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    118 Main Street

    Rapid City, SD 57701
    • $1,250,000
    • STATUS: Active
    • ON SITE: 14 days
    • MLS #: 66079
    UPDATED: 53 min ago
    $1,250,000
    • 0
      BEDS
    • 0.43
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1959
    Area:

    School Ratings & Info

    School District:

    Description

    Opportunity to buy into the growth of Downtown Rapid City! New 9-unit apartment building in the East of 5th development in Downtown Rapid City. Completed in 2017, property located between 1st and 2nd St on the north side of Main St was gutted to the shell and reconfigured into 7 one bedroom units, 1 two bedroom unit on the 2nd floor, and a storefront office suite with covered parking adjacent to the building. Each unit has an open concept design with modern amenities - in-unit washer/dryer, dishwasher, kitchen island, hard surfaces throughout, cathedral ceilings, skylights, and large closet. Neighbors Armadillo's Ice Cream, BHFCU to the west, Fairmont Creamery Building and Dakotah Bank across the street. Close to SDSM&T, Rapid City parks and bike trails, Rapid City Civic Center, restaurants and nightlife. Growth potential with under market rents, unrealized parking income and possibility for vacation rental use. Listed by Chris Long, 605-939-4489, Keller Williams Realty Black Hills.

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    © 2020 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: 2020-10-20T13:44:53.663.
    www.buyandsellblackhills.com/homes/110715460
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    118 Main Street Rapid City, SD 57701

    • Price: $1,250,000
    • Status: Active
    • Updated: 53 min ago
    • MLS #: 66079
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.43
    Acres
    1959
    Built
    Neighborhood:
    Rapid City
    Area:
    Rapid City
    School District:
    Rapid City
    Property Description
    Opportunity to buy into the growth of Downtown Rapid City! New 9-unit apartment building in the East of 5th development in Downtown Rapid City. Completed in 2017, property located between 1st and 2nd St on the north side of Main St was gutted to the shell and reconfigured into 7 one bedroom units, 1 two bedroom unit on the 2nd floor, and a storefront office suite with covered parking adjacent to the building. Each unit has an open concept design with modern amenities - in-unit washer/dryer, dishwasher, kitchen island, hard surfaces throughout, cathedral ceilings, skylights, and large closet. Neighbors Armadillo's Ice Cream, BHFCU to the west, Fairmont Creamery Building and Dakotah Bank across the street. Close to SDSM&T, Rapid City parks and bike trails, Rapid City Civic Center, restaurants and nightlife. Growth potential with under market rents, unrealized parking income and possibility for vacation rental use. Listed by Chris Long, 605-939-4489, Keller Williams Realty Black Hills.
    Exterior Features

    Construction Block Parking AssignedCarportCovered ParkingPaved Roof FlatRubber Style 2 Story

    Interior Features

    Approx Building Sq Ft 8600 Entrance Community Entrance Number Of Units 9

    Property Features

    Auction YN No For Sale Or Rent For Sale Includes All UnitsRefrigeratorRange/OvenDishwasherDisposalWasherDryerMicrowave Modular YN No Multi Family Property Type Other Pets Allowed YN Yes Short Sale No Subdivision YN No Terms CashNew Loan Type Of Tenancy One Year Lease

    Listing information © 2020 Mount Rushmore Area Association of REALTORS®., Inc
    Listing provided courtesy of Christopher Long of .



    © 2020 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: 2020-10-20T13:44:53.663.
     
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    Keller Williams Realty Black Hills
    3025 1st Avenue, Suite #2
    Spearfish SD, 57783