, R5E $569,400 $6, Acres Lot 12R, S15, T1N, R5E 41, Lot F of Lot 1 of SE1/2SE1/4 S15, T1N, Acres 30, R5E Lot 2 of Lot D of Lot 1 of SE1/2SE1/4, Acres 46,400 $65.40 S15, T1N, R5E Total: 3.08 Acres $687,700 $8,689.64

5 The Black Forest Inn has been a noteworthy presence in the Black Hills since Bernice Musekamp built it as a restaurant and bar over 60 years ago. Over the years, it has passed through several owners but has continued to be associated with good food in addition to the lodging. To honor Bernice's memory, the outdoor summer restaurant is known as Musekamp s Grill & Pub.

6 Guest Rooms

7 Additional Photos For more information, contact: Sandra Runde CCIM, SIOR, Commercial Broker Chris Long CCIM, Commercial Broker Disclaimer: All information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified by purchaser prior to purchase or lease.

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