$1,300,000
MLS #: 140111

Description of 118 MAIN ST, Rapid City, SD 57701

Investment Opportunity! New 9-unit apartment building in the East of 5th development in Downtown Rapid City. Completed in 2017, this former warehouse 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. Neighboring businesses include Armadillo's Ice Cream, BHFCU's new building to the west, and Pure Bean Coffeehouse and Dakotah Bank across the street. Walking distance to SDSM&T, Rapid City parks and bike trails, Rapid City Civic Center, and downtown restaurants and nightlife. Current rents are well below market in the surrounding area. Listed by Chris Long, 605-939-4489, Keller Williams Realty Black Hills.

Property Features of 118 MAIN ST, Rapid City, SD 57701

TYPE
Other
Community
City Center
Features
Central air
Off street parking
Lot has city view
Present use: Retail,Other
Road frontage: Major Artery,City/County
Ceiling Height: 8-11 feet
City sewer
City water
Natural gas
Total square feet: 8600
For sale
Business type: Other
Courtesy of: KELLER WILLIAMS REALTY BLACK HILLS LONG,CHRISTOPHER

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