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    157 E Main St

    Rapid City, SD 57701
    • $425,000
    • STATUS: Active
    • ON SITE: 268 days
    • MLS #: 147860
    UPDATED: 31 min ago
    $425,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,352
      SQFT
    • $41
      $/SQFT
    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 Black Hills Association of REALTORS® Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from BHMLS. 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 Daneen Jacquot Kulmala & Steve Kulmala | South Dakota Properties. Data last updated: 2020-11-27T08:16:17.5.
    www.daneenjacquot.com/homes/103801229
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    157 E Main St Rapid City, SD 57701

    • Price: $425,000
    • Status: Active
    • Updated: 31 min ago
    • MLS #: 147860
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    10,352
    SQFT
    $41
    $/SQFT
    Neighborhood:
    City Center
    Area:
    City Center
    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.
    Exterior Features

    Exterior Walls Metal Parking Gravel/Off-Street Road Frontage City/County Roofing Composition View City

    Interior Features

    Ceiling Height 8-11 Feet Cooling Central Flooring CarpetConcrete Foundation Poured Interior Walls Unfinished

    Property Features

    Auction YN No Building Use WarehouseOther Commercial Type Warehouse Leased 100% Physical Condition Normal Quality Good Sale Or Lease For Sale Services City SewerCity WaterElectricityNatural Gas

    © 2020 Black Hills Association of REALTORS® Multiple Listing Service.
    Listing provided courtesy of Christopher Long of Keller Williams Realty Black Hills.


    © 2020 Black Hills Association of REALTORS® Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from BHMLS. 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 Daneen Jacquot Kulmala & Steve Kulmala | South Dakota Properties. Data last updated: 2020-11-27T08:16:17.5.
     
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    Daneen Jacquot Kulmala & Steve Kulmala | South Dakota Properties
    1415 Mt Rushmore Rd
    Rapid City SD, 57701