Property Listing No Longer Available for Sale

910 Main Street, Rapid City, SD

Retail for Sale - $1,200,000 - 11,800 Sq. Ft. on 0.16 acres


Property Info

CIMLS#1086104
Location
  910 Main Street
  Rapid City SD 57701
UpdatedApril 12th, 2021
TypeRetail
Price$1,200,000
Building11,800 Sq. Ft.
Land0.16 acres

Property Description

Don't miss the opportunity to purchase a downtown multi-use property! This property has been completely renovated. The property

features 3 retail/office spaces on the main level. Each space has store frontage on busy Main Street. The street parking is not metered in front of the building. The building has public bathrooms in the back of the retail stores, as well as storage area. The upper level features 3 loft style apartments with beautiful finishes. There are two 2 bedroom, 2 bath units, and one 1 bedroom, 1 bath unit. The upper level has secure entrances and each unit has a private parking space in a garage at the back of the building as well as a deck in the front units and rooftop patio in the back. These loft apartments have rental growth potential with current under market rents. Tenants pay electric and gas and owner pays water, sewer, trash, and fire panel maintenance. Owner also has 2 leased parking spots on the side of building for $35/month each.


Financials