MLS#: 173924

$785,000 USD

  • Minimum sellable space
    546m²  (5,876ft²)
The details

Property features

Construction details

  • Year built: 1999

Area

  • Property size: 546m²  (5,876ft²)
  • Land/Lot size: 5,706m²  (1.41ac)

Description

This fully occupied 3-unit commercial property presents an exceptional investment opportunity in a high-demand market, currently generating stable income with 100% occupancy. Unit A features two office spaces (18'x14' and 11'x11'), a 27'x26' reception area, and a spacious 59'x58' shop with four 12'x10' overhead doors, a 14'x12' front door, and a newer heat pump for climate control. Unit B offers negotiable occupancy terms with a 20'x14' office, shared bathroom, and 31'x29' shop featuring a 14'x12' overhead door, while Unit Chouses a month-to-month tenant in a 39'x30' shop with a 12'x12' overhead door. The property boasts a new roof (2021), Co-Ray-Vac heating in all shops, 29 parking spaces, and a covered 31'x12'x14' carport. Ideally located in an expanding commercial corridor with limited available inventory, this turnkey asset combines income potential with modern upgrades and functional spaces, making it an excellent choice for investors seeking a low-maintenance commercial property with room for growth or that ability for for a business to relocate to accommodate growth!

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Location

Rapid City, South Dakota