157 E MAIN ST, Rapid City, SD 57701 – Rapid City Commercial

157 E MAIN ST, Rapid City, SD 57701

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 TypeCommercial
Sub TypeWarehouse
ViewCity
RoofComposition
FoundationPoured
Parking DescriptionGravel/Off-Street
Geographic Data
Latitude44.079102668445
Longitude-103.21125420105
Market AreaCity Center
Address Information
Address157 E MAIN ST, Rapid City, SD 57701
Postal Code57701
CityRapid City
StateSD
CountryUnited States
Listing Information
Listing OfficeKELLER WILLIAMS REALTY BLACK HILLS
Listing AgentCHRISTOPHER LONG
MLS Information
MLS StatusACTIVE
Listing DateMar 3, 2020
Listing Last ModifiedOct 27, 2020
MLS AreaCity Center
MLS #147860

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