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    157 E Main Street

    Rapid City, SD 57701
    • $425,000
    • STATUS: Active
    • ON SITE: 30 days
    • MLS #: 66337
    UPDATED: 61 min ago
    $425,000
    • 0
      BEDS
    • 1.01 - 5
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Area:

    School Ratings & Info

    Description

    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. 10x10 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.

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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: 2020-11-26T09:44:44.29.
    www.buyandsellblackhills.com/homes/111379774
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    157 E Main Street Rapid City, SD 57701

    • Price: $425,000
    • Status: Active
    • Updated: 61 min ago
    • MLS #: 66337
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.01 - 5
    Acres
    Neighborhood:
    Rapid City
    Area:
    Rapid City
    Property Description
    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. 10x10 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 Features

    Auction YN No Commercial Property Type Ci Land W/Building For Sale Or Rent For Sale Short Sale No Subdivision YN No Type Lot Building Site

    Listing information © 2020 Mount Rushmore Area Association of REALTORS®., Inc
    Listing provided courtesy of Christopher Long of Keller Williams Realty Black Hills Rapid City.



    © 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: 2020-11-26T09:44:44.29.
     
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    Keller Williams Realty Black Hills
    3025 1st Avenue, Suite #2
    Spearfish SD, 57783