5626 Fargo Lane, Rapid City, SD

Office for Sale - $3,599,000 - 17,400 Sq. Ft. on 1 acres


Agent Info

Brian Gill
CENTURY 21 ClearView Realty

Property Info

CIMLS#1176026
Location
  5626 Fargo Lane
  Rapid City SD 57701
UpdatedMay 12th, 2025
TypeOffice
Price$3,599,000
Building17,400 Sq. Ft.
Land1 acres

Property Description

Introducing a versatile commercial investment opportunity with a very desirable location, exceptional functionality and great visibility off of Catron Boulevard just 1/2 mile from the Stumer Rd. Walmart. This attractive newer two year old property has a total of 17,400 sq. ft., with10 units and runs 100% occupancy. Tenants are all high quality, well established businesses with long term leases and options to renew. Enjoy the passive income opportunity with the flexibility for either 100% multi-tenant occupancy, or partial rental income for an owner occupant. This location is poised to take advantage of the Catron Boulevard / 5th Street expansion that has been ongoing and will be ramping up in the near future. Each unit has both front and rear off street parking, with heated concrete zero entry front entrances, 14 ft., ceilings and a 12 ft., overhead door with an additional entrance in back. Landscaped areas have a time saving drip system in place for convenience and ease of maintenance.


Financials