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0 Beds
n/a Full bath
10,352 SqFt
ACTIVE
Fully Leased Investment Property! Two buildings - warehouse and single family home located near SD School of Mines and one block south of Omaha St on Maple - convenient, easy access to downtown and Hwy 44. Warehouse (157 E Main St): Leased to 605 Grit Fitness on a 3 year lease at $2,500 per month through June 2022. 3% annual increase after the first year. 10’x10’ overhead door, new roof in 2019, and tenant improvements throughout. Gym provides fitness classes throughout the day and 24/7 access to members. Single Family Home (502 Maple Ave): Month-to-month lease at $1,100 per month. Current tenant has occupied for 5+ years. One block east of new Ascent Innovation Campus to open in late 2020. Listed by Chris Long, Keller Williams Realty Black Hills/KW Commercial, 605-939-4489.
Property Details | ||
|---|---|---|
| Price | $425,000 | |
| Property Type | Commercial | |
| Sub Type | Warehouse | |
| View | City | |
| Roof | Composition | |
| Foundation | Poured | |
| Parking Description | Gravel/Off-Street | |
Geographic Data | ||
| Latitude | 44.079102668445 | |
| Longitude | -103.21125420105 | |
| Market Area | City Center | |
Address Information | ||
| Address | 157 E MAIN ST, Rapid City, SD 57701 | |
| Postal Code | 57701 | |
| City | Rapid City | |
| State | SD | |
| Country | United States | |
Listing Information | ||
| Listing Office | KELLER WILLIAMS REALTY BLACK HILLS | |
| Listing Agent | CHRISTOPHER LONG | |
MLS Information | ||
| MLS Status | ACTIVE | |
| Listing Date | Mar 3, 2020 | |
| Listing Last Modified | Oct 27, 2020 | |
| MLS Area | City Center | |
| MLS # | 147860 | |
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This information is believed to be accurate, but without any warranty.
