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$ 12,500,000
Est. payment | /mo
0.46 Acres Lot
$ 12,500,000
Est. payment | /mo
0.46 Acres Lot
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 177954
Lot Size 0.456 Acres
Property Sub-Type Other
Property Description
A Stabilized, Multi-Revenue Historic Asset on Deadwood's Most Trafficked Corridor The Buffalo-Bodega Complex occupies over half a block of prime frontage on Historic Main Street in Deadwood, South Dakota, directly across from the Historic Number 10 Saloon in one of the district's highest foot traffic zones. The complex operates multiple revenue streams under one roof, including a casino, full-service restaurant, bar, and the Buffalo Bodega Saloon, widely recognized as the oldest continuously operating bar in Deadwood. This diversification across gaming, food and beverage, and entertainment provides built-in resilience against seasonal fluctuation and single-source risk. Deadwood's regulated gaming market, combined with year-round tourism anchored by events, motorsport rallies, and proximity to national landmarks, supports a demand profile few small-market hospitality assets can match. The property benefits from sustained municipal investment in the Historic Main Street corridor and an established consumer base that returns annually. With demonstrated NOI performance and a cap rate aligned with institutional expectations for stabilized hospitality assets, the Buffalo-Bodega Complex represents a rare acquisition: an irreplaceable location, a proven operating model, and a brand with over a century of built-in equity. Seller financing or partial carry is available for a qualified buyer.
Location
State SD
County Other
Area Northern Hills
Interior
Cooling Central
Listed by ENGEL & VOELKERS BLACK HILLS, LLC
NEARBY SCHOOL & PROPERTIES
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