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1511 Other

Rapid City, SD 57701
  • $785,000
  • STATUS: Active Under Contract
  • ON SITE: 28 Days
  • MLS #: 84574
Under Contract
UPDATED: 51 min ago
$785,000
  • 0
    BEDS
  • 1.41
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial

School Ratings & Info

Description

This fully occupied 3-unit commercial property presents an exceptional investment opportunity in a high-demand market, currently generating stable income with 100% occupancy. Unit A features two office spaces (18'x14' and 11'x11'), a 27'x26' reception area, and a spacious 59'x58' shop with four 12'x10' overhead doors, a 14'x12' front door, and a newer heat pump for climate control. Unit B offers negotiable occupancy terms with a 20'x14' office, shared bathroom, and 31'x29' shop featuring a 14'x12' overhead door, while Unit Chouses a month-to-month tenant in a 39'x30' shop with a 12'x12' overhead door. The property boasts a new roof (2021), Co-Ray-Vac heating in all shops, 29 parking spaces, and a covered 31'x12'x14' carport. Ideally located in an expanding commercial corridor with limited available inventory, this turnkey asset combines income potential with modern upgrades and functional spaces, making it an excellent choice for investors seeking a low-maintenance commercial property with room for growth or that ability for for a business to relocate to accommodate growth!

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© 2025 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Black Hills. The data relating to real estate for sale on this web site 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 Keller Williams Realty Black Hills are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Data last updated: 2025-06-20T23:44:57.627.
www.blackhillshomesd.com/homes/164168043
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1511 Other Rapid City, SD 57701

  • Price: $785,000
  • Status: Active Under Contract
  • On Site: 28 Days
  • Updated: 51 min ago
  • MLS #: 84574
0
Beds
0
Baths
0
½ Baths
1.41
Acres
Neighborhood:
Rapid City Southeast
Area:
Rapid City Southeast
Property Description
This fully occupied 3-unit commercial property presents an exceptional investment opportunity in a high-demand market, currently generating stable income with 100% occupancy. Unit A features two office spaces (18'x14' and 11'x11'), a 27'x26' reception area, and a spacious 59'x58' shop with four 12'x10' overhead doors, a 14'x12' front door, and a newer heat pump for climate control. Unit B offers negotiable occupancy terms with a 20'x14' office, shared bathroom, and 31'x29' shop featuring a 14'x12' overhead door, while Unit Chouses a month-to-month tenant in a 39'x30' shop with a 12'x12' overhead door. The property boasts a new roof (2021), Co-Ray-Vac heating in all shops, 29 parking spaces, and a covered 31'x12'x14' carport. Ideally located in an expanding commercial corridor with limited available inventory, this turnkey asset combines income potential with modern upgrades and functional spaces, making it an excellent choice for investors seeking a low-maintenance commercial property with room for growth or that ability for for a business to relocate to accommodate growth!
Exterior Features

Construction Metal Frame Lot Description Interior Lot Lot Size 1.41 Marquee No Parking PavedParking Lot Road Surface Blacktop Surface Water None Topography Level

Interior Features

Basement Substructure Slab Cooling Refrig. Wall Unit Heating ElectricHeat PumpRadiant Ceiling

Property Features

Access Public Access Auction YN No Commercial Property Type CI Land w/Building Documents On File LeasePlat Map Electric Location To Lot For Sale Or Rent For Sale Lease Renewable No Mineral Rights No Number Of Employees 0 Occupant Long Term TenantOwnerShort Term Owner Non Compete No Owner Salary Expenses No Possession Negotiable Short Sale No Soil Class Unknown Subdivision YN No Terms CashNew Loan Type Lot Other Utilities Sewer City (At Site) Will Divide No

[Mount Rushmore Area Association of Realtors] logoListing information © 2025 Mount Rushmore Area Association of REALTORS®., Inc
Listing provided courtesy of Seth Malott of Century 21 Clearview Realty: 605-721-1257.



© 2025 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Black Hills. The data relating to real estate for sale on this web site 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 Keller Williams Realty Black Hills are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Data last updated: 2025-06-20T23:44:57.627.
 
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Keller Williams Realty Black Hills
2401 W Main Street
Rapid City SD, 57702